Client JL2 from IL saved $904

Client Situation

Debt Enrolled: $1,745
Creditor Enrolled: 4
Debt Processed: $2,135
Debt Settled: $930
Total Saved: $904
Enrollment Date: 07 Dec, 2012
Type of Debt: Online Payday Loan
Financial Coach:
Client Relationship:

Details of few savings

How OVLG handled the situation?

JL2 had contacted OVLG in the month of September, 2013 to settle all her Payday Loan accounts. Her Client Intake Manager was Michael Grayson. He explained the entire debt settlement program and answered all her doubts and queries.

Finally, with complete knowledge of the entire debt relief process, JL2 decided to enroll herself in the program. The file was then transferred to her Case Manager Kenneth Clark in order to deal with her creditors. Kenneth started working on her accounts in the month of September, 2013 when we received the first payment from the client. We have settled her first account in the month of October, 2013 for 39.08%.

Within the duration of 5 months her client relationship manager settled 2 of her accounts out of the 3 listed creditors. He made a good relation with the client and keep her update about the activity in her program. Now she is left with only one creditor in which we have already started the negotiation.

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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