How will the program affect my credit rating?

According to FICO, the recognized authority in the credit scoring business, participation in a DMP is not a factor in your credit score, but some creditors will report your participation to the credit bureaus after your accounts are closed. There are still some lenders out there who will view this negatively, even though you're taking control and dealing with your situation. And later, when you're applying for responsible financing, we'll be more than happy to provide you with letters of reference that will attest to your payment history with us. Please bear in mind that, whether you're in our program or not, it's always recommended that you pay your bills on time as well as pay down your debt.