Jun 15
No, you cant borrow money from a debt settlement company. When a debt management company says that it will aid you in repayment of your credit then it means that it will negotiate with your creditors for decreased monthly payments after analyzing your economic problems. It does not turn into that it will give you loan directly to repay your outstanding debt at once and then pay per month to debt managemnt company later. Its purpose is just to plan out the way for complete repayment of all loans by stop interest and extra and fees so that the duration of repayment time and amount of monthly repayment can be reduced effectively.