Client Situation

Enrollment Date: 04 Jul, 2011
Debt enrolled: $1378.78
Creditor enrolled: 2
Debt processed: $1475.07
Debt settled: $737.00
Total saved: $553.55
Type of Debt: Credit Card
Financial Coach:
Client Relationship:
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Details of few savings

Saved $738.07 with Capitol One

How OVLG handled the situation?

RM2 got enrolled with OVLG on July 4, 2011 to get rid of his mounting debt burdens. He had an outstanding balance of $1400 with Capital One, which we settled for just 50%, and the client is paying the agreed amount in easy monthly payments. The payments are still going on and the client is expected to make the final payment in August 2012. As of now, Robert is very satisfied with the services rendered to him and whenever he requires any help; his Client Relationship Manager takes care of the issues.


* 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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