If your debt has fallen behind, this is for you
Anyone can sign up — but Settle is built for one situation in particular: past-due unsecured debt. Credit cards, personal loans, medical bills. If you'd rather settle those for less than you owe than keep treading water — or hand a settlement company a cut to do it for you — you're who we built this for.
And Settle makes settling them yourself stupid easy.
The ideal Settle user
Settlement isn't right for every debt. It tends to be a strong fit when all of these are true:
Your debt is unsecured
Credit cards, store cards, personal or signature loans, medical bills, or accounts already with a collection agency. (Not mortgages, auto loans, or federal student loans — those don't settle this way.)
You've fallen behind
One or more accounts are late, charged off, sold to a debt buyer, or in collections. Creditors discount debt that's at risk — they almost never settle a current, on-time account.
You can't pay in full — but you can settle
Paying the whole balance isn't realistic, but you can pull together a lump sum, or a few months of payments, to clear an account for less than you owe.
You want an alternative
You're weighing this against endless minimum payments, a consolidation loan you may not qualify for, or bankruptcy — and you want to try settling first.
There's no minimum to use Settle, but settlement usually makes the most sense once you're carrying at least a few thousand dollars of past-due unsecured debt. The bigger and more delinquent the balance, the more there is to gain.
Settles well
- ✓ Credit cards and store cards
- ✓ Personal & signature loans
- ✓ Medical debt
- ✓ Accounts charged off or in collections
Out of scope
- — Secured debt (mortgages, auto loans)
- — Federal student loans
- — Current accounts a creditor won't settle
- — Anyone wanting a company to take over and decide for them
Why self-settle
If that's you, here's what you get
Settlement companies charge a premium to do the exact same thing you can do yourself. Doing it with Settle gives you more than just savings on fees.
Keep your money
Settlement companies typically charge 15–25% of your enrolled debt. Settle is free to do yourself, or a flat $19.95/month to automate — you keep the rest.
Privacy
You don't hand your full financial life — or your Social Security number — to a settlement company's sales floor just to get started.
No embarrassing phone calls
Handle it quietly, from your phone, on your own time — no explaining your situation out loud to a stranger working a quota.
Full control
No power of attorney, no agent acting for you. You authorize every request and make every accept, counter, or reject yourself.
Pay creditors directly
Funds go straight from your account to your creditor — in a lump sum or over time. Settle never holds, pools, or takes a cut of your money.
A record you own
Every request, offer, and payment is logged immutably — so if a creditor disputes what was agreed, you have the receipts.
Settle is a software tool, not a lender, debt collector, law firm, or tax advisor, and this isn't legal or financial advice. Settling a debt can have tax and credit consequences — consider talking to a professional about your situation.
How to get started
From sign-up to your first settlement request — here's the whole path.
Create your free account
Sign up in minutes. The manual toolkit is free — no card required to start.
Add your accounts
Add or import your unsecured debts. Settle shows each account's status and flags realistic settlement candidates.
Prepare & send a request
Generate a settlement request and send it yourself for free — or go full-service ($19.95/mo) and we'll submit it for you.
Decide & pay your way
Review any offer, accept/counter/reject, then pay your creditor from your own bank — in full or over time, yourself or automatically by ACH with full-service.
Ready to take it on yourself?
Get the tools. Keep the control. Settle is with you at every step — but every decision stays yours.
Get started