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      • Home
      • Services
        • Personal Loan Settlement
        • NBFCs
        • Litigation Services
        • Home Loan Settlement
        • Credit Card Loan Settlement
        • Vehicle Loan Settlement
        • Education Loan Settlement
      • About Us
      • Contact us
      • Loan Calculator
    • Call us: +91 9217463158
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    • Contact Us

    Credit Card Loan Settlement


    Talk to our Expert 

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    Why Consider Credit Card Loan Settlement?


    Pay Less Than You Owe

    Negotiate a reduced payment with your lender, paying less than the full outstanding balance. Settlements allow banks to recover part of the debt quickly, helping you clear dues at a lower cost while avoiding extra interest and penalties.


    Stop Harassment from Collection Agents

    Tired of constant calls, emails, or home visits from collection agencies? Settlement initiates legal protection, ensuring all communications go through proper channels, so you can regain peace of mind.


    Avoid Legal Action

    Prevent lawsuits or legal complications due to missed credit card payments. Settling your debt allows you to resolve obligations amicably, without facing court proceedings or extra financial burdens.


    Flexible Settlement Options

    Choose a one-time payment or a structured installment plan based on your financial capacity. We negotiate with lenders to design a plan that fits your budget, making repayment easier and stress-free.


    Become Debt-Free Faster

    Receive a No Dues Certificate (NOC) once your loan is settled, confirming your account is cleared. This helps you move forward confidently, free from outstanding debts, and begin rebuilding your financial future.

    How Credit Card Loan Settlement Works

    Documentation

    Always get a written confirmation from the lender stating the debt is fully settled.


    Assessment of Outstanding Debt

    Credit card issuer evaluates your total outstanding balance, including principal, interest, and fees.

    Negotiation with the Lender

    You or a financial advisor negotiate a lump-sum payment that is less than the total outstanding amount.

    Settlement Offer

    The lender may propose a settlement amount based on your financial situation and repayment ability.

    Agreement Terms

    Both parties agree on a final payment amount and deadline, with partial payments sometimes allowed over a few months.

    Payment Execution

    You pay the agreed settlement amount within the stipulated time.

    Closure of Account

    Upon receiving the settlement amount, the lender closes your account and reports it as 'settled' to credit burea

    Impact on Credit Score

    Settlement may negatively affect your credit score compared to full repayment, but it prevents further penalties and collection actions.

    Karz

    Relief 

    Pvt Ltd

    We are a team of passionate people We are committed to helping individuals regain financial stability through lawful and transparent means. Our mission is to solve your financial challenges with integrity, professionalism, and trusted legal expertise..

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