Pricing
The default position is that the loser pays the winners costs to include Setld’s fees, and the winner’s other reasonably incurred costs.
In most cases Setld’s claims fee is 10% – 15% of the claim value, or £500 whichever is the higher amount.
The claim fee is reduced to 10% of the claim value for Pro and Enterprise subscribers.
Features
Claim fee
Unlimited use of Setld’s resolution clause
During subscription, Setld will accept the claim(s)
Access to Setld’s training materials, templates and claim forms
Setld’s pre-action warning letters
Setld will seek agreed settlement with the other side
Setld certificate setting out your membership
Subscription fees paid towards any claim fees
Bespoke rules drafted with your specific needs in mind
Guaranteed fixed claim fees
Best suited for all types of businesses
Claim fee
15%
paid by the losing party
Unlimited use of Setld’s resolution clause
During subscription, Setld will accept the claim(s)
Access to Setld’s training materials, templates and claim forms
Setld’s pre-action warning letters
1 /mo
£10 per letter thereafter
Setld will seek agreed settlement with the other side
Setld certificate setting out your membership
Subscription fees paid towards any claim fees
Bespoke rules drafted with your specific needs in mind
Guaranteed fixed claim fees
Best suited for all types of businesses
Claim fee
10%
reduced from 15%
Unlimited use of Setld’s resolution clause
During subscription, Setld will accept the claim(s)
Access to Setld’s training materials, templates and claim forms
Setld’s pre-action warning letters
10 /mo
£10 per e-letter thereafter
Setld will seek agreed settlement with the other side
Setld certificate setting out your membership
Subscription fees paid towards any claim fees
Bespoke rules drafted with your specific needs in mind
Guaranteed fixed claim fees
Tailored to your large corporate needs
Claim fee
Bespoke
Unlimited use of Setld’s resolution clause
During subscription, Setld will accept the claim(s)
Access to Setld’s training materials, templates and claim forms
Setld’s pre-action warning letters
Bespoke
Setld will seek agreed settlement with the other side
Setld certificate setting out your membership
Subscription fees paid towards any claim fees
Bespoke rules drafted with your specific needs in mind
Guaranteed fixed claim fees
Frequently Asked Questions
Got questions about how Setld works? We’ve got you covered. Browse the answers below to understand our platform, process, pricing, and how we help you get paid.
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How much does it cost?
Essential – £25 per month
Pro – £100 per month
Enterprise – call us to discuss
Plus 10% – 15% of the claim value when submitted.
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We don’t sue people for money, why should we use you?
Just being a member of Setld can help to resolve disputes faster, as can our pre-claim services.
Setld’s arbitration clause, can give extra comfort to any new suppliers/customers that they can trade with you in confidence, because should anything go wrong, they are not beholden to the Courts.
Also, data suggests that 90% of matters that parties could sue for, don’t, due to fear of high legal fees, and the court system. Setld removes a lot of that time, cost and risk.
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How are you different to debt collection agency?
Think of Setld more like a private court, than a debt collection agency.
Setld provides an order that is enforceable in 170 countries, that order can be used by the debt collection agency to recover assets to the value of the debt.
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Is the 10% – 15% claim fee guaranteed?
The default position is that claim fees are 15%, reduced to 10% of the claim value (less VAT) for Pro and Enterprise subscribers.
There is provision for Setld to seek a claim fee greater than that, but only in very exceptional circumstances, such as particularly complicated or large cases, when compared to the amount claimed.
We can agree guarantee claim fees for our Enterprise subscribers.
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Can you offer a no-win-no fee?
No. Setld must act in an impartial way to all parties, at all times. It cannot be, or be seen to be wedded to any particular outcome, which a no-win-no fee offer may do.
However, costs, including Setld’s costs are usually awarded against the losing party to be paid to the winning party.
How It Works
From adding the Setld Clause to receiving a final order for payment, our process is built to be clear, fast, and fully online. No legal jargon. No courtroom delays. Just step-by-step guidance and results in weeks, not years.