Student Debt Scams May End Via Free Debt Settlement App That Helps Protect Consumers In Default

New Student Debt Relief Technology Could Ease Distressing CFPB Findings and Help Safeguard Consumers Against Fraudulent Debt Settlement Activities
Unpaid student loans are affecting consumers in financial distress
Unpaid student loans are affecting consumers in financial distress
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Student Loans


Ft. Lauderdale - Florida - US

FT. LAUDERDALE, Fla. - Sept. 2, 2019 - PRLog -- Consumers in financial distress who are constantly being harassed by aggressive and predatory debt collections activities have found a Free debt resolution App and web-based debt settlement system to negotiate unpaid student debts, while at the same time putting an end to debt collection harassment 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 now be able to shield their own interests and establish smart digital debt negotiations that best suit their needs.

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 in economic distress should be able to stop harassing debt collection calls, negotiate debt settlement arrangements for most unpaid debts, and retake control of their financial lives.

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.

With the Free - based - version of the system and the affordable premium package, 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 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.

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.

The Settleitsoft Team is committed to helping consumers alleviate stressful collection activities and achieve financial stability. To learn more, visit

Rich Rudner
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Tags:Student Loans
Location:Ft. Lauderdale - Florida - United States
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Page Updated Last on: Sep 03, 2019
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