Collect more: settl.it is proven to collect more debt than standard collection methods.
Save More: settl.it reduces the overall cost of collecting debt.
Retain Customers: settl.it‘s avoidance of confrontation facilitates customer retention, where desired.
Maintain Reputation: Aggressive collection methods enable risk of reputation which settl.it avoids.
Innovative Approach: Adopting settl.it enhances your organization’s innovation profile.
Some Key Facts
5 to 10 x Response Rate
A settl.it settlement offer can generate 5 to 10 times the response of a standard collection letter.
70% Responders settle
Once logged on to the settl.it system over 70% of responders will settle.
14% Higher settlements
The typical settl.it settlement averages 14% higher than the minimum amount set by the creditor.
24/7 Always online
Online 24/7/365 with no restrictions on collection contact. 20% of our online settlements take place after working hours.
High volume
settl.it has proved particularly powerful for cost efficient collection of high volume low value consumer debt.
Less Cost
The discount granted in a settl.it settlement is almost always less than the cost of litigation and subsequent enforcement.