Settle Loan helps 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 a 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.
CIBIL score can be improved by following financial discipline.Post Loan Settlement we have a credit score builder program.
Loan settlement is at the discretion of the lenders and only the lenders can issue the settlement letters.We can only assist and do not have any authority to issue such letters.
Yes you can,however it is not easy to negotiate under pressure.Our team has many years of experience in doing this and can get the best possible deal for you.
You will not be able to use the credit cards that are part of the settlement program during the period prior to the settlement.
Yes, it is perfectly legal.
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
© Savemoney Financial Services Pvt Ltd. All Rights reserved.