CareOne Services Inc. Joins Consumer Advocacy Group

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Leading debt relief provider one of the founding members of new organization

CareOne Services
Together we can implement some positive changes that will give people the tools they need to help pay down debt while protecting them from the numerous bad players who have given the industry as a whole a bad reputation.

CareOne Services Inc., one of the nation’s largest providers of debt relief services, has joined the American Association of Credit Counselors as one of the organization’s founding members.

The new American Association of Credit Counselors (AACC) was formed in late 2010 in an effort to raise standards in the debt relief industry and advocate for improved consumer protections. The group, which has eight charter members, is spearheaded by consumer advocate Steve Rhode, founder of the website GetOutofDebt.org. Members include a wide range of providers of debt relief services.

“I am excited that CareOne has helped to create this new organization that is focused on broadening consumer protections and increasing education rather than on advancing the goals of the debt relief industry,” said Mike Croxson, president of CareOne.

Membership in the AACC is by invitation only and all members have agreed to a set of common standards including charging no upfront fees for debt settlement services, providing customers with good faith estimates for all fees and outlining the potential risks of enrolling in a debt relief program. The organization has adopted the motto “Putting Consumers First.”

“I look forward to being a part of this organization and working with a diverse range of debt relief providers, many of whom are my direct competitors, to find ways to educate consumers and improve the industry,” Croxson said. “Together we can implement some positive changes that will give people the tools they need to help pay down debt while protecting them from the numerous bad players who have given the industry as a whole a bad reputation.”

About CareOne
CareOne Services Inc. is a debt relief company formed in 2002 to provide consumers with multiple solutions to complex money issues. CareOne takes a holistic approach to assisting customers in debt and reviews each situation to create achievable financial solutions. CareOne’s services include credit counseling, debt management, debt settlement, as well as free referrals to bankruptcy attorneys if that is in the best interest of the consumer.

CareOne also provides the CareOne Community, a free online resource for consumers that includes educational tools, blogs and forums where more than a million people share their experiences and receive support from others in similar situations.

Headquartered in Columbia, Md., CareOne has helped more than 2 million people. In 2010, it provided consumers with the tools and assistance to pay down more than $385 million in debt. CareOne provides services in 41 states. For more information, call 1-800-373-3225 or visit CareOneCredit.com.

For The Media
For more information on CareOne Services Inc. and the debt relief industry, visit http://www.careonedebtinsights.com or call (336) 505-9312.

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Michelle Rash
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