Settling Overdue East Syracuse NY

I am a student who has gotten into debt from being a student. My question is, I have debt collectors sending me settlement balances, if I pay these balances offered, will this wipe out the debt in full and what kind of marking will appear on my credit report?

Robert A Schwartz
(585) 301-4686
2468 E Henrietta Rd
Rochester, NY
JCB International Credit Card Co., Ltd.
(212) 651-8001
70 East 55th Street
New York, NY
Consumer Credit Counseling
(212) 334-7405
1635 S Ridgewood Avenue Daytona
New York, NY
Alliance Bank
(315) 280-6428
160 Main St
Oneida, NY
Sekharan Raja N
(585) 272-7007
2540 Brighton Henrietta Townline Rd
Rochester, NY
TD Banknorth
845-294-5195
15 Matthews Street
Goshen, NY
Allstate Merchant Services
(917) 687-3359
40 Rector Street
New York, NY
NuMony Technologies Inc.
(845) 431-9003
2600 South Rd. Suite 44-25
Poughkeepsie, NY
Paralegal Debt Recovery Solutions LLC
(585) 621-2607
Po Box 16626
Rochester, NY
American Credit Alliance Inc
(718) 727-0711
37 E 56th St
Brooklyn, NY