Credit rating take a real hit
They have done a good part in negotiating payoffs for our 3 VISA cards. We are near the end of our 3 year process with them. The only problem I have with them, they did say our credit rating would take a real hit, but rebound within 6-9 months. We went from 750 to 630. Our credit rating is still real bad, about 637. We are now told we would not see it rebound till the debts are paid in full.