trusted formDMB Financial vs Freedom Debt Relief | Several.com
Although we earn commissions from partners, we ensure unbiased evaluations. More on our 'How We Work' page

DMB Financial vs Freedom Debt Relief

Press [Add to Compare] to Edit, Add or Remove Vendors

Pros
  • Free consultations
  • User-friendly client portal
  • Prevent collection calls
  • Relatively short settlement timeframe
Pros
  • Accredited by AFCC and IAPDA
  • Program Guarantee
  • Transparent fee structures
  • Addresses different types of debt comprehensively
  • Provides a free consultation
  • Zero upfront fees
  • Online Client Dashboard
Cons
  • Fee structure not disclosed
  • Limited state availability
  • Limited variety in debt relief options
  • No mobile app
Cons
  • Lengthy process
Summary

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!

Summary

Freedom Debt Relief, established in 2002, is a prominent debt settlement company headquartered in the United States. Focusing on helping individuals manage unsecured debts, such as credit card balances and medical bills, the company has served over 1 million clients and resolved over $18 billion in debt. Their services involve negotiating with creditors to settle debts for less than the amount owed, offering a structured debt relief program without upfront fees, and providing a simple process where clients deposit funds into a dedicated account for settlements. Freedom Debt Relief stands out for their commitment to guiding clients through every step of the debt relief process and promptly notifying them of settlement offers. The company's expertise in debt negotiation and their track record of assisting clients in achieving financial freedom make them a trusted leader in the industry. Freedom Debt Relief is well-known for their dedication to helping people overcome financial challenges. They have received accreditation from reputable organizations like the Better Business Bureau and the International Association of Professional Debt Arbitrators.

Quick Stats
  • 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
Quick Stats
  • Credit Score Impact : False
  • Average Net Savings : 20% to 35% after fees
  • BBB Rating : A+
  • Fees : 15%-25%
  • Timeframe : 24-48 months
  • Trustpilot Score : 4.6 out of 5
  • Customer Experience : Good
Selling Points
  • Reduced collection calls
  • User-friendly client portal
  • Industry-wide accreditations
Selling Points
  • Pay off debt in as soon as 24 months
  • Keep track of your work in real-time
  • Deals with various types of debts
Services Offered
  • Bankruptcy Counseling
  • Consolidation Loans
  • Credit Card Debt Relief
  • Credit Counseling
  • Debt Consolidation
  • Debt Counseling
  • Debt Management Plans
  • Debt Settlement
  • Loan Refinancing
Services Offered
  • Bankruptcy Counseling
  • Consolidation Loans
  • Credit Card Debt Relief
  • Credit Counseling
  • Debt Consolidation
  • Debt Counseling
  • Debt Management Plans
  • Debt Settlement
  • Loan Refinancing
Types of Debt Covered
  • Undisclosed
    Collection Accounts
  • Credit Card Debt
  • Undisclosed
    Medical Bills
  • Undisclosed
    Personal Loans
  • Undisclosed
    Private Student Loans
  • Undisclosed
    Professional Bills
  • Secured Debts
Types of Debt Covered
  • Undisclosed
    Collection Accounts
  • Credit Card Debt
  • Medical Bills
  • Personal Loans
  • Private Student Loans
  • Undisclosed
    Professional Bills
  • Secured Debts
Payment Options
  • Cash
  • Escrow/Savings Bank Account
  • Major Credit Cards
Payment Options
  • Cash
  • Undisclosed
    Escrow/Savings Bank Account
  • Undisclosed
    Major Credit Cards
Customer Support
  • Email
  • In Office
  • Live Chat
  • Mobile Application
  • Phone
  • Ticket
Customer Support
  • Email
  • In Office
  • Live Chat
  • Mobile Application
  • Phone
  • Ticket

Save Big on Debt Relief

Fill out a quick form to claim special offers on Debt Relief

image