Loan settlement is a process where a borrower and lender/financial institution agree on a mutually acceptable amount to close an outstanding loan, subject to the lender’s approval and applicable terms.

Settlease helps eligible customers understand their loan situation, prepare the required documentation, communicate through the appropriate process, and seek a settlement with the concerned lender. Settlement is subject to the lender’s decision.

Not necessarily. The amount payable depends on your individual case and the settlement terms offered or approved by the concerned lender.

Depending on eligibility, we may assist with certain unsecured loans, personal loans, credit cards, business loans, and other eligible debt cases. Each case is assessed individually.

The timeline varies depending on the lender, loan type, outstanding amount, documentation, and individual circumstances. We provide guidance throughout the process.

Yes. We may require documents such as loan statements, identity/address proof, payment records, and other relevant documents to understand and process your case.

Our professional/service charges depend on your case and the services required. All applicable charges should be explained to you before you proceed.

We can provide guidance regarding credit-profile rebuilding after settlement. However, no company can guarantee a specific CIBIL score or a guaranteed timeline for improvement.  

If the lender approves a settlement, the applicable settlement terms should be documented by the lender. Customers should make payments only according to verified and documented settlement instructions.

No. Settlease is a loan-settlement assistance/service company. We do not represent ourselves as the lender unless specifically stated.

Loan settlement can be a legitimate arrangement between a borrower and lender when carried out according to applicable laws, regulations, contractual terms, and the lender’s approved process.

You can discuss all your outstanding loans with our team. Each account will be assessed separately to determine the appropriate course of action.

You can contact the Settlease team through our official website, phone, email, or other verified communication channels for an assessment of your case.