Public Benefit Corporation
Credimac is incorporated as a Public Benefit Corporation. This means that by law, unlike regular corporations that look
out only for their investors, Credimac is legally required to look out for their customers and employees as well.
Ethic of Benefit
Our ethic of helping consumers is clear in our past work. At Seneca Mortgage and Servicing, during the housing bust
of 2006-08, our CEO and COO both helped found the firm that assisted tens of thousands of consumers facing eviction,
renegotiate their mortgages and allowed them to stay in their homes. At Bizrate.com (now Scripps) and Shopping.com
(now eBay), our CTO and CFO helped to establish the first reliable consumer reviews on the internet,
and to get consumers the best prices possible. At Lively.com, two of us founded a company that designed and sold
cutting edge technology that allowed seniors to stay in their homes safely for as long as possible. And now, it’s
our mission to bring transparency and fairness to debt resolution.
Credimac's four founders each have more than 25 years of experience in finance, technology or some combination of both.
We’ve worked together in various functional roles and at some of the world’s TOP companies,
including Microsoft, JP Morgan, Morgan Stanley, eBay, Deutsche Bank, Scripps Networks,
Seneca Mortgage and Servicing, and others. We’ve learned in our careers
that you have to delight customers every day and with every order or every transaction. We know that we have to earn
your trust and your business every single day. We pledge to do everything in our power to accomplish that goal. In
our various finance roles, we handled hundreds of billions of dollars ($100,000,000,000+) in mortgages and other
debt instruments an annual basis.
Transforming the Industry
As long-time finance and tech entrepreneurs, we were excited to discover an industry (debt settlements) that,
while small, has enormous potential to genuinely help people really struggling with credit. We see a tremendous
opportunity to expand the size and scope of the current market offerings, making the industry work better for you
and all those in need.