Has anyone done it? I have so many bills a month, credit cards, loans, etc. I have paid everything on time and have never missed a payment, but it's hard to stay afloat. I called care one and they said i'd be better off with a debt settlement and i'd be paying a quarter of what i'd be paying now. It sounds like a huge relief for me. But, i'm worried about my credit. It's not that great now, but it's not bad. I know in the next couple of years i'm going to have to get another auto loan. I would be keeping 3 credit cards. Macys, tires plus, and capital one. So, maybe having those will help me keep my credit intact? Does anyone have any advice? I owe over 10,000 and doing a debt consolidation really wouldn't lower things. That's why they suggested a settlement.