Credit Card Settlement
Are you struggling to clear your credit card dues? Credit Card Settlement might be a viable option to reduce your total payable amount and become debt-free faster. At Settle Now, we specialize in helping you settle your Credit Loan dues with banks at a reduced amount — often much less than the total outstanding — allowing you to become debt-free faster and more affordably.
Advantages of Personal Loan Settlement (vs Credit Card)
If you have a large amount due on a personal loan, choosing settlement can be advantageous:
➥Relieves Stress: Frees you from persistent collection calls and financial stress.
➥Simplifies Debt: Combines multiple dues into a single repayment.
➥Lump-Sum Reduction: Often results in a substantial discount on total amount.
➥Precludes Default: Shows you made a reasonable effort to resolve debt instead of ignoring it.
How We Can Help
At Settle Now, we specialize in negotiating settlements directly with banks and financial institutions on your behalf.
➥Support you through the process until your dues are settled.
➥We assess your financial situation.
➥Develop a tailored proposal to submit to your bank.
➥Handle all communication and negotiations.
➥Provide you with a clear plan and timelines.
How to Settle Your Personal Loan
- Consultation: Provide us your financial details and total dues.
- Analysis: We assess your situation and determine a realistic settlement amount.
- Negotiation: Our team negotiates directly with your bank for maximum reduction.
- Approval: Once we reach an agreement, we provide you with a formal settlement letter.
- Payment: You pay the settled amount in a lump sum or installment, as approved.
- Closure: The bank closes your account and reports it to the Credit Bureau.
Getting started is quick and easy. Provide us with your details, and we’ll activate AHS for you in minutes.
- Connect & provide your details to activate AHS.
- Get a Unique Call Forwarding Number
- Forward all suspected harassment calls
- Our team monitors these calls
- We resolve the situation on your behalf
- Your peace of mind is our priority. Our team works in the background while you get back to living your life without stress.
Why Settle Now?
We aim to minimize your financial stress while protecting your future financial health. With 10+ years of expertise in negotiating settlements & financial experts, know exactly how banks respond.
FAQs (Frequently Asked Questions)
Q1. Who is eligible for Credit Card Settlement?
➥ Anyone experiencing financial hardship and unable to pay their total dues.
Q2. How much can I save through Settlement?
➥ Savings typically range from 30% to 70% of total dues, depending on your account and bank policy.
Q3. Will Settlement affect my Credit Score?
➥ Your score may drop temporarily, but it’s a step toward eventual financial recovery.
Q4. How long does the process take?
➥ It typically takes 2–6 months, depending on your case and negotiations.
Q5. What documents do I need to apply?
➥ Usually your Credit Card Statements, Aadhaar, PAN, and a Letter of Hardship.
Q6. Will I face legal action from the bank?
➥ Negotiations aim to resolve dues and avoid legal complications. However, we advise addressing this promptly.
Q7. Can I pay in installments after Settlement?
➥ Some banks allow installment payments; we will negotiate this for you.
Q8. Is there a fee for your service?
➥ We charge a small service fee upon successful settlement. There are no hidden charges.
