Debt Settlement Loans

Debt settlement is an agreement between you and your lender where you pay back part of what you owe, and the rest is forgiven. It can be a practical option if you're overwhelmed by debt and want to avoid bankruptcy. To settle your debt this way, you’ll usually need a lump sum of cash, and that’s where Loan Ridge can help.

We make the loan process simple and fast. Start by filling out our online application - it takes just a few minutes. If approved, you can review and sign your agreement digitally, and the funds are sent directly to your bank account. It’s a straightforward way to take a big step toward clearing your debt and moving forward!

How You Can Benefit From a Debt Settlement Loan.

If your debt keeps growing and you’re unable to make progress on paying it down, a debt settlement might be the best choice for you. It’s a way to reduce the total amount you owe by negotiating with your lender, sometimes by as much as 20% to 80%. This can give you a chance to breathe, reset, and begin rebuilding your financial footing.

At Loan Ridge, we offer loans specifically designed to help you cover the lump sum often needed for a debt settlement. With our support, you can get the money you need to settle your debt and take the first real step toward financial relief.

Debt is paid off faster – More money will go towards paying off your debt instead of paying off interest, which means you’ll pay off your debt faster.
Manageable payments – Loan Ridge allows you to make easy payments for up to 12 months.
Better debt management – When you know how much is owed, it is easier to manage your debt.

Why Get a Debt Settlement Loan?

Whatever your current situation, if it has become difficult for you to repay your debt, Loan Ridge is here for you. A debt settlement loan might just be the right option to finally free yourself from debt. Anyone over the age of 18 can apply for our instant, unsecured loans. Even if you’ve been denied a loan from other lenders, such as a banking institution, or aren’t in the best credit standing, our team can help.

While certain conditions must be met in order to qualify, our approval process is one of the shortest out there. As long as you’re not currently in a consumer proposal or going through bankruptcy, you’re welcome to apply. We’ve made the process simple and straightforward to make it easier for you to get the help you need!

Consider getting a debt settlement loan if you want to:

Consolidate all your loans into one, easy-to-manage debt settlement loan
Consolidate your credit card debt
Lower interest rates
Improve your credit score

why you should get a debt settlement loan

Apply for a Loan Today

If you're looking for a quick and secure business loan, then Loan Ridge is the right choice for you. Apply for your business loan in just 3 easy steps.

Apply Online

Complete your application in a few minutes. When you're approved, we'll send you an email notification.

Sign Your Contract

Provide your digital signature with just one click of the mouse and send it back to us.

Get Your Money Deposited Into Your Account

Get Your Funds

When we receive your signed contract, our system will process the funds and deposit the money into your account.

Why Choose Us?

85% of Applications are Approved

We're proud to be helping consumers achieve their financial freedom through our simple debt settlement loans.

Get Money Deposited into Your Account

With our easy application and approval process, the funds will be deposited automatically into your bank account.

Improve Your Credit

A debt settlement loan can help you stay on top of your finances and help improve your credit score.

Our Loans Services

Our mission is to help consumers achieve financial stability through stable debt settlement loans.

Unsecured Loans

Get an unsecured loan of up to $2000 in just a few hours. Get approved in minutes.

Bad Credit Loans

Free yourself from bad credit once and for all. Apply for a bad credit loan today!

Cash Loans

Need cash fast? No problem. Simply fill out your easy online application and get a cash loan.

Express Loans

Express loans that will help you achieve your goals!

Personal Loans

Personal loans when you need them most. Apply in just a few clicks.

No Credit Loans

Don't have credit because you're new to Canada? Apply today for a no credit loan.

Customer Reviews

What our clients say.

Ranbir

As newcomers, we needed a loan to get settled. We took out a quick personal loan from Loan Ridge, which helped a lot.

Alex

I needed a personal loan to cover some of my expenses, including a new car. The application process is very easy and quick.

Amanda

Thanks to Loan Ridge, I was able to consolidate all my debt into one monthly payment which helped me stay on top of my finances.

Rose

I got a $2000 loan to fix my house. Applying was extremely easy and I was approved almost instantly. Thanks, Loan Ridge.

ABOUT US

Contact Us.

Gain control over your debt. Apply for a debt settlement loan today!

The use of loan services should be used for short-term financial needs only and not as a long-term financial solution. Customers with credit difficulties should seek credit counseling before entering into any loan transaction.
Subject to credit approval and verification. Actual approved loan amount and terms are dependent on standard underwriting guidelines and credit policies. Funds are typically deposited for delivery for the next business day. Availability of the funds is dependent on how quickly your bank processes the transaction.
Loan Ridge may use credit report information provided as part of the application process to determine your creditworthiness. Neither credit inquiry will appear as a hard credit inquiry on your credit report and therefore they will not affect your FICO score.
Loan Ridge reports customer payment history to the three major credit bureaus. On-time payments may improve credit score.
USA PATRIOT ACT NOTICE: IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.