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Credit Solutions Receives First Platinum-Level Recognition in Leading Industry Association.


RICHARDSON, Texas Richardson is a suburb in Dallas County and Collin County, Texas. As of the 2000 census, the city had a total population of 91,803, while according to a 2006 estimate, the population had grown to 99,200.  -- Credit Solutions has become the first Platinum-level member of the International Association of Professional Debt Arbitrators (IAPDA), the industry's leading training and certification body.

"We are very proud to recognize Credit Solutions' outstanding achievements and leadership in the debt settlement industry," said IAPDA Executive Director Laurence Larose, adding, "The Platinum Member participation level was created to recognize the companies that best embrace IAPDA's principles."

The IAPDA itself was founded to provide industry orientation, training and certification for individual debt settlement professionals, whose numbers are growing rapidly because:

* Changes in U.S. bankruptcy laws have made it more difficult for consumers to clear debts.

* The drop in housing prices has resulted in a decrease in available cash for consumers.

* American consumers are more than $2.46 trillion in debt, mostly credit card debt Credit card debt is an example of unsecured consumer debt, accessed through ISO 7810 plastic credit cards.

Debt results when a client of a credit card company purchases an item or service through the card system.
.

* Credit card companies are teaming up to track late payments by consumers. Because of new laws New Laws: see Las Casas, Bartolomé de. , creditors are able to raise consumers' interest rates even if they paid on time with them but paid late with a different creditor.

"With this certification, Credit Solutions provides additional guarantees to our clients that we are committed to maintaining the highest standards of professional conduct," said Credit Solutions CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Doug Van Arsdale
  • Harry Van Arsdale, Jr.
  • Lesley Van Arsdall
  • Tom Van Arsdale
  • Dick Van Arsdale
  • Paul Van Arsdale

This page or section lists people with the surname Van Arsdale.
.

About IAPDA

The International Association of Professional Debt Arbitrators grew from the commitment of its members to establishing and maintaining the highest standards of ethics, professional conduct and responsible trading in the Debt Settlement industry. IAPDA membership is comprised of individuals with firms of all sizes, from small (1-4 members) to many of North America's leading and largest debt arbitration Debt Arbitration is the industry created around the practice of debt settlement. Debt arbitrators are third-party institutions that work on behalf of their clients to negotiate out-of-court settlements for old bills, invoices, lawsuits, liens, medical bills, utility bills,  and settlement firms. It is the only certification program focused on certifying individual debt professionals rather than debt settlement companies. For more, see http://www.iapda.org.

About Credit Solutions

The largest for-profit debt management company in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Credit Solutions has been recognized by American Business Awards for the "Best Customer Services Department in Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
." For more information about the Credit Solutions and its debt management program, visit http://www.creditsolutions.com.
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Copyright 2008 Gale, Cengage Learning. All rights reserved.

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Publication:Business Wire
Date:Oct 3, 2008
Words:338
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