By SoftSettle Support
Repaying a loan and keeping up with the EMI can be quite an uphill task. This may bring worries and all ways tends to be anxious about the tomorrow’s consequences. But it is a guaranteed fact that the default of loan is not end of everything.
You have reasons to believe that your worries could haunt you. But SoftSettle Support can safeguard the interests of the loan defaulters.
Once you file a case in the case management segment of portal www.softsettle.com or mobile app. under the banner of Soft Settle or SoftSettle Support the defaulter may get an opportunity to interact virtually with their creditors say bank. This interaction would bring down the fuming stance adopted by the creditor or bank. This will provide the defaulter a positive chance to negotiate with Creditors through which banks can restructure the loan. The period of loan can be rescheduled and EMI can be reshuffled.
Owning a house or a car is a dream come true for many because of the easy availability of loans. In the last few years with an increase in the standard of living particularly in the metros, the once conservative and loan-averse investor is now willing to take on loan commitments to satisfy even leisure requirements. However, if you find that you are in a situation where you will not be able to meet your loan obligations, what do you do?
That is why a defaulter is facilitated with virtual interaction with the creditor and creditor can perceive how genuine the defaulter’s intent and case is, the creditor may look for various feasible solutions subject to the participation in the e-Resolution process powered by Soft Settle through which a creditor can benefit of the agreement generated as a result of e-Resolution and the defaulter could be able to retain his asset and safeguard his/her CIBIL rating.
With the Soft Settle decides over the rescheduling of the time and reshuffling of the EMI, the defaulter should consider the immediate relief it can bring to their current situation. Again when a defaulter gets confronted with better time he/she can try negotiating with the Bank for settling their payment against loan by higher EMI or prepayment.
Hence escaping from the problem is cowardice. It is the right time to ponder over options and do not undergo emotional stress which could end up losing your asset. Soft Settle is there to support you so far you are intent to pay off the loan that should be evident to the creditor.
The other thing Bank would enjoy as Soft Settle provides the platform for resolution, where debtor would be alerted in each intervals during the period of repayments like early intervention, middle level intervention and final intervention. Hence there is no opening for the debtor to go for frequent defaults and the debtor will be saved from being subjected to the harassment and pressurization of the Recovery agents authorized by the Banks and above all from getting clasped in between the sharp claws of CIBIL.
Soft Settle offers the parties to the dispute a win-win proposition.
As such you can believe, Soft Settle is your friend. A friend in need is a friend indeed.