Capital One
Debt Settlement Letters

Below is a small sample of actual client settlement letters we have received from Capital One.1

Debt2 Settlement Client Situation Debt Shield Result3 Settlement Letter
$20,377.62 $6,311.20 This client was helping his daughter pay for college when he encountered some unexpected expenses. As a result of late payments, his interest rates sky rocketed and he fell behind on his accounts. Debt Savings of $14,066.42 view
$11,910.71 $3,987.00 This particular client endured a severe hardship. They were unable to pay their minimum monthly payments and dealing with harassing collection calls.
  • Previously Enrolled in Debt Consolidation
  • Debt Consolidation Company went bankrupt
  • Wanted peace of mind from being debt free
33.47% Debt Settlement view
$21,444.32 $6,433.30 This client's situation is an example of someone who became overextended due to excessive medical bills. With his living expenses increasing and his income staying the same, he turned to Debt Shield for help. Debt Savings of $15,011.02 view
$15,607.09 $5,325.00 This client's case is an example of someone who became overextended due to a variety of hardships.
  • Fell behind on payments to Capital One
  • Interest rate sky rocketed from 0% to 14% to 28%
Debt Settled for 34.12% view

Debt Settlements By Creditor

American Express Bank of America Capital One Chase
Citibank Discover HSBC Lowes
MBNA Sears Target Wells Fargo

1 Results not typical and individual results may vary
2 Debt at time of settlement
3 Settlement percentage is based on the amount of debt at time of settlement

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Insights

Did you know....

It could take you over 18 years – and at least $31,000 in interest payments – to pay off a $10,000 debt on a card with a 19% rate, if you only pay the monthly minimum.