Client Situation

Enrollment Date: 17 May, 2012
Debt enrolled: $10650.72
Creditor enrolled: 18
Debt processed: $8888.10
Debt settled: $4819.10
Total saved: $3051.75
Type of Debt: Online Payday Loan, Credit Card, Personal Unsecured Line of Credit
Financial Coach:
Client Relationship:
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Details of few savings

Saved $210 with Hydra Financial

How OVLG handled the situation?

On May 19, 2012, JL enrolled in OVLG's debt settlement program after seeing no hope to settle his debts on his own. After getting enrolled by one of the client intake managers of OVLG, his files were immediately transferred to Roland Gallant, one of the client relationship managers, who settled his Cash Line account just within the first month of enrolment. Soon, two other accounts were settled at good percentages, with one account being settled at 40% of the outstanding balance. The client is very satisfied with our services so far and we hope to make him debt free as soon as possible.

* 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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