Client Situation

Enrollment Date: 05 Oct, 2010
Debt enrolled: $10401.30
Creditor enrolled: 17
Debt processed: $7127.51
Debt settled: $3371.25
Total saved: $2817.2
Type of Debt: Store Front Payday Loan, Credit Card, Accounts in Collection
Financial Coach:
Client Relationship:
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Details of few savings

Saved $599 with check n go

How OVLG handled the situation?

CA was being harassed by repeated creditor calls from payday loan companies round the clock until he signed up with our debt settlement program. Once we started negotiating with the creditors, all the harassing collection calls got stopped immediately. At the time of enrolment, CA had around $6,000 in debt. However, as of now, 3 of his creditors have been settled at very good percentages including CheckNGo acount, which was settled for just 42% of the outstanding balance. We are still working on the remaining accounts and we hope to make the client debt free very soon.

* 1. Client names have been changed to protect privacy.
2. Out of the many cases we handle, the above are few sample instances only. These depict how much we have saved from each creditor after deducting the settlement fees.
3. Please note that the negotiation amount is neither constant nor predictable. It depends on the creditors completely.
4. Out of the total 18466 clients managed by OVLG till date, cases of 820 clients aren't complete yet. 13167 clients have dropped out of the program. We're working with 2379 clients currently. We have also helped 2100 clients successfully.
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