Trusted Loan Settlement Company in India – Your Partner in Financial Recovery | Loanstatement

Are you struggling with increasing loan EMIs, credit card payments, or personal loans? You're not alone. Due to the escalating cost of living and unforeseen life situations, numerous people in India are facing extreme financial strain. This is where a Loan Settlement Company like Loanstatement comes to your relief. We assist you in taking charge of your financial life with lawful, ethical, and tactful loan settlement solutions in India.

What is Loan Settlement?
Loan settlement is a financial option provided to those who cannot pay their pending loans because of actual financial difficulties. It is the process of negotiating with lenders to take a lesser amount (a one-time settlement) as final and complete payment in lieu of the entire pending loan.

This is not a loan waiver, but an agreement between the borrower and the lender. The lower amount is paid in lump sum. After making the payment, the lender would agree to settle the loan account, rescuing the borrower from legal prosecution or being stuck in a long debt trap.



Effect of Loan Settlement on Credit Score
Keep in mind that settling a loan has an impact on your credit score. Lenders usually report a settlement to credit bureaus such as CIBIL or Experian as a status of "settled" or "written-off" that can decrease your score by 75 to 150 points or more.

But this is still preferable to defaulting on the loan completely or receiving legal notices. Further, we assist you with credit rebuilding techniques after settlement, so you can begin anew.

Why Loanstatement is Your Best Loan Settlement Agency in India
With so many agencies promising loan settlement services, it is important to make the right choice. Loanstatement is different due to:

Transparency: No secret charges. No misleading claims. We stand by ethical debt settlement solutions.

Client-Centric Approach: Each case is unique. We tailor solutions that fit your financial situation.

High Success Rate: We have settled thousands of cases in India with top banks such as HDFC, ICICI, SBI, Axis, and many more.

Data Confidentiality: Your financial information and personal details are secure and confidential with us.

Types of Loan Settlement Services We Provide
Credit Card Loan Settlement

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