The creditor usually does not agrees to negotiate if the consumer pays his debt or installment on regular basis. They only act when the consumer is unable to pay regular installments because consumers balance keeps growing due to ongoing interest and late fees charged. 

Many online websites provides complete information about debt settlement and debt negotiation. With the help of Do-It-Yourself Debt Settlement guides one can approach on their own. For debt settlement and negotiation you can hire a lawyer or debt settlement companies which are expertise in this field. The debt settlement company negotiates your debt on your behalf with the creditor so that you can have the best comforting deal. However, these companies charge a certain amount of fees for their service.

One thing to keep in mind that the process of debt settlement hurts your credit report which is used by creditors to judge the performance so that they can decide whether the applicant meets up their criteria of lending.