Settlement Loans

Bayport Offers Affordable Debt Settlement Loans

Debt settlement loans are very useful for consolidating all your separate debts.  Individual monthly debts may not all be payable at the same time, nor do they carry the same interest rates.  Collectively, these debts may become a headache to manage and honour.  Bayport Financial Services offer debt settlement loans to its clients so they can consolidate all their debts into one, more affordable and more manageable loan.  One, larger loan always attracts less interest than several smaller ones, so you stand to save quite a bit of money.

Approximately one-fifth of Bayport clients live far away from cities in the countryside.  These people may be hundreds of kilometres away from the nearest Bayport branch.  That is why we have mobile units, fully equipped with laptops, power generators and printers, allowing them to operate “off the grid”.  We visit these people and bring Bayport’s products to their doorstep, wherever they are. 

Similarly, many of Bayport’s clients are “unbanked” and unable to secure traditional credit from commercial banks.  Bayport can extend their unsecured credit service to these people by dint of its unique collection system.  Thanks to the partnerships that we forge with our clients’ employees and trade unions, these selfsame institutions also act as our collection arm, deducting monies owed to Bayport from employees’ wages and sending the consolidated payments to Bayport.  This helps Bayport to keep uncollectible debt very low and credit quality very high.  It also ensures Bayport’s survival and the continued availability of these financial services to our clients.

Contact Bayport Financial Services today for debt settlement loans and other outstanding financial products.