How will the debt management and debt settlement programs effect my credit and credit report?
A debt management program is not a factor in the calculation of your credit score. While in and of itself it will not effect your score, it is possible some creditors will place a statement on your report that says “account managed by dmp”, this statement is also not a factor in your credit scoring. The Debt Settlement program is designed to protect your credit report also. Our program is unique and called “Debt Audit”. It is designed to have the creditors remove negatives from your report as settlements are made.
