Supporting Consumer Financial Wellbeing
FAIRFAX, Va. — March 11, 2025 – C&R Software, a global leader in Software-as-a-Service (SaaS) solutions for credit risk management, today announced the integration of its new financial health solution, SpringFour, into Debt Manager, its AI-powered SaaS platform for debt collection and recovery. This solution connects consumers facing financial hardship with a curated network of vetted, local nonprofit, and government resources for financial health.
“Our mission is to simplify, operationalize, and humanize the entire credit risk lifecycle for businesses,” said Ed Wallen, CEO of C&R Software. “As household debt reached $18 trillion in the fourth quarter of 2024, the introduction of our financial health solution on Debt Manager addresses this pressing issue by empowering consumers to take control of their financial wellbeing.”
C&R Software’s new financial health solution connects consumers in financial distress with over 25,000 curated resources nationwide. By fostering trust and providing meaningful support, C&R Software is helping to increase repayment rates and build brand loyalty.
“Our new financial health solution, SpringFour, demonstrates that supporting consumer financial health is not just compassionate—it’s a sound business strategy,” Wallen added.
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About
C&R Software is a leading global provider of software as a service (SaaS) and solutions for credit risk management, transforming financial risk assessment for over 40 years. Specializing in simplifying and humanizing the credit risk lifecycle, C&R Software delivers highly effective, executable strategies, and an intuitive platform to enterprises across more than sixty countries. C&R Software’s wholly owned fintech, SpringFour, connects customers facing hardships to essential financial health resources, promoting broader financial stability and well-being.
