Industry-Leading Credit Solutions Joins TASC to Further Promote Consumer Debt-Relief Protections

RICHARDSON, Texas — Credit Solutions has become a member of The Association of Settlement Companies (TASC™), a non-profit organization that promotes fair business practices, consumer protection and high industry standards for the debt settlement industry.

“TASC is tantamount to ‘the Better Business Bureau’ of debt settlement,” said Credit Solutions CEO Doug Van Arsdale. “Membership is contingent upon compliance with the TASC Bylaws,” which are designed to encourage debt settlement companies to provide services of the highest standards to ensure public and industry confidence.

With the current credit and mortgage crises, educating consumers on options for responsible debt management has become increasingly important. Credit Solutions’ goal in joining TASC is to ensure that those interested in pursuing debt settlement as an option have a credible resource to turn to.

Debt settlement companies act on behalf of consumers, negotiating directly with creditors to facilitate repayment of consumer debts at a reduced percentage of the total amount owed. In return for their services, they are paid a monthly service fee by the consumer.

Perhaps the greatest benefit of debt settlement is that it gives consumers overwhelmed with unsecured debt a chance to avoid bankruptcy and, in effect, start over by practicing long-term saving habits. To avoid any hint of impropriety, TASC™ members do not handle or manage or otherwise control their clients’ funds.

About TASC
The Association of Settlement Companies promotes fair business practices, consumer protection and industry standards for the debt-settlement industry. Founded in 2005, TASC serves to protect consumers through an organization seal that represents best practices and standards of reputable companies. The organization also protects its member companies through lobbying efforts at the state and national levels, as well as awareness initiatives to educate consumers on debt settlement as a financial solution. For more information, visit www.tascsite.org.

About Credit Solutions
The nation’s debt settlement industry leader, Credit Solutions is recognized by the American Business Awards for the "Best Customer Services Department in Financial Services" and is a platinum-level member of the International Association of Professional Debt Arbitrators and a charter policy partner of the United States Organization for Bankruptcy Alternatives (USOBA). For more information, visit http://www.creditsolutions.com or espanol.creditsolutions.com, or call (800) 353-7630.