Negotiation and settlement works best with unsecured debts (e.g. incurred through use of credit cards, personal loans, business or consumer loans).
During negotiation or settlement Credittechno intervenes 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 "Credittechno" considers negotiating on the principal amount owed by you.
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 Credittechno, Creditors realize that you have a professional help, will usually agree for settlements.
Moreover, if you opt for our 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.
" I would like to thank Team CREDITTECHNO for educating me about CIBIL report, I am in 735+ club from 500+ score just 3-4 months back, I am sure soon I would be reaching 800+ in a couple of months "RAJESH KUMAR
"Thank you so much for all your help on our debt problems. CREDITTECHNO have made me believe that we can get out of this problem in a very short time and be able to save a lot of money as well."SHARMILA
"At time i was completely stuck because of unaware of CIBIL issue, while credittechno helped me to resolve my problem in such a manner, many thanks to Credittechno for helping me out of my debt burden..!"AMARNATH
" CREDITTECHNO is the most reliable and authentic organisation .They take care of your credit history along with regular follow-ups in time.So far I have received good and immediate response "ROHIT DIXIT