Frequently Asked Questions

No. We do not provide any loans. We only help people who are unable to pay their personal loan and credit card EMIs.

Yes, we stop illegal recovery agent harassment and make sure they follow proper RBI guidelines for recovery.

All communication and case details are kept 100% confidential.

Our Anti-Harassment Service protects you from threatening or repeated calls by recovery agents. We provide a unique call forwarding number that redirects such calls to our experts.

Yes, our panel of experts offers proper legal advice and guidance to protect you from illegal recovery agent harassment and debt recovery as well as negotiations with the lenders.

We specialize in settling unsecured debts including credit card dues, personal loans, business loans, education loans, vehicle loans, and loans from digital lending apps and NBFCs. We do not handle secured loans like home loans.

Once you enroll with us, we inform the lenders and collection agencies that we are representing you. All future communication must go through us, which typically reduces harassment calls within 3-5 days of enrollment.

Yes, we specialize in handling multiple debts. We consolidate and prioritize your debts for systematic settlement and closure, negotiating with each lender separately to achieve the best overall outcome.

The timeline varies based on your specific situation and the lenders involved. Typically, the entire process takes between 2-8 weeks from enrollment to final settlement. Our team works diligently to expedite the process while ensuring the best possible outcome.

After enrollment, we assign a dedicated case manager who will: 1) Conduct a detailed assessment of your financial situation, 2) Immediately intervene to stop harassment, 3) Initiate negotiations with your lenders, 4) Keep you updated throughout the process, and 5) Ensure complete settlement and documentation.

Yes, once you enroll, we handle all communication with your lenders. This protects you from harassment and ensures professional negotiation for the best possible settlement terms.

You will need to provide loan statements, outstanding balance details, lender contact information, income proof, and identification documents. Our case manager will guide you through the exact requirements during the consultation.

If your loan is already in default, your credit score is likely already impacted. A settlement may show as "settled" rather than "paid in full," but it is better than an ongoing default. We help you understand the credit implications and work towards rebuilding your credit score after settlement.

On average, our clients achieve a debt reduction of 50-70% of the outstanding principal amount. The exact savings depend on various factors including your debt amount, lender policies, and your current financial situation.

Yes, we specialize in helping individuals facing financial hardship due to job loss, income reduction, medical emergencies, or business losses. We negotiate with lenders for reduced settlements or payment plans based on your new income situation.

With our experience and expertise, we have a 95% success rate in negotiations. In rare cases where settlement is not possible, we explore alternative options including restructuring, legal mediation, or payment plans.

Yes, our legal team specializes in handling legal notices and preventing escalation through proper settlement channels. The earlier you reach out, the more options we can explore, but we can help even if legal action has been initiated.

Absolutely. We operate within the legal framework set by RBI guidelines and ensure all settlements are transparent and documented. Your financial information is kept strictly confidential and handled with utmost security.

Loan Settlement was founded by IIT-IIM alumni with extensive experience in finance, law, and technology. Our multidisciplinary team includes financial experts, legal advisors, and counselors dedicated to helping you resolve debt issues.

We have successfully helped over 35,000+ clients across India, resolving more than ₹1500 crores in debt. Our 95% success rate and thousands of positive testimonials speak to our commitment and expertise.

Unlike others, we offer holistic support including legal, financial, and emotional counseling. Our IIT-IIM alumni leadership, transparent processes, dedicated case managers, and proven 95% success rate set us apart. We treat every client with dignity and respect.

Getting started is simple: 1) Fill out our contact form or call us, 2) Schedule a free consultation with our expert, 3) Get a personalized assessment of your situation, 4) Enroll in our program if you choose to proceed. There is no obligation during the consultation.