At Settl.it we’ve discovered that when creditors have long outstanding or disputed debts, they will often accept an offer to settle the debt at a discounted value.
With Settl.it you offer the business that you owe money to the opportunity to negotiate a reduced settlement with you – online – in return for making an immediate payment.
Settl.it is proven to help businesses settle their debts at a discount and with no fuss or conflict.
Ignoring the situation could be potentially disastrous to your business, costing £000s in fees, interest and damage to your credit score and reputation.
An unsettled debt of £3,000 could cost you as much as
£4,589*
A successful offer on settl.it of £2,400 will save you
£2,189
Plus it costs you nothing at all as settl.it is completely free for companies offering to settle their debt.
An unsettled debt of £20,000 could cost you as much as
£24,669*
A successful offer on settl.it of £16,000 will save you
£8,669
Plus it costs you nothing at all as settl.it is completely free for companies offering to settle their debt.
* after estimated costs of litigation, and your own time costs
Enter Details
1. You provide a few details below
We just need a few details about you and the other party so that we can invite them to settle with you.
Invite to Settle
2. We invite the other party to settle with you
settl.it contacts the other party suggesting that they settle with you using our secure, independent online service.
Negotiate
3. Negotiate
If the other party accepts, you will receive an invitation to settle by email.
You have 3 chances to bid online and meet or exceed the minimum amount that the other party has set in advance.
Make Payment
4. If your bid is successful, make payment
If the minimum amount is reached settl.it allows you to make a secure online payment to complete the settlement. This money is transferred by settl.it to the other party’s bank account.
That’s it!
settl.it is totally free of charge to you and under our Terms and conditions the agreed settlement is binding on both parties