Client DR from AL saved $2,332

Client Situation

Debt Enrolled: $8,840
Creditor Enrolled: 9
Debt Processed: $5,551
Debt Settled: $2,440
Total Saved: $2,332
Enrollment Date: 19 Oct, 2009
Type of Debt: Online Payday Loan, Credit Card
Financial Coach:
Client Relationship:

Details of few savings

How OVLG handled the situation?

DR enrolled in the program with four online payday loans in November 2009. Stuart Clark, the Financial Coach, assisted her to enroll after educating her about the pros and cons of the program. File was transferred to Priscilla Robinson in order to deal with her creditors. Within two months, DR saw her first account get settled with Payday One in January 2010 at just 22.69% with almost 77% debt being forgiven by the creditor due to the negotiating skills of Priscilla. Within next few months, DR saw all her accounts get settled one by one for only 20.09%. OVLG had DR debt free within just seven months with almost 80% of debt being waived off. DR is very satisfied with the way OVLG handled her account, the way creditor calls were stopped and especially the reduction in debt she got as she just paid 20% to the creditors to become debt free.

Video Transcription

  1. * We have changed clients' names to protect their privacy.

  2. The aforementioned are only a few examples of the various cases we deal with. After deducting the settlement fees, these show how much we saved from each creditor.

  3. Please note that the settled amount is neither consistent nor predictable, and it depends on the creditors.

  4. Of the 18466 clients supervised by OVLG to date, 820 cases have not yet been completed. A total of 13167 clients have left the program. Currently, we are working with 2379 clients, and we've also successfully assisted over 6700 clients.

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