Credit Repair After Debt Settlement

I've had to enter into debt negotiations and settlement with my ceditors. Three of the five have been settled and marked "Paid as Agreed". I know my credit is shot at this point. Does anyone know how long this stays on your credit report and is it as bad as filing for bankruptcy?

There are several posts on this topic. What I've heard here and elsewhere is that settlement is only slightly more favorable than bankruptcy and can affect you as long as 5-8 years. If it says paid as agreed that might be in your favor. My understanding is it usually states settled. Anyone on here differ ? Did you settle yourself or with a settlement company ? I think there are things you can do to repair it somewhat as well. Others here may have feedback on that topic.

I thought it stayed on for about 7 years? But I could be mistaken.