Settlement
Personal Loan Settlement Amounts
40-60% with original lenders; 30-50% with debt buyers. Know your target.
Read GuidePersonal Loan Debt
Personal loans are unsecured - no collateral to repossess. That makes them negotiable, though original lenders typically require 40-60% before they'll settle.
Key Guides
Strategy
Settlement vs. Consolidation vs. Bankruptcy
Compare all your options before committing to a strategy.
Read GuideIgnore
What Happens If You Ignore It
Personal loan lenders do sue. Know the risks before ignoring.
Read GuideTools and Letters
Calculator
Settlement Calculator
Estimate your settlement target for personal loan debt.
Use CalculatorLetter
Settlement Offer Letter
Put your offer in writing and get confirmation before paying.
Get TemplateLetter
Hardship Letter Template
Request a payment plan or settlement based on documented hardship.
Get Template