PR - CreditAssist Financial Launches DebtBuyerAssist

CreditAssist Financial Services, a Debt Settlement company located in Euless, Texas announces the launch of DebtBuyerAssist, a new debt buyer referral program that improves debt buyers’ account contact and liquidation rates.

Rick Wittwer, CEO of CreditAssist states, "DebtBuyerAssist is a unique program that helps debt buyers to liquidate their unreachable debtors. Debt buyers expend significant effort and expense trying to collect on accounts that just won’t respond to collection letters or calls. With DebtBuyerAssist, debt buyers will reach more accounts and utilizing CreditAssist’s debt settlement program liquidate more accounts."

CreditAssist was founded by collection industry veterans Rick Wittwer and Carmine Dorio. "Our experience managing collection activities at most the major credit card issuers including Citi, American Express, BofA, and WAMU puts us in an enviable situation. We know the effectiveness and ineffectiveness of mail, collection call, and legal collection strategies. We also understand the costs associated with each of these strategies. No matter how much effort or expense is placed against the majority of accounts, debtors just won’t respond," says Mr. Dorio.

With this knowledge, CreditAssist’s DebtBuyerAssist program brings these unreachable debtors back to life. Mr. Dorio states, "Many unreachable accounts owned by debt buyers, are responding to our debt settlement services because they are embarrassed or intimidated by thought of having to communicate directly with a collector. Even though we charge a nominal fee to the debtors for the service, they would rather have one of our professional debt counselors resolve their debts for them."

CreditAssist works with Debt Buyers to identify their unreachable populations and helps them develop both print and voice customized referral strategies. The debtors are offered an alternative to resolving the debt through one of their collectors by referring them to CreditAssist, an independent debt settlement company that represents the debtor to the debt buyer and offers similar settlement rates.

Rick Wittwer states, "Debtors who chose to enroll in our debt settlement program are comforted knowing that CreditAssist will represent their interests by securing them competitive settlements and affordable payment terms. Debt Buyers are rewarded by turning their unproductive collection efforts on unreachable accounts into payers. Everyone wins!"