Digital Loan & App Debt Relief

Settle Your Si Creva (Kissht/Ring) Loan

Trapped in a cycle of high interest and harassment from loan apps? We help you settle legally with Si Creva Capital Services and regain your peace of mind.

Get Settlement Help +91-8700343611

About Si Creva Capital Services

Si Creva Capital Services Pvt Ltd is a Reserve Bank of India (RBI) registered Non-Banking Financial Company (NBFC). It is the primary lending partner behind popular digital lending apps like Kissht and Ring (formerly EMI Pay).

These apps offer instant credit lines and small personal loans with minimal documentation. While convenient, they often come with very high interest rates and strict repayment terms. Defaulting on these loans can lead to aggressive recovery tactics, including harassment of contacts and legal threats.

If you are being harassed by recovery agents from Kissht, Ring, or Si Creva, you need to know that you have legal options. AMA Legal Solutions specializes in handling digital lending cases, stopping harassment, and negotiating fair settlements.

The Trap of App-Based Loans

Digital loans are designed to be easy to take but hard to exit if you miss a payment.

High Interest & Penalties

Apps like Ring often charge daily late fees. A small loan of ₹5,000 can turn into ₹15,000 in just a few months due to these compounding charges.

Data Privacy Risks

Many users report that recovery agents access their contact lists and call friends/family, which is a violation of RBI's digital lending guidelines.

Stopping Recovery Harassment

Is Harassment Legal? NO.

Recovery agents often cross the line. They may threaten police action, use abusive language, or shame you on social media. This is illegal.

How We Stop It:

  • Legal Notice: We send a formal notice to Si Creva warning them against illegal recovery practices.
  • Call Diversion: We instruct the lender to direct all future communication to us, your legal representatives.
  • RBI Complaint: If harassment continues, we file a complaint with the RBI Ombudsman, which puts immense pressure on the NBFC to settle.

One Time Settlement (OTS) Solution

The best way to end the cycle of debt with digital lenders is a One Time Settlement. We negotiate with Si Creva to close the loan for a reduced amount.

Why Settle?

  • Stop daily interest accumulation.
  • Stop harassment calls immediately.
  • Avoid legal cases and court visits.
  • Clear the debt for 40-60% less.

Our Strategy

We bypass the call center agents who have no authority. We deal directly with the Nodal Officer or the Legal Department of Si Creva to get a formal settlement letter approved.

Our Settlement Process

1. Case Assessment

We analyze your loan details from the Kissht/Ring app and your repayment history.

2. Legal Representation

We inform Si Creva that you have legal counsel, which usually stops the aggressive calls.

3. Negotiation

We negotiate with the company for a waiver of interest and penalties.

4. Settlement Letter

We obtain a formal letter from Si Creva stating the final settlement amount.

5. Payment & NDC

You pay the amount directly to the company, and we ensure the loan is closed on the app and credit report.

RBI Digital Lending Guidelines 2022

The RBI has issued specific rules for digital lenders like Si Creva/Kissht:

  • Data Access: Apps cannot access your mobile contacts or media gallery.
  • Cooling-off Period: You must be given time to exit the loan without penalty.
  • Agent Conduct: Recovery agents must be trained and cannot harass you.
  • Transparency: All fees and interest rates must be clearly disclosed (Key Fact Statement).

We use these guidelines to defend you. If they have violated any of these, we can demand a better settlement.

Impact on CIBIL Score

Settling will lower your CIBIL score temporarily as the account is marked "Settled".

However, leaving the loan open with "Overdue" status damages your score much more. Settlement stops the negative reporting.

You can rebuild your score quickly by taking a small secured credit card and paying it on time.

Rebuilding Tips

  • Get the NDC from Si Creva.
  • Wait 45-60 days for CIBIL update.
  • Apply for a secured credit card (FD backed).
  • Keep utilization low (<30%).

Required Documents

  • Loan ID / Registered Mobile Number
  • PAN Card & Aadhaar Card
  • Screenshots of App Dashboard
  • Legal Notices (WhatsApp/Email)
  • Proof of Income Loss
  • Bank Statement (Last 3 months)

Client Success Stories

★★★★★

"I took a small loan from Kissht which ballooned to ₹50,000 due to penalties. Agents were calling my office colleagues. AMA Legal stopped the calls and settled the loan for ₹20,000. I am so relieved."

R

Rahul Verma

Sales Executive, Pune

★★★★★

"Ring app agents were threatening me with a police case. I was scared. The lawyers at AMA Legal explained that it's a civil matter and handled the settlement professionally. Highly recommended."

S

Sneha Gupta

Student, Delhi

Si Creva / Kissht / Ring FAQs

Common Questions

Expert answers regarding settlement of loans from Si Creva and its partner apps.

Yes, Si Creva Capital Services is the RBI-registered NBFC behind popular apps like Kissht and Ring. If you are unable to repay due to financial hardship, we can help you settle the loan directly with Si Creva through a One Time Settlement (OTS).
Digital lenders like Si Creva often impose heavy late payment penalties and daily interest charges. This can cause your outstanding amount to double or triple in a few months. Settlement is the best way to stop this compounding debt.
Loan default is a civil dispute, not a criminal offense. However, if you have set up auto-debit (NACH/e-mandate) and it bounces, they can threaten legal action under Section 25 of the Payment and Settlement Systems Act. We can handle these legal threats for you.
No, this is illegal. The RBI's digital lending guidelines strictly prohibit accessing your contact list or harassing your friends and family. If this is happening, we can file a formal complaint with the RBI Ombudsman and use it as leverage for settlement.
For unsecured digital loans, waivers can be significant. Depending on the age of the default and your financial situation, settlements can often be achieved at 40% to 60% of the principal + interest amount, sometimes even just the principal amount.
Settling will close the loan account, and the status in your credit report will change to 'Settled'. While this is not as good as 'Closed', it stops further damage to your score and stops the recovery harassment.
Once the settlement letter is issued, you usually get a specific deadline (e.g., 3-7 days) to make the payment. In some cases, we can negotiate for the payment to be made in 2-3 installments.
You can, but it is difficult. Recovery agents often refuse to offer settlements and instead demand full payment with threats. A lawyer can bypass these agents and negotiate directly with the NBFC's legal or settlement department for a better deal.
You will need your loan details (Loan ID from the app), PAN card, Aadhaar card, and proof of financial inability (like a bank statement showing low balance or a termination letter).
Yes, we ensure that you receive an official settlement letter from Si Creva Capital Services Pvt Ltd on their letterhead before you make any payment. This guarantees that the loan will be closed once the payment is made.
Ignoring them will lead to your loan being marked as NPA, a sharp drop in your CIBIL score, and potential legal action like arbitration. It is better to face the issue legally and close it through settlement.
Yes, many digital lenders include arbitration clauses in their agreements. They may appoint an arbitrator to pass an award against you. We can represent you in these proceedings to ensure a fair outcome.
Immediately after settlement, it will be hard to get unsecured loans. However, you can rebuild your credit score over 12-24 months using secured credit cards, after which you will be eligible for loans again.
We specialize in digital lending settlements. We know how apps like Kissht and Ring operate and how to effectively negotiate with their parent company, Si Creva, to get you the maximum waiver and stop harassment.
Our fees are nominal compared to the savings you get from the settlement. We offer a free initial consultation to understand your case and provide a quote.

Close Your Kissht/Ring Loan Today

Stop the harassment. Settle legally and move on.

Book Free Consultation Call: +91-8700343611

We Serve All States & Union Territories

Our loan settlement services are available across all states and union territories in India