Credit Card Loan Settlement

Credit card loan settlement is an agreement between the debtor and credit card issuer firm. Both parties determine the terms and conditions of the loan settlement, which may include a lump sum payment less than the actual debt amount, or a monthly installment plan.

Credit Card Loan Settlement Company

Credit card loan settlement is not an easy task because the card issuer is not a single entity, and they charge high interest on that loan. For credit card debt settlement, you need to consult True Settle, a debt settlement company. Our experts analyse the situation and negotiate with the creditor for a lesser amount than the actual debt. 

  • Evaluate your financial situation Understand your current financial status to determine the scope of debt settlement possibilities.
  • Develop best suitable strategy Create a customized plan tailored to your financial needs to achieve effective debt resolution.
  • Negotiate terms with creditor Engage with creditors to secure favorable terms that align with your repayment capabilities.
  • Payment and closure Execute the settlement payments as per the agreement and officially close the debt.

Service Features

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Alert Configuration

Easily set up personalized alerts to monitor your account activity in real-time.

Notification Channels

Receive alerts via email, SMS, push notifications, or even phone calls, tailored to your preferences.

Custom Alert Rules

Create custom alert rules for unique scenarios, such as 'Notify account balance drops below $100.

Transaction Monitoring

We continuously scan your account for any unusual transactions, ensuring you're always in the know.

24/7 Availability

Our real-time alerts are active around the clock, so you're always connected to your finances.

Account Security Alerts

Stay secure with alerts for suspicious login attempts or any changes to your account settings.

DRAWBACKS OF TAKING A CREDIT CARD LOAN

Credit cards can cause overspending and high-interest debt. Late payments will lower your credit score. Short-term financial requirements handled with a card can lead to a debt cycle. Other expenses, including annual fees, can raise the total cost. Use credit cards responsibly, and pay off amounts completely every month.

HOW TO SETTLE YOUR CREDIT CARD LOAN SUCCESSFULLY?

Collect all the financial information and set a list of your obligations. With all this information, you can negotiate with the creditor to lower the settlement amount. It may take more than one try, so don’t lose hope; try until it comes into your favor.

Frequently Asked Questions

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The issuance of a settlement letter is solely at the discretion of the lenders; only they have the authority to provide such letters. Our role is to assist, and we do not possess the ability to issue settlement letters.

 

While we understand financial difficulties may arise, it is crucial to meet your financial obligations to the lenders whenever possible.

Yes, debt settlement is entirely legal in India.

 
 

Creditors will continue to accumulate interest and late fees on your account. However, during the settlement process, lenders may choose to waive the interest or late fees at their discretion.

 
Simply reach out to us through our website or contact our customer service. We will schedule an initial consultation to assess your situation and determine the best course of action for your financial freedom.
 

 

 
It is advisable to continue making your monthly EMIs to the lenders whenever possible. If you anticipate a missed payment, contact the lender and seek assistance from our team for potential solutions.
 
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Get Started

Take the First Step: Connect with TrueSettle Today

Step 1: Study your case

Meet with our financial advisor to go over your loans and EMIs, check your loan settlement eligibility, and start your journey to debt-free living.

Step 2: Enrollment Process

To proceed further, you must register for our services. It involves an agreement that defines the terms and conditions.

Step 3: Negotiation Process

To proceed further, you must register for our services. It involves an agreement that defines the terms and conditions.

Step 4: Financial Assessment

Our financial advisor will review your debt and income situation to ascertain your eligibility for a settled loan.

Step 5: Savings Initiative

Our experts will guide you to make a proper saving strategy so that you can become debt-free as soon as possible.

Step 5: Become Debt-Free

Come save money in your account with our Settlement Program. After settlement, you will get a letter and lead a debt-free life.