californiagal 10 Posted June 19, 2007 Report Share Posted June 19, 2007 Finally my creditors are starting to discuss settlement. However, I don't have the money to pay a lump settlement. And my credit is horrible. The information on creditinfocenter warns never to use the credit consolidation companies.Is there another resource out there to borrow a sum of money to pay settlements?If I do all the negotiation myself, can I simply borrow money from one of these consolidation companies?Will that scenario be harmful to me and my credit? Link to post Share on other sites