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Debt Consolidation Review: Credit Solutions – Review
Published by admin on December 14, 2009
Debt Consolidation Review: Credit Solutions – Review
Credit Solutions, a private company headquartered at Dallas was founded in the year 2003 today employs more than 950 employees. The company was a dream of the Founder Doug Van Arsdale. Within a short span of time they have been able to win the hearts of over people to be able to become debt free. Having managed over $ 2.25 billion of client’s debts, they are the leader in the market providing credit solutions in the United States.The organization has been awarded “Best Customer Services Department in Financial Services by American Business Awards.Their website provides broad details of their areas of operation.
The professional employees of the Credit Solutions, a debt relief agency which works for their clients to ensure to minimize their debts at the earliest.On the event of extremely bad conditions they advise and help clients to file for bankruptcy if needed.
The unique features of the Credit Solutions are:
a) Help customers to liquidate debts within 12 -36 months duration
b) Credit Checks are not required
c) Professional advice and assistance in dealing with creditors
The Credit Solutions experience has varied amongst the various people who have availed of their services. The professional appearance of the employees dealing with the debt relief cases provided a sense of satisfaction to the desire of the majority. The website provided image of a united family during time of financial crisis.It initiates a sense of eagerness amongst people to know more about the services. An insight of the details of website provides a little confusion in the minds of the prospective clients. The section Frequently Asked Questions does not provide a clarity regarding the details of the charges to be incurred by a client using their services.This is an area which needs to be paid more attention with the increase of educated customers.
Credit Solutions allows their good work to speak for them.In November2009 they settled consumer debt worth $ 22.4 million of approximately 4000 accounts ensuring that the customers saved $ 12.8 million. They helped the consumer reduce their debts by slightly over 40%.Ensuring customers saving around 50 % of their debts during last five months undoubtedly speaks high about the professional standards. In the month of November, 2009 they boldly claim of a settlement. The client was in a debt trap post a major injury due to medical expenditure. The company saved over 90% of his debts which is an amazing story.
In order to maintain a very high standard of service for debt relief, they understood the need of a very efficient customer service. The company offers a 24/7 credit counseling line. They provide free consultations on debt counseling. They also provide customer helpline for the specialty team.This facility is available for clients and only on Sundays they provide this facility for half day.The ideology of keeping a warm relationship with clients even when you are flying high is important. The easy debt solution at a quick pace by Credit Solutions is something really admirable and Doug Van Arsdale and his team members are working hard to upgrade their quality of service.
(3 votes, average: 5 out of 5)
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REDUCE PAYMENTS BY UP TO 57% INSTANTLY! GET OUT OF DEBT NOW!
Tiffany on Tue, 9th Feb 2010 8:45 pm
I lost my job in March 2009 and joined Credit Solutions in June 2009 after trouble paying all my credit card bills. To only have to pay/ save $400 a month instead over $1,000 I was currently paying on credit card debt sounded like the right decision to make (the only decision in my mind at the time). The first six months of the program was the hardest. I was receiving creditor calls, letters, etc. (someone even showed up at my door) and didn’t have enough money saved to make any settlement offers. Plus, I wasn’t sure what Credit Solutions was supposed to be doing on my behalf since I stopped paying my monthly credit card bills. I couldn’t understand why people kept calling. This was so disheartening.
Then, after 6 months an offer came in from a credit card I owed over $5K on. It was a great offer and I was able to settle my first account for less than half of what I actually owed. I finally had faith in this program I had been buying into for 6 months. A few months later I paid off two more accounts (thanks to Christmas money from family). Recently I was receiving calls from one of my creditors, but it was just sold off to a third party, and Credit Solutions knew about it before I did and updated it for me on my online account. Since this account was sent to a collection agency, I have stopped receiving the annoying phone calls. So, I know that Credit Solutions has been in contact with them and they know I am on this program. I will continue to save and hopefully I will be done in another year (which seems like forever in my mind). If all goes as planned and I continue to save, I will have paid off all my credit card debt in 2 years. I was on a 4 year plan originally with Credit Solution, which at the time was better than the 35 years it was going to take if I continued to pay minimum payments.
The only reason I write this, is because I was one of the confused Credit Solution customers reading all these horrible reviews and wondering if I had made a huge mistake. Well, I am halfway through my debt, so I personally think it has been worth it. Having someone on my side to help me when I had questions while making the negotiations on my behalf has been worth their service fee. Plus I have already saved twice as much as their total service fee and I still have more to save when I settle the remaining accounts. It is not easy, and yes your credit score will be destroyed (I am afraid to look at mine), but in my situation, it seemed like the only way to get out of debt. Paying the rent and buying food for the kids seemed more important than my credit score at the time.