Debt Relief App is Helping Consumers Against Fraudulent Student Debt Scams

Now, consumers who are constantly being harassed by aggressive debt collectors have a FREE debt solution to negotiate unpaid debts, while at the same time putting an end to debt collection harassment, student debt scams and fraudulent debt recovery practices. The ground-breaking debt settlement App and web-based debt negotiation platform, SettleiTsoft^®, empowers users to protect themselves against predatory and deceptive debt collection practices. Available in English and Spanish, consumers may be able to shield their own interests and establish smart digital debt negotiations that best suit their financial needs.

Innovative Technology Could Ease Distressing CFPB Findings 

SettleiTsoft is responding to the alarming Consumer Financial Protection Report Findings (CFPB) with a fully automated debt settlement system to empower defaulting student loan debtors to combat dishonest and fast-growing student debt settlement scams.

The innovative digital tools of this powerful software platform encapsulate all aspects of the debt negotiation and debt settlement process; making it easy to digitally interact with debt collectors in a non-confrontational virtual environment. By using this affordable technology, consumers should be able to stop harassing debt collection calls, negotiate debt settlement arrangements for unpaid debts and retake control of their financial lives.

Consumers in Financial Distress Have Rights

Under the Fair Debt Collection Practices Act (P.L. 95-109), debtors have the right to request in what manner and when creditors shall contact them. Therefore, by utilizing the SettleiTsoft platform, debtors are establishing this electronic method of communications as their preferred manner of negotiation, which could then help stop debt collection calls from creditors and allow the unpaid debt obligation to be amicably resolved.

The Federal Trade Commission has recently filed several lawsuits against debt settlement and debt collection companies.  They are charged with engaging in predatory and fraudulent practices against hundreds of thousands of consumers by taking illegal fees and falsely claiming repayment of unpaid debts.

SettleiTsoft Helps Debtors Against Deceptive Debt Recovery Practices

The free debt relief App – SettleiTsoft – allows users to streamline the debt negotiation and debt settlement process; enabling the entire operation to be fully automated and accessible anywhere, anytime. Its secure virtual environment provides a new level of protection against fraudulent practices and 24/7 assistance to all consumers; essentially placing financial control back in the consumers’ hands.

By leveling up the debt recovery paradigm in the consumers’ favor, debtors may inform creditors of their intention to only communicate and negotiate debt settlement arrangements through the SettleiTsoft platform. Thereby, stopping debt collector harassment, student debt scams and protecting themselves against deceiving and fraudulent debt collection methods.

The free debt settlement tools provided by SettleiTsoft should help debtors to digitally interact with their creditors in a transparent debt settlement process through a secure electronic channel of communication. This intuitive software helps debtors in financial distress to stop harassing debt collection calls and retake control of their financial lives. The web-based and mobile-accessible software encapsulates all aspects of the debt negotiation and settlement process in a unique and affordable automated platform; making it easy to communicate, negotiate payment arrangements, and create settlement agreements for delinquent debts, such as unsecured credit cards, student loans, and medical bills, in a secure virtual environment.