Credit One Financial Solutions (www.creditonefs.com), a new financial services company formed by five former MBNA executives, held a Grand Opening today attended by Gov. Ruth Ann Minner. The new company, which already employs 51, offers debt consolidation solutions to responsible consumers with prime credit.
At a ribbon-cutting ceremony today, the company said market demand for its products would result in a doubling of its workforce by the end of next year.
“We see a real need among financially responsible consumers who want to consolidate their debt in a way that saves them money and enables them to pay off their debt faster,” said Joseph DePaulo, Chief Executive Officer of Credit One Financial Solutions.“Unlike many traditional debt consolidation providers, Credit One can grant an immediate loan approval over the phone, allowing a customer to have his or her debt consolidated into a Personal Line of Credit by the time they hang up the phone.”