Settle Loan is a prominent fintech company specialising in loan Settlement and debt Settlement services. Our advanced solutions are designed to assist individuals facing financial challenges to overcome the burden of debt traps. With Settle Loan, clients can rely on our expert loan Settlement consultants to negotiate on their behalf, providing a path to financial freedom.
Debt Settlement is a common practice in developed countries like USA and Europe but is not often practiced in India. In this scenario, the unfortunate borrowers suffer a great loss of money and peace of mind which occur due to non-payment of EMI.
In this process, we aim to negotiate the best possible Settlement plan with the creditor(s) and repay the Settlement amount, which is a more feasible amount than the total amount owed.
Credit card debt incurs a higher interest rate and additional fees, making it challenging to repay the debt. These extra interest charges contribute to an escalation of the debt amount, in addition to causing financial strain. Furthermore, it impedes one's capacity to save and invest the available funds.
Harassment by recovery agents is quite common in India, despite several Supreme Court judgments and RBI guidelines prohibiting harassment of borrowers. Our Anti-harassment Service is available to assist in such situations. Please read on to learn more about how we can help.
Improving credit score is not an overnight task. As part of the process, we will provide you with the support of a senior credit counsellor who will guide you through a period of 3-6 months or longer if necessary. Their expertise will help you make informed decisions and implement effective strategies to improve your credit score gradually.
Home loan Settlement occurs when the borrower and lender reach an agreement to pay off the remaining loan balance. This typically happens in situations where the borrower is unable to keep up with the loan payments. In some rare cases, lenders may even offer financial incentives to borrowers who opt to settle their debt.
The vehicle loan Settlement is the amount required to pay off an existing vehicle loan fully. Often used interchangeably with "payoff amount," vehicle loan Settlement is typically presented as time-sensitive quotations that can fluctuate from one day to the next.
Education loan Settlement refers to engaging in negotiations with a lending institution to arrive at mutually agreed-upon terms for repayment of an education loan. In situations where borrowers are experiencing financial hardship and cannot fulfil their loan obligations, they may consider exploring the option of loan Settlement to resolve their outstanding debt.
With our settle loan program you can save a lot on your total outstanding debt, including paying our fees you can save up to 50% of the total outstanding debt that you owed from the lenders.
It takes an average of 24 months for our customers to become free from debt trap which they cannot pay even in 5 yrs. Our Settlement program is the fastest process to become debt-free.
Our Settlement program will also help you to live a stress-free life as you can forward all your lender’s calls to our team to handle all harassment calls.
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Settle Loan help in settling both Unsecured and secured loans like credit card loans, personal loans, consumer loans, business loans, home loans, vehicle loans and education loans, etc.
Settling the loan may vary on your savings but usually, it takes an average time of 12 to 18 months.
Your creditors will continue to add interest and late fees to your account. However, at the time of Settlement, you will still end up paying less than the outstanding amount you had at the time of enrolment into the program.
You may continue to get calls from the bank or recovery agents. However, do note that they are bound to follow certain code of conduct as laid down by RBI and Supreme Court of India. You can redirect the calls to our team and our legal team will handle the communication as per the laid down guidelines and laws of the country.
The creditor has the right to file a case for non-payment of dues but most creditors are willing to settle if there is a possibility. Our Legal advisors can help you in handling these cases if the need arises.
Disclaimer: Loan Settlement is at the discretion of the lenders and only they can issue settlement letters. We provide legal support and do not have any authority to issue such letters. Not all debts are eligible for loan settlement. You should consider loan settlement only if you are in financial distress and unable to pay your loan EMIs.
Settleloan.in is committed to following the highest standards of governance in managing client information and providing professional support to our clients. In this endeavour, we work with several organizations to meet globally recognized norms. These include: CISA audit - TUV-SUD | Credit Information - Experian | Escrow Management - Orbis
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