Client LS2 from IL saved $6,190

Client Situation

Debt Enrolled: $9,985
Creditor Enrolled: 13
Debt Processed: $12,949
Debt Settled: $4,695
Total Saved: $6,190
Enrollment Date: 05 Oct, 2012
Type of Debt: Online Payday Loan, Accounts in Collection
Financial Coach:
Client Relationship:

Details of few savings

How OVLG handled the situation?

LS recently enrolled with OVLG in November 2012 because of the large number of payday loan debt that he had. Soon he realized that the interest rates these payday loan companies were charging was exorbitantly high. He was making payments to these companies but the total amount due did not decreased much due to the high interest rates. This made him very disappointed. He was searching for some debt relief solutions when he came to know about OVLG. After reviewing the feedback of clients at the BBB Trustlink website, LS was convinced and decided to contact OVLG. Vernon Smith, his intake manager, briefed him about the program. LS decided to enroll in October 2012. His file was assigned to Roger Sampson who started working on the file once the first payment was received in November 2012. LS started the program with eight creditors and three of his creditors have already been settled in one and a half month giving him a savings of approximately 60% on the amount owed. LS is very happy with the services and is glad to have taken the decision to join OVLG.

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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