HSCB Credit Card
Listing into Defaulters List

Hi All

This is Anirban Dey here. My problem is I had a HSBC credit card. I have some payment outstanding. But the outstanding is not due to my fault. It's partly HSBC and partly Tata AIG fault. Now they are claiming money from me. 2 days back HSBC personal called me and offered me to settle the account in a lower amount.

Now my question is, if I go for the account settlement, is there any chance to be listed in the banking defaulters list?

Please help me..