Credit Cards Center Credit cards from our partners
Senior Contributor
Posts: 3,536
Registered: ‎11-30-2007

? about DMP

If one is involved in a dmp, and decides to discontinue it early, does the bureau status go from MANAGED BY DMP back to being managed by consumer?  Just wondering....

Community Leader
Epic Contributor
Posts: 26,740
Registered: ‎03-19-2007

Re: ? about DMP

It's not automatic, as the CRA has no way of determining such a status. 

It would require the party who reported that information to update their reporting. 

Super Contributor
Posts: 5,722
Registered: ‎10-06-2007

Re: ? about DMP

IMHO no.  My reason is that long after I finished DMP, the comment about being in one is still on my CR.  Not to worry though since as far as I know it has not impacted my ability to get new credit.

09/10/2016 FICO: EQ: 797 EX:788 TU:795
Posts: 14,051
Registered: ‎04-15-2011

Re: ? about DMP

Are you in a better situation where you no longer need the DMP?   If so then it's time to get serious and pay those debts off.  I was in your situation, but my DMP program absolutely crashed my credit.  It wasn't till I got out from under them that I was able to actually get some stuff cleaned up.

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.