Swiping your card felt easy. Paying it back? Not so much.
If credit card debt has you feeling trapped, you're not alone — and you're not powerless.
At CredSettle, we help individuals like you legally settle credit card dues with banks like HDFC, SBI, ICICI, Axis, and others — without harassment or shady shortcuts.
🚩 The Problem with Unpaid Credit Card Bills
India has over 8 crore credit card users, and a large number default on payments due to:
- 🔁 Minimum payment traps
- 📈 High-interest rates (up to 42% annually)
- 😞 Job loss or medical emergencies
- 💸 Over-leveraging and impulse spending
What follows is a spiral of:
- Recovery agent harassment
- Legal notices from banks
- Credit score crashes
- Mental health breakdowns
But with expert help, you can close this chapter.
🛑 What Is Credit Card Settlement?
Credit card settlement is a process where you pay a reduced amount to the bank as a final settlement of your total dues.
For example, if your outstanding is ₹2,50,000, the bank may accept ₹1,30,000 as “full and final settlement”, depending on your situation.
We make this happen by:
✔️ Legally negotiating on your behalf
✔️ Stopping harassment through official channels
✔️ Getting a written NOC from the bank after closure
🏦 Banks We Help Settle Credit Card Debt With
Bank NameCredit Card Settlement Supported?NotesHDFC Bank✅ YesCommon for 6+ month defaultsSBI Cards✅ YesLegal team-driven recoveryICICI Bank✅ YesSettlement letter requiredAxis Bank✅ YesCredit card + loan combosKotak Mahindra✅ YesPersonalized offers possible
⚖️ Why Work With a Credit Card Settlement Agency?
Many people try to negotiate with banks alone — and fail.
Here’s why CredSettle, a top-rated credit card settlement agency in India, gets better results:
✅ Legal credibility — We’re not a random call center.
✅ Negotiation expertise — We understand bank terms, waiver clauses, and internal processes.
✅ No emotional stress — We shield you from harassment and follow legal protocol.
📉 Case Study: From ₹3.5 Lakhs to ₹1.6 Lakhs
🔹 Client: Working professional in Delhi
🔹 Issue: ICICI Bank credit card dues spiraled after job loss
🔹 Action: CredSettle reviewed the statements, approached the nodal officer, and submitted a hardship letter
🔹 Outcome: ₹3.5L settled at ₹1.6L — case closed with written NOC
This is not an exception — it’s what happens when you take the right help at the right time.
🔄 How the Process Works
- Consultation – We understand your situation and dues
- Document Review – You share card statements, bank notices
- Negotiation – We speak to the bank legally and ethically
- Settlement Offer – We get a written offer from the bank
- Closure – You pay and receive a full NOC to avoid future trouble
🔐 Is This Legal?
Absolutely.
Debt settlement is recognized by RBI and banks as a non-litigation resolution method — especially in hardship cases. Banks prefer recovery through partial payments rather than costly lawsuits.
We follow legal steps, not backdoor tricks.
🧠 Common Mistakes to Avoid
🚫 Ignoring bank calls — it worsens your case
🚫 Paying recovery agents without proof or receipts
🚫 Not getting a written settlement letter from the bank
🚫 Using apps or frauds promising 100% debt waiver
📲 Ready for Relief?
Your past financial mistakes shouldn't define your future.
Let CredSettle help you breathe again with a custom debt resolution plan.
👉 Visit: www.credsettle.com
📞 Book Your Free Consultation Today
