mr

No. It will make it more difficult for a while, but after your debts have been cleared from your credit report it should make it easier.

well if you are want to opt for a debt settlement in order to get more debts in the future then in that case this is not something that is going to help because debt settlement effects your credit scores and only fater you entire debts are cleared only the you can start rebuilding your scores just want to make clear that debt settlement does not make it impossible for you to get debts in the future since you can get debt even after bankruptcy the matter of concern would be the APR

There is a possible solution to this problem. If you enroll for a Debt Settlement program, it is true that your credit will take a hit. But during the course of the program if you can continue to pay off other bills (Utility bills, other credit cards, other loans and mortgages) on time this can to a great extent minimize or neutralize the negative effect on your credit. This makes it much easier for you to rebuild your credit after the program and hence you can get a new credit earlier.