Settle-My-Debt:
The Credit Card Settlement Experts

In the recent credit crunch UK consumers weren't the only ones affected: lenders have been hit too. In the last decade the banks made large profits by lending money with less discrimination than was required, meaning that a lot of money lent has remained unpaid. The lenders are now doing what they can to get as much back as quickly as possible. For this reason, they are willing to accept lump sum repayments.

Our staff are experts in credit card debt settlement, a complex area of the industry which requires expertise and the latest knowledge of recent developments. We are perfectly equipped to arrange the ideal credit card settlements for you, working on your behalf to negotiate a deal designed to help you get out of debt. We can further help to alleviate the pressure on you by dealing with your creditors on your behalf until you are free of debt. We have a fantastic reputation in the industry and a large client base, meaning that lenders trust us.

We will create a bespoke affordable monthly payment plan by negotiating between you and your creditors. Our credit card debt settlement plans work by using part of your monthly payment to service the debt you owe, while using the rest to grow a lump sum that we can then use to negotiate a settlement with your creditors. This final credit card settlement is typically in the region of 25% to 50% of the amount owed.

All we require of you is to pay the pre-arranged affordable monthly amount and we will deal with everything else on your behalf.

If you have a history of missed payments or loan applications then your existing debt will already have affected your credit rating. When we agree a settlement with your creditors they will have accepted a reduced repayment for your credit card settlement. Because of this, they will prevent you from borrowing any more money by issuing a default notice letting other lenders know that you are making use of a credit card debt settlement plan.

We advise our clients that the quickest and best way for them to improve their credit rating is to get rid of their existing debt. Once this has been done then they can rebuild their credit rating.

We are able to save our clients half of what they owe, sometimes more, depending on the age, employment status of the client and who the lenders are.

If the debt is £10,000 we can get you debt free for £5,000

If the debt is £40,000 we can get you debt free for £20,000

The fees are included in the payment plan. We earn our money by agreeing a settlement that gets you out of debt and take no fee until this is achieved. An initial payment is agreed to set up the account, but after this there are no extra costs.

As an example:
If you are on a 36 month plan, the first couple of payments will be used to set up the account. After this we won't take anything until we have agreed a settlement that saves you money.

If you owe £10,000 and we agree to settle the debt for £4,000, then we will take our fee from the money that the creditor gets. In effect they pay for you. We operate a no win, no fee service.