Settle-My-Debt:
Write off Debts with Our Expertise

Consumers weren't the only ones to feel the strain during the credit crunch; lenders have taken a hit as well. During the past ten years the banks made huge profits by lending money without properly considering how much or to whom, meaning that much of the money is unpaid. The lenders are now doing all they can to retrieve as much of the money as quickly as possible. For this reason they are open to considering reduced lump sum repayments and, to some extent, write off credit card debt and other amounts owed to them.

Our staff are experts in debt settlement, a rapidly changing industry where it's vital to be up-to-date with the very latest developments. Because of our dedication, we are ideally equipped to negotiate on our customers' behalf. If you decide to use us we will deal with your creditors until the debt is repaid. Our large client list and excellent reputation mean that the lenders know us, trust us and are happy to deal with us.

Our debt settlement plans work by using part of your monthly payment to service your existing debt, while using the rest to create and grow a lump sum which we then use to negotiate a reduced settlement where the creditors will agree to partially write off debts. The typical final settlement is between 25% and 50% of the original amount owed.

All you have to do is pay the pre-agreed monthly payment and we will take care of the rest.

If you have a recent history of missed payments or loan applications, they will appear on your credit history and make it very likely that your debts will already have affected your rating. By using our services and taking up one of our debt settlement plans, your creditors will have accepted a reduced repayment. This means they will want to prevent you from borrowing more and will issue a default notice warning other lenders that you are currently making use of a debt management plan and that they have previously agreed to write off debts for you.

Our usual advice is that the best way for you to have a better credit rating is to get rid of your debt. We will help you write off credit card debt, making the process happen much more quickly. Once you've taken care of your debt, you can return to building your credit rating.

We are typically able to save our clients 50% of what they owe, sometimes more, depending on the age, employment status of the client and who the lenders are.

For a debt of £10,000 we can get you debt free for £5,000

For a debt of £40,000 we can get you debt free for £20,000

Our fees are included in the settlement plan - we earn our money by settling your debt, so no fee is taken until we manage that. We take an initial fee to set up your account but there are then no extra costs.

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

If you owe £10,000 and we can write off debts and settle for £4,000, then we will take our fee from the amount given to the creditor. In effect they pay - this is what makes us different to other companies. We deal in debt settlement. We operate a no win, no fee service.