Forget the credit settling company.

Tell them to contact Visa and make arrangements. Visa wants there money back so if you offer them something they will probably be willing to play lets make a deal.

In such a situation since the interest rates on those cards is so high, is there any way this person can pay that loan back in one shot? IE sell a car or boat, if they own a home maybe take out an equity line of credit to pay it, personal loan from a bank, ect?

I know with my Visa if you don't pay they bump you up to like a 20% or 25% interest rates. If I were in such a situation I'd be looking for a way to roll that loan into one with a sane rate.

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2006 CL500
1969 280SE
2023 Ram 1500
2026 Genesis GV70
2007 Tiara 3200