Settlement estimator
An indicative one-time settlement range for a credit card, personal loan, car loan or business loan, based on cases we have negotiated.
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Financial toolsDebt Relief & Financial Guidance Centre
Resources, strategies and guidance to help you manage debt and build a stronger financial future. Everything here is free, and none of it needs your phone number.
Use these first
Three things you can do without talking to anyone
You should be able to work out roughly where you stand before you give a company your number. These three tools are the reason this page exists.
Affordability check
How much of your take-home pay already goes to repayments, and what that number means to a lender looking at your file. It is on this page, below.
Run the checkThe whole price list
Every charge we can make, with the point at which it applies. Published rather than quoted on a call, so you can compare us with anyone else.
See what we charge
Tool 02
How much of your income is already spoken for?
Add up every monthly repayment you make — EMIs, credit card minimums, anything on instalments — and compare it with what actually reaches your account each month. Lenders run the same sum before they approve anything, and so do we before we take a case on.
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What lands in your account after tax and deductions.
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All EMIs plus the minimum due on every card. Rent and household bills do not go here.
Under 30%Comfortable
30 – 40%Manageable, with no room for a surprise
40 – 55%Stretched — lenders stop approving new credit
Over 55%Not sustainable
Of your income goes to debt
45%
Stretched
0%50%100%
Above forty per cent, most lenders stop approving new credit, and one missed month starts a chain reaction.
Check if we can helpA rule of thumb, not a credit decision. Lenders weigh your income stability, your credit history and your existing relationship with them alongside this ratio.
Know your rights
What a lender and its agents may not do
Being behind on a loan does not remove your rights. The Reserve Bank of India's fair-practices requirements bind the lender and everyone it outsources recovery to. These are the four points people most often do not know.
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Recovery calls have hours
Contact for recovery is restricted to reasonable hours — the RBI's directions to lenders put it between 8 a.m. and 7 p.m. Calls at midnight, or at five in the morning, are not something you have to accept.
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Your family and your employer are not the debtor
Agents may not humiliate you, threaten you, or take the matter to your relatives, neighbours or your workplace to create pressure. The obligation is yours alone, and it is a civil one.
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Every settlement must be in writing
A figure agreed on a call is worth nothing. Ask for the settlement letter on the lender's letterhead, with the account number and the deadline, and pay only against it — then collect the no-dues certificate.
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There is a complaint route above the lender
Each bank and NBFC has a grievance officer and a published escalation path, and above them sits the RBI Ombudsman scheme. A complaint costs nothing to file.
If recovery conduct has crossed these lines in your case, tell us at the assessment. Handling that communication is part of the work, not an extra service.
Guides
Longer reads
Written by our team for people deciding what to do next, rather than for search engines.
How to achieve financial freedom through debt consultancy
Achieving financial freedom is a goal many aspire to, yet the path can feel overwhelming when debt is involved. What a debt consultant actually does, what to check before you hire one, and the steps from a first assessment to a repayment plan you can hold to.
Read the articleStrategies for effective debt management solutions
Listing what you owe, building a budget that survives contact with a real month, and choosing between the snowball and avalanche methods of repayment — plus where consolidation, settlement and bankruptcy each fit, and what each one costs you.
Read the article
Plain English
The words that appear in the letters
Eight terms that turn up in lender correspondence and in conversations about settlement, without the jargon around them.
One-time settlement (OTS)
A written agreement in which the lender accepts a reduced lump sum in full and final settlement of the account, and closes it.
NPA — non-performing asset
How a lender classifies an account once it has been overdue for around ninety days. It is the point at which settlement normally becomes possible at all.
Settlement letter
The lender's own letter stating the reduced figure, the account it applies to and the date by which it must be paid. Nothing is settled without it.
No-dues certificate (NOC)
The document issued after payment confirming nothing further is owed. Keep it — it is what ends the matter years later if anyone asks.
Restructuring
Changing the terms rather than the amount: a longer tenure, a smaller monthly payment, sometimes a short relief period. Used when the account is still being serviced.
Credit report status
An account can be reported as “closed”, “settled” or “written off”. Settlement produces the middle one, and it stays visible on the report for years.
Secured and unsecured
Secured debt is backed by an asset the lender can take — a home, a vehicle. Unsecured debt is not, which is why lenders concede more on cards and personal loans.
Grievance redressal
The formal complaint route inside a bank or NBFC, ending at the RBI Ombudsman. It exists for recovery conduct as much as for service failures.
Used the tools and still not sure?
Seven short questions, under two minutes, and no phone number until the end. You get an answer on the spot — including a straight no when we are not the right people for your case.