Discover Debt Settlement Letters

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

Debt2 Settlement Client Situation Debt Shield Result3 Settlement Letter
$11,313.38 $2,376.00 Client was dealing with creditor harassment due to lack of minimum monthly payments. He was self-employed but he encountered a drastic business fall off. Debt Settled for 21% view
$10,361.19 $3,834.00 The client and his family found themselves in debt after a loss of income disrupted their balance of monthly monthly wages. They suffered multiple hardships including:
  • Underemployment
  • Medical Bills
  • Overextended
 Debt Settled for 37% view
$16,413.88 $6,585.55 This client suffered from many unfortunate circumstances. She was seeking an alternative to bankruptcy because of her:
  • Medical Bills
  • Interest Rate increased to 28%
 Debt Savings of $9,828.33 view
$17,752.69 $5,326.00
  • Dealing with Creditor Harassment
  • Major Medical Bills
  • Paying for 4 Children in College
 Debt Savings of $12,426.69 view
$14,308.40 $1,160.32
  • Death in Family
  • Stuck with Funeral Expenses
  • Paying for School Tuition
 8.11% Debt Settlement 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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  • 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.
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