Client RN from TX saved $11,645

Client Situation

Debt Enrolled: $19,920
Creditor Enrolled: 4
Debt Processed: $21,909
Debt Settled: $6,381
Total Saved: $11,645
Enrollment Date: 24 May, 2014
Type of Debt: Credit Card
Financial Coach:
Client Relationship:

Details of few savings

How OVLG handled the situation?

RN enrolled in the debt settlement program on May 23rd, 2014. When he called us for first time he had 4 credit cards with a total outstanding balance of $19,920. He was explained the process by one of our experienced financial coach BG who cleared all his doubts regarding the program. RN's files was assigned to Simon Green who started negotiating with his credit card companies and settled the Wells Fargo Account with multiple payment option. It's been 18 months now and Simon is still trying to settle the other cards with the limited funds RN is saving each month. Though we have 3 open creditor accounts to be settled, the client is quite glad since Simon saved him over 4K on one single account.

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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