The benefits are clear! Save Money! Improve your credit!

No long term negative hits to your credit, compared to Bankruptcy, Consumer Credit Counseling, or Credit Consolidation.

Is there a downside?
There will be a negative impact on your credit report, if you choose to or are unable to, continue paying your creditors. However, after they receive your settlement payment they will report to the credit bureau(s) that the account has been satisfied and now carries a $0.00 balance.