Debt Relief
Top Companies in 2024
American Debt Relief vs DMB Financial
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- No upfront fees
- Free debt consultation
- A+ BBB rating
- User-friendly user dashboard
- Free consultations
- User-friendly client portal
- Prevent collection calls
- Relatively short settlement timeframe
- Fees are not disclosed
- Minimum debt amount not disclosed
- Do not mention states covered
- No mobile app
- Fee structure not disclosed
- Limited state availability
- Limited variety in debt relief options
- No mobile app
American Debt Relief was founded in 2012 in Plano, Texas. Their specialty is debt settlement solutions for anyone facing unsecured debt challenges, primarily with credit card debt. They are accredited by the American Fair Credit Council (AFCC) and the International Association of Professional Debt Arbitrators (IAPDA), and boast an A+ rating from the Better Business Bureau (BBB). They have successfully settled over $1 billion in debt to date on behalf of thousands of Americans across 44 states and Washington, D.C. They follow a performance-based fee structure, charging fees only after successfully negotiating settlements with creditors. Their customer feedback is mixed with many admiring their personalized service and expertise, while some had concerns over communication delays and transparency. If you want to form your own opinion on them, read this review to learn more about them!
Founded in 2003 and headquartered in Beverly, Massachusetts, DMB Financial is a debt relief company with a track record of settling the unsecured debt of over 30,000 people and managing more than $1 billion in debt through their Financial Guardian Program. They hold memberships in the International Association of Professional Debt Arbitrators (IAPDA) and the American Association for Debt Resolution (AADR) and maintain an A rating from the Better Business Bureau (BBB). Many praise them for their personalized approach to debt settlement and their effective negotiation strategies. The company is also known for their user-friendly client portal and dedication to minimizing creditor harassment. Want to know whether they’re the debt relief company you’re looking for? Read this review!
- Credit Score Impact : Program may lower score temporarily
- Average Net Savings : 30% after fees
- BBB Rating : A+
- Fees : Undisclosed
- Timeframe : 24 - 48 months
- Trustpilot Score : 4.9 out of 5
- Customer Experience : Good
- Credit Score Impact : Program may lower score temporarily
- Average Net Savings : 48%
- BBB Rating : A
- Fees : Undisclosed
- Timeframe : 36 months
- Trustpilot Score : N/R
- Customer Experience : Good
- Settled large amounts of debt
- Easy-to-use client dashboard
- You can track your progress in real-time
- Reduced collection calls
- User-friendly client portal
- Industry-wide accreditations
- Bankruptcy Counseling
- Consolidation Loans
- Credit Card Debt Relief
- Credit Counseling
- Debt Consolidation
- Debt Counseling
- Debt Management Plans
- Debt Settlement
- Loan Refinancing
- Bankruptcy Counseling
- Consolidation Loans
- Credit Card Debt Relief
- Credit Counseling
- Debt Consolidation
- Debt Counseling
- Debt Management Plans
- Debt Settlement
- Loan Refinancing
- Collection Accounts—Undisclosed
- Credit Card Debt
- Medical Bills—Undisclosed
- Personal Loans—Undisclosed
- Private Student Loans—Undisclosed
- Professional Bills—Undisclosed
- Secured Debts
- Collection Accounts—Undisclosed
- Credit Card Debt
- Medical Bills—Undisclosed
- Personal Loans—Undisclosed
- Private Student Loans—Undisclosed
- Professional Bills—Undisclosed
- Secured Debts
- Cash
- Escrow/Savings Bank Account
- Major Credit Cards
- Cash
- Escrow/Savings Bank Account
- Major Credit Cards
- In Office
- Live Chat
- Mobile Application
- Phone
- Ticket—Undisclosed
- In Office
- Live Chat
- Mobile Application
- Phone
- Ticket
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