u/Competitive-Key3387

Hello! I'm currently in a debt relief program and have been for around 7 months, and I've been making steady payments into a savings account for the settlement when it comes. I recently got a call from my program saying that they are recommending a loan through one of their partners so they can get my creditors to negotiate, since they haven't been able to get any offers, and it will likely be until October (1 year mark) that they will have an offer. The loan they offered was 22% APR, which is high, but a lot better than the credit card interest and late fees that are stacking up while I'm defaulting. I just need an outside opinion on whether going with this loan is a good idea or if continuing with the current program is better. Thanks.