Debt negotiation and settlement works best with unsecured debts (e.g. incurred through use of credit cards, personal loans, business or consumer loans). During debt negotiation or settlement to negotiate with the credit card or other loan companies, for reducing the total amount that you owe. These include reduction or waive off the interest accrued, late payment charges, over limit charges and other finance charges. Based on your situation and circumstances Credit Boosters consider negotiating on the principal amount owed by you. Debt negotiation and settlement is an assertive approach to debt relief. The advantage of which is that you will be paying a considerably lower amount and get away from being defaulter. If it seems unlikely that creditors would agree to a payment less than what they are owed, in reality it makes a lot of sense. Reason is if a creditor turns down a proposed settlement and the borrower situation worsens or goes skip and the creditor would receive no payment at all. Hence the process works out for everyone concerned: You pay less, and your creditors receive more than they would if you declare yourself bankrupt or skip.
Settling your debts yourself may prove very difficult, as banks would rather try to pressurize you for the full payment, as long as they know are dealing with you alone. When you deal thru Credit Boosters, Creditors realize that you have a professional help, will usually agree for settlements. Moreover, if you opt for our debt negotiation and settlement program, your creditors will see the severity of your financial situation and recognize that they run the genuine risk of collecting nothing from you. They do have another incentive to settle: At the end of that financial year, they can write off the uncollected amount towards company losses.
to get on the road to freedom from debt, your journey begins when you call us or walk in at Credit Boosters the debt management experts. The process is simple
Request a Free Quote from creditboosters by filling in the form, or call us at +91 98430-30299 for a consultation. Our Debt Management Specialist will conduct a one-on-one meeting with you. She/he will take details of your specific problem, which will be held in strictest confidence. She/he will also help you to collect the information and documentation we need in order to assist you.
after assessing your situation and circumstances, our Debt Management Specialist will arrive at a Debt Management Program (DMP) that is tailored to suit your needs. When you accept and enroll yourself with us, all necessary paperwork would be accomplished to kick start your DMP.
The Credit Boosters Review Panel comprising financial, psychiatric and legal professionals will review the inputs given by you, evaluating them and arriving at a viable solution. Our Debt Management Specialist will then talk (take? ) you through the steps you must take, your payment options, and how long it will take to be finally free of debt. On completion of this process, you will be given a comprehensive analysis of your financials, with details of all available options.
On your agreement to a specific course of action or plan, we will negotiate with and get acceptance letters from your creditors. Now, a Process Specialist from our team will be appointed as a single point of contact for you. She/he will assist until you clear all your debts that are registered with us, and get No Dues Certificates from your creditors. Our Process Specialists are well trained to handle situations that may arise with your creditors (after your enrolment) and they will be accessible via phone during standard working hours for your queries. Until you are debt-free we will work with you, and even beyond since our service is designed to help you GET OUT AND STAY OUT OF DEBT!