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Now, debtors in financial distress can stop predatory collection practices by inviting their creditors to negotiate through SettleiTsoft as their preferred method of communication.
FORT LAUDERDALE, FL, April 15, 2017,/24-7PressRelease/ -- Settleitsoft, Inc. has announced that its Patent Pending debt negotiation software SettleiTsoft has been released in Spanish for testing. This intuitive software platform has been systematically designed to help protect consumers from predatory debt collection practices, such as harassing phone calls and other unfair collection activities.
During three months of successful user testing of the Minimum Viable Product (MVP), we continuously updated the platform while simultaneously obtaining essential feedback from our subscribers. Currently, the SettleiTsoft Team is preparing for a limited Beta Release, which includes the Phone Application in Android," said Martha Henry, company CTO.
The Consumer Financial Protection Bureau (CFPB) recently reported that one in four consumers in financial crisis feel threatened by debt collectors every day - even at work.
SettleiTsoft allows debtors to electronically propose negotiation dollar amounts and repayment terms to their creditors; thus reducing payments for an outstanding debt and ultimately reaching debt settlement agreements. Now available, for testing, in the second most commonly spoken language in the U.S, the system conveniently enables debtors to take the best advantage of the software in their language of choice.
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. By inviting creditors to negotiate through SettleiTsoft, debtors are identifying this method of electronic communication as their preferred manner of debt negotiation; which should then stop predatory collection practices from the debt collectors.
The platform also provides myriad debt relief alternatives to those consumers who simply want to control and better manage their personal finances.
Consumers who enroll in SettleiTsoft will be able to utilize all the power, tools, and convenience of the Professional version for free. After the trial ends, consumers will have the option of using a limited base version of the software for free or continuing to use the enhanced Professional version for a nominal fee. To learn more, visit www.settleitsoft.com.
The Settleitsoft Team is committed to the ongoing improvement of this powerful debt negotiation platform, helping consumers alleviate stressful collection activities and achieve financial stability.
The SettleiTsoft registered name and logo, as well as other company and product names, are trademarks of Settleitsoft, Inc. and/or related companies.
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