Settle-My-Debt:
Experts in Dealing with Debt Problems

UK consumers haven't been the only ones to have problems with debt; UK lenders have also been punished. Over the past decade much of the banks' business has involved pursuing large profits by lending without giving proper consideration. Since the credit crunch occurred, they have found themselves burdened with huge amounts of unpaid debt. The banks are now trying to recoup as much of the debt in as short a time as possible - making them amenable to accepting a reduced lump sum payment, and helping you escape more quickly from your debt problems.

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

We will create a monthly payment plan that you can afford by negotiating between you and your creditors. Our 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 settlement is typically 25% to 50% of the amount owed.

All you have to do is pay the affordable monthly payment that you have agreed with us and we will take care of everything else.

If you already have a history of debt problems, missed payments or loan applications, then the chances are that your credit rating will already have been affected. When your creditors reach an agreement with us, they will have accepted a reduced payment and will want to prevent you from borrowing any more money. In order to do this they will issue a default notice letting other lenders know that you are making use of a debt settlement program.

We believe that the best way for our clients to achieve a better credit rating is to deal with their problems with debt as quickly and cheaply as they can. Once the debt has been repaid then you can start to rebuild your credit rating again.

Our aim is to save you at least half of what you owe. Sometimes it can be more, but this depends on your age, employment status and who you owe money to.

With a debt of £10,000 we would aim to get you debt-free for £5,000

With a debt of £40,000 we would aim to get you debt-free for £20,000

Fees are included in the payment plan - we earn our money by settling your debt, so no fee is taken until we've achieved this. We take an initial amount to set up the account but there are no extra costs after this.

For example:
If you are on a 36 month plan, the first two payments are used to set up the account. After this we won't take the fee until we have agreed a settlement that saves you money. If you owe £10,000 and we can settle for £4,000, we will take our fee from the figure passed on to the creditor - effectively meaning that they pay! We operate a no win, no fee service.