Based in Tulsa, Oklahoma, Global Client Solutions has worked since 2003 to provide a secure fund repository for consumers committed to working with debt settlement firms.

1. Global Client Solutions
A Snapshot of America’s Consumer
Credit Market

2. Introduction
 Based in Tulsa, Oklahoma, Global Client Solutions
has worked since 2003 to provide a secure fund
repository for consumers committed to working with
debt settlement firms.
Statistics published in 2014 showed that 1 out of
every 20 U.S. consumers holding a non-mortgage
credit account was delinquent at least 30 days on
payments. The recent news on bankruptcy is brighter,
in that the number of bankruptcy filings in Q1 2015
was more than 4 percent lower than in Q1 2014. In
fact, the number of Q1 2015 filings stood at the lowest
quarterly total in close to a decade.
Reports issued early in 2016 showed a decrease of
delinquency rates for Q4 2015 on both bank-issued
credit cards and home mortgage loans.

3. Consumer Credit Market
 For the first time since the global economic downturn,
these figures neared their 15-year average rates. Experts
attributed the decline to the strengthening economy, which
demonstrated solid figures for both wages and
employment.
Economists point out that high credit card delinquency
rates often presage a downturn in the national economy,
due to a reduction in consumer spending and the potential
for increasing defaults. Overall, the health of the consumer
credit market indicates the degree to which nationwide
benchmark interest rates have affected everyday
consumers.
Global Client Solutions has earned positive
recommendations from hundreds of debt processing firms
for its ability to assist consumers in managing payments
while still keeping the funds under each client’s control.