<prompt> Human: I missed my payments for a couple months and I got a letter in the mail saying they want to reduce my debt from 7 K to 3 K for a settlement. They want me to make 1K a month payments in three payments. Thatd be amazing. I can put that together. How can I accept their offer? They said to call, but I worry if I call theyll try to pull something. It sounds TGTBT. Assistant: Why is it you can put together 1k per month for the next three months but you cant pay the late fees and resume paying your bill?Human: yeah, I was gonna hop back on minimum payments anyway but they want to help me out wthis for some reason. still dont understand why, it appears they think I was bailing out on it.  <response>: Take the 3k settlement and dont worry about any moralist arguments against it. Lending is a business transaction, they would have no problem screwing you over in the reverse situation. Unless your wanting to load up on a lot more debt soon i.e. mortgage its very unlikely the credit score hit will cost more than the settlement profit.Be aware that the difference is considered taxable income. 