DebtConnect Online's Next Generation Settlement Portal is Now Live

DebtConnect Online, a debt settlement portal powered by CareOne technology, has released its new and improved website. This new version allows creditors and debt buyers to reach settlements faster and easier than ever before. Now, creditors can effortlessly upload any accounts on which they are attempting to collect that are being represented by CareOne or Persels & Associates via a secure internet connection.  DebtConnect also makes it easy to access settlement offers and provides detailed reporting on transaction history.

Dennis Jordahl, Senior Director of Creditor Relations for CareOne Services, Inc., says, “Everyone who has had the opportunity to see this enhanced application has been genuinely excited about its ability to streamline the settlement process. It’s light years ahead of how we used to conduct business. By the end of this year, we anticipate half the settlements we facilitate for CareOne and Persels & Associates accounts to be conducted through DebtConnect.”

Jordahl goes on to say, “Creditors using DebtConnect have all seen increases in their settlement volume, because they’ve been able to settle accounts faster and more efficiently online. These new features, including the ability to search our database, will just increase their efficiency further.”

DebtConnect Online evolved from the debt settlement industry’s growing need for a faster and more efficient means of connecting settlement providers with creditors to help facilitate the settlement of consumer debt. It allows creditors and debt buyers to review debts, approve settlements, and receive payments using a single secure, user-friendly, web-based settlement portal. There is no cost to use the site and it is accessible 24 hours a day, seven days a week.

Dennis Jordahl will be attending the Debt Connection Symposium in Las Vegas this month, as well as the Credit & Collections Risk Conference in Scottsdale in October. Reach him by email.