Yes, if you can pay it in full, it will be reflected in your credit report as 'paid'. If you go for a settlement it will be reflected as 'settled'. A 'paid' status is always considered better than a status depicting 'settled'. But in the end it's up to your current financial strength. You can't just pay it in full and get yourself into another debt.
Your personal details (name, email address and phone number) will be delivered to the company advertised on the Creditmagic after ve agreed to go for the counseling session by filling out the no-obligation form. However, it is your discretion to accept or reject their services.
Not all the creditors/debt collectors agree to trim down the outstanding balances, interests, and fees payable by the consumer.
Consumers working with the debt relief companies can still be sued by the creditors/collection agencies.
Debt relief services may have a diminishing effect on the creditworthiness of the consumer. The total outstanding balance may increase as the additional fees get accrued.
The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.