Released on = August 16, 2007, 1:47 pm

Press Release Author = Allison Roberts / Credit Solutions

Industry = Financial

Press Release Summary = Almost 20 percent of mortgage loans nationwide are
delinquent or in foreclosure, up from 10 percent in 2004 and 2005, according to
CNNMoney. Some financial analysts do not expect a turnaround before 2009.

Press Release Body = Dallas,TX -- August 16, 2007 - Credit Solutions is offering
assistance to the thousands of consumers caught in the credit debt crisis, allowing
them a way to living debt free. Consumers debt continues to rise, foreclosures
nationwide are increasing, while the stock market is dropping. America's massive
consumer debt grows daily and many are seeking alternate services to reduce their
debt and regain control of their lives. CNNMoney.com reports the average American
household has $9,200 in credit card debt alone.

The rising interest rates on mortgage loans are forcing an increased number of
foreclosures. Lenders are tightening mortgage terms and many are removing subprime
loans from the marketplace. Subprime mortgages, or mortgages given to candidates
with blemished credit reports, are much riskier loans for lenders. At the end of
2006, 17.9 percent of subprime loans were 30 days delinquent or in foreclosure and
that number has risen to 19 percent this year. This change has some subprime lenders
across the country filing for bankruptcy protection and others tightening lending
terms.

Consumers burdened with a large amount of debt are seeking other solutions to
reorganize their finances and eliminate their debts. The current economy is hurting
some consumers and decreasing their credit ratings. They can only begin repairing
their credit score once they remove their poor credit history. Once a credit score
is repaired, loans with better prospects are made available to former debtors.

Credit Solutions provides its clients with an alternative to traditional means of
debt management, such as bankruptcy or debt consolidation, which can tarnish a
credit report and increase the time to recover financially. As a leader in the
debt-settlement industry, Credit Solutions has managed over $1.2 billion worth of
debt and that experience provides clients a manageable way to begin living debt
free.

"Our debt-reduction service offers consumers a solution to their debt problems and a
means to living debt free," said Credit Solutions CEO, Matt Reivitt. "People in debt
often cannot envision a life without debt, but we help them see a better future by
offering them an effective and efficient debt solution," he said.

Credit Solutions, which recently celebrated four years in business, has grown from a
four-person team to more than 700 employees. The company's growth shows its
successful record in helping more than 70,000 families begin living debt free. These
families now can regain good credit standing and enjoy a life free from debt.

Credit Solutions is a member of the Greater Dallas Chamber of Commerce, the American
Bankers Association and the United States Organizations for Bankruptcy Alternatives
(USOBA). It recently received the prestigious J.D. Power and Associates recognition
for "An Outstanding Customer Service Experience" for their national call center
operations. For J.D. Power and Associates Certified Call Center ProgramSM
information, visit www.jdpower.com.
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Web Site = http://http://www.creditsolutions.com/

Contact Details = Credit Solutions
16501 N. Dallas Parkway
Addison, TX 75001
Heath Tudor, Marketing Director
For information: http://www.creditsolutions.com or
Contact: htudor@creditsolutions.com
Phone: 941-468-2453