Offer made default but "partially settled" status offered

themadhouse

I defaulted on my Lloyds Bank account in 2016. The balance was £2,200.
An offer was made to me after negotiation for around £1,400. I battled to get it lowered and have been offered the following:

We're delighted to let you know we can accept the following amount to settle your account;

 

Reference: XXXXXXXXXX

Amount: £1,000.00

 

When paid, if your account is reporting on your credit file, we'll send an update so that this shows as "partially satisfied"

My concern is that a "partially settled" mark (which I know it is) would carry less weight if trying to obtain credit in the future, than a "settled" status.

Can anyone point me in the right directions as to my options so I can made an informed decision on what's best for me to proceed?
Thanks in advance.

[Deleted User]

Partially settled is fine.

Once you've defaulted, lenders know you'll never repay the debt in full, so you just need to make the payment.