Loan Type Policy

Understanding which loans we can assist with

We specialise in unsecured debt. This policy explains exactly which loans we can and cannot help you resolve, and why.

Eligible Unsecured Loans

We provide consultancy services for the following types of unsecured debt:

Personal Loans

Unsecured personal loans from banks, NBFCs and fintech lenders.

Credit Card Debt

Outstanding balances on credit cards from any issuer.

Business Loans (Unsecured)

Unsecured business loans taken without collateral.

Medical Debt

Unpaid medical bills and healthcare expenses.

Education Loans (Unsecured)

Student loans without collateral or a guarantor.

Payday Loans

Short-term, high-interest loans.

Ineligible Secured Loans

We do not provide services for secured loans or loans with collateral:

Home Loans / Mortgages

Loans secured by residential or commercial property.

Car Loans / Vehicle Loans

Loans secured by automobiles or vehicles.

Gold Loans

Loans secured by gold jewellery or ornaments.

Property Loans

Loans against property (LAP) or real estate.

Secured Business Loans

Business loans backed by collateral or guarantees.

Loan Against Securities

Loans secured by stocks, bonds or mutual funds.

Why this policy exists

Legal and practical reasons

Secured loans involve collateral that lenders can seize through legal processes. Settlement strategies that work for unsecured debt are not applicable to secured debt, because lenders retain the right to repossess the collateral.

Risk of asset loss

Attempting to negotiate secured debt without proper legal representation could result in the loss of your home, vehicle or other valuable assets. We do not want to put our clients at such risk.

Specialised expertise required

Secured debt resolution requires specialised legal expertise and often involves court proceedings. Our consultancy focuses on unsecured debt, where our strategies are most effective.

Client protection

This policy protects our clients from engaging in services that may not be appropriate for their situation, and ensures we only provide guidance where we can genuinely help.

Our verification process

Before accepting any client, we verify:

  1. 1

    The type of debt you have (secured vs. unsecured).

  2. 2

    Whether your debt falls within our service scope.

  3. 3

    Your eligibility for our debt resolution programs.

If your debt is not eligible for our services, we will inform you immediately and, where possible, refer you to appropriate resources or professionals who can assist you.

Have questions about your loan type?

Not sure if your loan qualifies? Contact us for a free consultation.

Legal Disclaimer

FairPaisa Solution is an independent advisory and consultancy service provider registered under Udyam (UDYAM-RJ-21-0022710). We are NOT a bank, NBFC, financial institution, or RBI-regulated entity. We do not provide loans, financial aid, or guarantee loan waiver, settlement approval, EMI reduction, or credit score improvement. All services are advisory and support-based in nature. Outcomes depend entirely on respective lender policies. Clients understand that loan settlement may negatively impact their credit score.

Grievance Officer: Compliance & Support Team | fairpaisasolution@gmail.com | Resolution Time: Within 7 working days

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This website (www.fairpaisasolution.com) is owned and operated by FairPaisa Solution, a Micro Enterprise registered under Udyam (UDYAM-RJ-21-0022710), India.

FairPaisa Solution is a Micro Enterprise registered under Udyam (UDYAM-RJ-21-0022710). We are not a bank, NBFC, or RBI-regulated entity. All services are advisory in nature.