Capital One Debt Settlement Letters

Capital One is a common creditor owed by consumers who are seeking debt settlement advice. Their interest charges amongst the highest in the credit card industry, and they can be quite inflexible in the debt relief they're willing to extend to their cardholders.

Despite this, as this Capital One debt settlement letter is evidence of, this client was able to save 65% off their balance, saving thousands in principal and finance charges. Capital One debt settlements typically range between 40 to 60% of what is owed, so this offer is an example of one of their steeper discounts.

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Capital One Settlement

Collection Agency: Leading Edge Recovery
Date: June 23, 2011
Balance: $4557
Offer: $1600
Settlement Percentage: 35%