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Credit Solutions Renews ISO 9001:2008 Certification, Reaffirming Commitment To Quality
Dallas, TX – Jul. 14, 2010 – After a thorough in-house, two-day audit, Credit Solutions has been awarded its fourth ISO 9001:2008 certification in accordance with The International Organization for Standardization (ISO), the world’s largest developer and publisher of international business operating standards.
BSI Management Systems, an independent quality system certification body, conducted the audit and evaluated Credit Solutions’ Quality Management System. Credit Solutions’ sales, customer service and settlement operations are audited every six months to ensure they are continuing their commitment to the international standards of excellence. For consumers, conformity of products and services to international standards provides assurance about their quality of service, security of their financial data and overall reliability.
“This certification is confirmation of Credit Solutions’ superior quality in operations and process-driven excellence to ensure client satisfaction,” said Credit Solutions CEO Doug Van Arsdale. “Our employees have all worked hard to strengthen our commitment to quality results and ensure integrity at every level of the organization. We are beyond pleased with the successful audit due to these efforts by the entire company.”
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About ISO
ISO (International Organization for Standardization) is a network of the national standards institutes of 160 countries, one member per country from all regions of the world, with a Central Secretariat in Geneva, Switzerland, that coordinates the system. The non-governmental organization forms a bridge between the public and private sectors, enabling consensus on solutions that meet both the requirements of business and the broader needs of society. "ISO" is derived from the Greek word, isos, meaning "equal." For details, visit www.iso.org.
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Credit Solutions Wins Stevie® Award For IT Department Of The Year
Dallas, TX – Jun. 30, 2010 – Credit Solutions, the debt settlement innovator, won a Stevie Award for IT Department of the Year in the 2010 American Business Awards, the nation’s premier business awards program.
The awards were presented during ceremonies at the Marriott Marquis Hotel in New York City. The ceremonies were hosted by Cheryl Casone of Fox Business Network and broadcast nationwide on radio by the Business TalkRadio Network.
Stevie Awards were presented in over 40 categories including Best Overall Company of the Year, Executive of the Year, and Corporate Social Responsibility Program of the Year. More than 2,700 entries from organizations of all sizes and in virtually every industry were submitted for consideration.
“Much of our success can be attributed to the innovative technology produced by our IT department,” said Credit Solutions CEO Doug Van Arsdale. “Credit Solutions has maintained our standard of service excellence by developing and adopting the newest technologies to meet our customers’ evolving needs.”
Credit Solutions has also received recognition for its innovative use of technology from the prestigious Red Herring 100 North America list and the InfoWorld 100 Awards. Credit Solutions’ Vice President of Information Technology was also recognized by the Computerworld Premier 100, a list that honors IT executives who effectively use technology to improve their organization.
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About The Stevie Awards
Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business and the Stevie Awards for Sales & Customer Service. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com..
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Credit Solutions Named Finalist in 2010 American Business AwardsSM
Dallas, TX – June 3, 2010 – Credit Solutions, the debt settlement innovator, was named a Finalist in three categories in the 2010 American Business Awards, the nation’s premier business awards program.
Credit Solutions’ IT department, Customer Service department and social responsibility program ‘Credit Solutions Cares’ were all recognized as Finalists by the American Business Awards. This is the second year in a row Credit Solutions has received Finalist recognition in these three categories.
“It is gratifying to see Credit Solutions’ hardworking employees recognized by the American Business Awards again this year,” said Credit Solutions CEO Doug Van Arsdale.
More than 2,700 entries from organizations of all sizes and in virtually every industry were submitted for consideration in various categories. Finalists were chosen by business professionals nationwide during preliminary judging in April and May.
The winners of the 2010 Stevie Awards will be announced during a gala on Monday, June 21 at the Marriott Marquis Hotel in New York City. More than six hundred executives from across the U.S. are expected to attend.
Credit Solutions won Financial Services Best Sales Department of the Year in the 2009 Stevie Awards for Sales & Customer Service, Financial Services Best Customer Service Organization in the 2008 American Business Awards and Best Entrepreneur in the 2008 Stevie Awards for Women in Business.
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About The Stevie Awards
Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business and the Stevie Awards for Sales & Customer Service. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com.
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Loopholes Consumers Need to Know, Credit Solutions Educates On New Credit Card Law
Dallas, TX – Mar. 3, 2010 – The Credit Card Accountability, Responsibility and Disclosure (CARD) Act, designed to provide new credit card protections to consumers, went into effect on Monday, Feb. 23. Although the Credit CARD Act is a step toward consumer protection, consumers are still vulnerable to a few ambiguities.
A Debt settlement market leader Credit Solutions continues its role as consumer financial advocate by advising clients and consumers to watch out for loopholes in the new credit card laws.
Consumers should be aware of the following:
- Creditors cannot raise the interest rate on a consumer’s existing balance during the first year unless they are 60 days late on a payment, but if consumers are over 60 days late on a payment, there is no limit on the interest rate card companies are allowed to charge.
- Consumers with accounts older than a year must be given 45 days notice before a rate increase; however, many consumers will be unable to pay off their debt in 45 days. With no interest rate limit, this could be costly.
- Credit card companies may also switch a consumer’s fixed interest rate to a variable interest rate. Variable rates go up and down with the prime rate, which is at a record low. This means, consumers’ interest rates will eventually raise when the Federal Reserve adjusts the prime rate.
- The over-the-limit fee may have been eliminated, but creditors can create new penalties and fees on existing cards. For example, they may add charges to receive a paper statement, fees if a card is inactive even if there is no balance or a new annual fee.
- Credit card companies may also lower your credit limit or close your account with no warning.
The best way for consumers to protect themselves is to read and save all ‘Change of Term Notices’ that come in the mail, advises Credit Solutions.
For more information on the Credit CARD Act, visit www.federalreserve.gov/consumerinfo.
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View all 2010 press releases...
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