Unlock Financial Freedom with CreditUp.
Empowering individuals and businesses with expert debt solutions, legal support, and tailored financial strategies for a brighter financial future.
cr+
worth of debt settled
+
clients helped
yr+
of experience in debt solutions
%+
of success rate
About Us
We are a team of seasoned banking professionals, chartered accountants, and insolvency experts, boasting a collective experience of 100 years. Our track record includes successfully resolving accounts exceeding 20,000 Crore. With specialized skills in OTS negotiation, legal matters, pending OTS cases, and revival strategies and debt funding. Our team has become proficient in navigating complex financial scenarios. We are proud pioneers in utilizing the Mediation Channel for debt resolution, creating mutually beneficial outcomes for both lenders and borrowers. We extend our services to individuals and business owners through our innovative Debt Hospital.Our People
Vikas Singh
Founder
Mr. Vikas Singh, a seasoned professional with a rich background in both banking and law. With notable experience at Standard Chartered Bank, Citi Bank, and Reliance Finance from 2005 to 2011, Mr. Singh adeptly handled sales, recovery, and legal aspects in the mortgage department, particularly excelling in corporate restructuring.
Vikas Singh
Founder
Since 2011, Mr. Singh has transitioned into practicing law, leveraging his extensive banking experience to handle portfolios exceeding 7500 crores. His versatile skill set, strategic acumen, and unwavering commitment to excellence make him a valuable addition to any team or endeavor.AnujKuthialla
Co Founder
A Retail Banking professional, with 20 years of experience in areas like Asset Reconstruction and Retail Assets. Among Retail Assets Anuj, has experience in Priority Sector Assets like Commercial Vehicles, Agriculture Vehicle Finance, LCVs etc., and had consistently high performance track record.
AnujKuthialla
Co Founder
Key Expertise areas include acquisitions of distress assets and turnaround of companies. Sectors he has dealt with are Hospitality, Textile, Education, Real Estate, Food, Oil, Steel, Ceramics, Infrastructure and so on. In Commercial Banking, he has hands on experience in Commercial Vehicles, where he has managed All India operations for LCV’s, with Kotak Bank.Ajit Kumar
Members of Advisory Board
Ajit is a senior professional in the Banking and Financial Services industry in India. He has over three decades of experience in the retail and commercial finance business, with functional expertise in Marketing and Sales, Credit and Recoveries. His areas of specialization includes:
Ajit Kumar
Members of Advisory Board
• Leadership and mentoring • Business strategy • Credit risk management • Distribution management • Human Resources Management and • Receivables management Ajit has been involved primarily in setting up new businesses from scratch, right from identifying opportunities, building strategy, creating business plans, identifying resources and execution.AnoopGairola
Members of Advisory Board
Anoop has been a Senior Banking & Financial Services Professional with nearly two decades of diversified exposure.This includes Commercial Business Banking, Infrastructure Financing & Retail Assets and Priority sector lending.
AnoopGairola
Members of Advisory Board
Establishing the Micro & Macro goals of the organization, budgeting both short term & long term and developing business plan encompassing revenue, risk & receivables management. Identifying & Developing multiple revenue models through customer centric approaches Optimizing productivity through effective HR practices which included long term career planning, training & development.Services We Offer
Service
Debt Counselling and Management
We aid you in intelligently strategizing planning your debt, whether it's minimizing costs, securing additional funds, or achieving a debt-free status. Our guidance covers every facet, offering support at every step of your financial planning.
Service
EMI Funding
Failing to make your EMI payment on time not only incurs significant penalties and interest charges but also adversely affects your credit score. Fortunately, we have a solution for you through EMI Funding.
Service
Fresh Beginning Loan
We are the first to believe in your journey, backing you as you move from being a reliable borrower, facing challenges as a defaulter, and ultimately regaining your status as a dependable borrower.
Service
Settlement Funding
If you have a strategy in place to contribute a portion of the (OTS) amount, ranging from 20% to 50%, from your own resources, we can step in to fund the remaining balance. This approach allows for a collaborative financing structure, where your initial investment serves as a foundation, and our funding covers the remaining percentage of the OTS amount. Moreover, the flexibility in the percentage you choose to self fund provides room for customization based on your financial capabilities and preferences.
Service
OTS One Time Settlement
In OTS transactions, substantial discounts of 70% to 80% are not uncommon, often accompanied by favorable payment terms. The outcome relies on effective legal representation and the exceptional negotiation skills of our qualified professionals.
Service
Debt Consolidation / Restructuring
If an excessive number of monthly obligations are causing stress on your budget, Debt Consolidation offers a solution to prevent payment delays. Through a mediation process, we negotiate to reduce interest rates, extend tenures, and implement balloon repayments, aligning them with your cash flow to avoid defaults. In extraordinary situations where default is inevitable, prioritizing damage minimization becomes crucial. Additionally, Repayment Holidays provide the necessary time to restore your cash flow to a stable state.
Service
Legal Support
Borrowers frequently make the error of signing loan documents without thorough review, and a majority of these agreements tend to favor the lender. In the event of a default, the borrower may encounter severe repercussions. Furthermore, the lender may enlist the services of a notorious collection agency and initiate multiple legal actions against the borrower experiencing financial distress. This is where our legal team becomes integral in managing and addressing such situations.Frequently Asked Questions
Debt Counselling and Management, EMI Funding, Debt
Consolidation / Restructuring, Legal Support, One Time
Settlement (OTS), Settlement Funding.
We aid you in intelligently strategizing planning your debt,
whether it's minimizing costs, securing additional funds, or
achieving a debt-free status. Our guidance covers every
facet, offering support at every step of your financial
planning. If an excessive number of monthly obligations are
causing stress on your budget,
Failing to make your EMI payment on time not only incurs
significant penalties and interest charges but also
adversely affects your credit score. Fortunately, we have a
solution for you to fund your upcoming EMI with short term
EMI Funding.
Debt Consolidation offers a solution to prevent payment
delays. Through a mediation process, we negotiate to reduce
interest rates, extend tenures, and implement balloon
repayments, aligning them with your cash flow to avoid
defaults. In extraordinary situations where default is
inevitable, prioritizing damage minimization becomes
crucial. Additionally, Repayment Holidays provide the
necessary time to restore your cash flow to a stable state.
Borrowers frequently make the error of signing loan
documents without thorough review, and a majority of these
agreements tend to favor the lender. In the event of a
default, the borrower may encounter severe repercussions.
Furthermore, the lender may enlist the services of a
notorious collection agency and initiate multiple legal
actions against the borrower experiencing financial
distress. This is where our legal team becomes integral in
managing and addressing such situations. Our team has become
proficient in navigating complex financial scenarios. We are
proud pioneers in utilizing the Mediation Channel for debt
resolution, creating mutually beneficial outcomes for both
lenders and borrowers. We extend our services to individuals
and business owners through our innovative Debt Hospital.