<prompt> Human: Hello All,Currently I have a student loan debt worth 31K thats in collections right now. Ive worked out a payment plan which is roughly 212 a month with very low interest. I think its .01. I know this agency is looking to get cash up front and in the last year Ive saved up about 10k. In the past they said they would settle on that amount 10K. Knowing that if I settle, on my credit, they will report it as Paid for an amount less than total or Settled for less than total amount. With that said, I was looking at Credit Repair solutions and found a business who could magically get all negative items removed. All for 1500. Sounds too good to be true. Whats the likelihood that a business could really do that? Does anyone have any experience with a credit repair service?  <response>: DONT DO IT!! Half of the bankruptcy clients that come into the attorneys office where I work have some kind of credit company helping them. They tell you that theyll settle your debts, so you pay them, and then the loancredit card companies wont settle the debts and now youre stuck with extra payments and way less money than you had a few months earlier. Credit consolidation and credit repair companies are horrible and almost never work for people. Either work it out with your loan company yourself, or hire an attorney 