I have an "opportunity" to start a debt mgmt program (DMP) through an agency referred to
me by my credit union. It will decrease the percentage of 6 different credit cards, total
less payment $182 per month. I am required to close these accounts, which is fine - BUT
how will this affect FICO? I'm closing with a balance, and although paying monthly, no one
can tell me what impact this will have. Anyone have any experience with this?????
Thanks!