Collect more: settl.it is proven to collect more debt than standard collection methods.
Save More: settl.it reduces the overall cost of collecting debt.
Retain Customers: settl.it‘s avoidance of confrontation facilitates customer retention, where desired.
Maintain Reputation: Aggressive collection methods enable risk of reputation which settl.it avoids.
Innovative Approach: Adopting settl.it enhances your organization’s innovation profile.
Some Key Facts
5 to 10 x Response Rate
A settl.it settlement offer can generate 5 to 10 times the response of a standard collection letter.
70% Responders settle
Once logged on to the settl.it system over 70% of responders will settle.
14% Higher settlements
The typical settl.it settlement averages 14% higher than the minimum amount set by the creditor.
24/7 Always online
Online 24/7/365 with no restrictions on collection contact. 20% of our online settlements take place after working hours.
settl.it has proved particularly powerful for cost efficient collection of high volume low value consumer debt.
The discount granted in a settl.it settlement is almost always less than the cost of litigation and subsequent enforcement.