The evolution of FinTech has reached the next level of digital interaction between debtors and creditors in a debt settlement process; eliminating the cost of the “live middleman” and the accompanying harassing debt collection practices.

Consumers have been buying all sorts of products and services with a swipe, push, click or tap for some time; why not negotiate and settle debt the same way.

SettleiTsoft® is a notable example.  Now in Beta Release, this free debt negotiation software platform allows consumers and their creditors to communicate in a secure virtual environment.

Accessible via the Internet or Phone App, SettleiTsoft replaces the traditional methods of debt settlement with an interactive and transparent debt settlement process. Consumers who use the software have complete control of negotiations as to the terms of their debt settlements and creditor payment agreements.

In addition, the system has the capability of validating that the creditor is indeed authorized to collect the debt; thereby eliminating scammers who falsely claim the right to collect the consumer’s debt.

Shifting the Traditional Debt Settlement Industry

Debtors usually consider debt settlement company services as an alternative after speaking with a very skillful sales agent.  However, these salesman only objective is to make the debtors start sending funds to a dedicated savings account.  These companies target, over the phone,  those consumers who are in great financial distress or about to file for personal bankruptcy.

Many consumers end up seeking bankruptcy protection despite having gone through the process with a debt settlement company.  Debt settlement companies only negotiate credit card debt, leaving the consumer on their own with medical or tax debt.  Hence, consumers who have a diverse amount of debt do not get all that it was promised, often leading to bankruptcy.

Debt Negotiation Revolution Could End Biggest Consumer Complaint – Predatory Collection Practices

Software doesn’t threaten people!  When comprehensively designed and properly secured, it offers a safe place to go and settle your debt issues; provided it is also user friendly so the task at hand may be easily accomplished.

By utilizing SettleiTsoft, debtors are establishing this convenient and seamless electronic means of communication as their preferred negotiation method. Hence, this move should stop collection calls from creditors and allow the debt obligation to be amicably resolved.  The software is particularly easy to use with step-by- step instructions and topic-specific videos in every section. Therefore, consumers can quickly become their own super-efficient debt settlement agents and begin retaking control of their financial lives.

To learn more about this intuitive free debt settlement software platform visit www.settleitsoft.com