Settle-My-Debt:
Experts in Debt Elimination

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 they should, meaning that a lot of money 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, making it easy for us to help you with debt elimination.

Our staff are experts at agreeing settlements for debt elimination - a complex field which requires practitioners to be well-versed in the very latest developments. We are incredibly well-equipped to work on your behalf. If you take up our services we will take over dealing with your creditors until you are free of debt, taking some of the pressure off while you eliminate debt. Our excellent reputation in the industry, along with our large client list, means that the lenders trust us and are happy to deal with us.

We will draw up a monthly payment plan that you can afford, by working as the negotiator between you and your creditors. Debt settlement helps you with debt elimination by using part of your monthly repayment to service the debt, and the remainder to build a lump sum which is then used to reach a settlement with your creditors - typically around 25% to 50% of the original sum owed.

All we need you to do is pay the pre-agreed affordable monthly payment and we will take care of the rest on your behalf.

If you have previously missed payments or made loan applications it is likely that your credit rating will already have been affected. Once we have agreed a reduced settlement with your creditors they will want to prevent you from borrowing more money. In order to do this they will issue a default notice, informing other lenders that you are making use of a debt settlement program. Our debt elimination advice is that the best way to improve your credit rating is to get out of debt as quickly and as cheaply as possible. Once the debt has been paid off, then you can get on with rebuilding your credit rating.

We can typically save you around 50% of what you owe, sometimes more. This will depend on your age and employment status as well as to whom money is owed.

For a debt of £10,000 we can eliminate debt for £5,000

For a debt of £40,000 we can eliminate debt for £20,000

We include the fees in the payment plan. Our money is earned by agreeing a settlement that helps you eliminate debt - we take no fee until this is achieved. An initial payment is taken to set up the account, but after this there are no extra costs.

For example:
On a 36 month plan, the first two payments will be used to set up the account. After this we won't take anything until we have agreed a settlement with your creditors that saves you money. If you owe £10,000 and we agree a settlement of £4,000, then we will take our fee from the money that the creditor gets. Effectively, they pay for you. Settle-My-Debt operate a no win, no fee debt elimination service.