How will enrolling in a DMP affect my credit or credit score?
When you sign up for a DMP, some creditors may notify the credit bureaus placing a notation on your report indicating your enrollment in a DMP. The notation is normally removed when you complete or terminate the plan. We suggest that you review your credit report, upon completion/termination of the DMP, to ensure that all information is up to date and accurate. Some creditors might report an account as delinquent until all balances are paid off and this may have a negative impact on your credit.
