Debt2NoDebt Transforms the Financial Future of Shikha & Harshil
Client Profile
Names: Shikha & Harshil | Age: Early 40s | Location: Delhi
Total Debt: ₹9,50,000
- Credit Cards & App Loans: Multiple high-interest debts
- Debt Settled At: ₹2,85,000 (70% reduction)
Background
Shikha and Harshil, a middle-class couple residing in Delhi, found themselves burdened by mounting debt arising from unforeseen medical expenses and a succession of app-based loans. The high interest rates on their credit cards further exacerbated their financial difficulties, leading them into a relentless cycle of borrowing to repay existing obligations. Despite their consistent efforts to make timely payments, they were subjected to persistent harassment by recovery agents, escalating EMIs and severe emotional distress. Their financial stability was rapidly deteriorating—along with their peace of mind.
Debt2NoDebt’s Intervention
1. Detailed Financial Assessment
- Thorough review of income, liabilities and existing EMIs.
- Identified unsustainable interest burdens and repayment gaps.
2. Strategic Negotiation & Settlement
- Negotiated directly with lenders and app-based creditors.
- Successfully reduced total debt from ₹9.5 lakh to ₹2.85 lakh.
3.Consolidation & EMI Optimization
- Consolidated multiple loans into a single manageable EMI.
- Monthly outflow brought down from ₹25,000 to ₹20,000.
4.Education & Ongoing Support
- Provided guidance on budgeting, credit discipline and savings.
- Continued support to monitor and adjust the financial plan.
Results
✅ ₹6.65L Debt Waiver Achieved
✅ Harassment Stopped
✅ Credit Score Recovery in Progress
✅ Confident, Informed Money Management
Client Testimonial
“Working with Debt2NoDebt was a game-changer. They didn’t just clear our debts—they gave us tools and knowledge to stay debt-free. We finally feel in control of our future.”
— Shikha & Harshil
Debt2NoDebt’s Strategic Debt Settlement
Client Profile
Name: Nishith | Age: 27 | Occupation: Retail Shop Owner | Location: Bangalore
Total Debt: ₹9,00,000
- Credit Card: ₹5,00,000
- Personal Loans: ₹4,00,000
Background
Nishith, a young retail entrepreneur in Bangalore, found himself overwhelmed by mounting debt due to business slowdowns and unexpected medical expenses. He had accumulated ₹9 lakhs in unsecured debt across credit cards and personal loans, with high interest rates compounding the problem. Constant calls, threats and visits from recovery agents of Banks—caused severe mental strain. His work life was disrupted, confidence shattered and emotional health began deteriorating rapidly under the pressure.
Debt2NoDebt’s Intervention
1. Financial & Emotional Assessment
- Conducted a complete review of income, expenses and debt profile.
- Provided access to mental health support to manage anxiety and stress.
2. Negotiation with Bank
- Crafted a hardship-based settlement proposal.
- Successfully negotiated a 75% debt reduction, settling ₹9,00,000 for ₹2,25,000.
3. Harassment Stopped & Legal Protections Ensured
- Immediate halt of recovery calls and field visits.
- Legally binding settlement documented and enforced.
4. Financial Education & Long-Term Planning
- Budgeting, credit rebuilding and emergency fund training.
- Regular follow-up sessions for ongoing financial support.
Results
✅ Debt Reduced by 75%
✅ Harassment Stopped Immediately
✅ Mental Health Stabilized
✅ Financial Control Regained
Client Testimonial
“Before I approached Debt2NoDebt, I was completely overwhelmed. The debt kept piling up, the interest rates were unbearable and the constant harassment from recovery agents—especially from Banks—was affecting my mental health and my business. I felt like I was drowning with no way out.”
“From the very first conversation, the team at Debt2NoDebt treated me with respect and empathy. They didn’t just look at my debt—they looked at my entire situation including the stress I was under. They connected me with professionals who helped me stay calm and their legal and negotiation team worked wonders. I couldn’t believe when they got my ₹9 lakh debt down to ₹2.25 lakh.”
“Today, I’m debt-free, my business is back on track and more importantly, I have peace of mind. I’m grateful beyond words to Debt2NoDebt—not just for solving my financial crisis but for giving me a fresh start in life.”
– Nishith, Bangalore