Debt Relief
Top Companies in 2024
DMB Financial vs New Era Debt Solutions
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- Free consultations
- User-friendly client portal
- Prevent collection calls
- Relatively short settlement timeframe
- No upfront settlement fees
- Free consultation
- IAPDA-accredited & BBB-accredited with A+ rating
- Transparent fee structure
- Settles debt in as little as 28 months
- Fee structure not disclosed
- Limited state availability
- Limited variety in debt relief options
- No mobile app
- No guarantee of settlement
- Not available in all states
- Solutions limited to debt settlement
- Limited support hours
- No mobile app
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!
For the last 25 years, New Era Debt Solutions has helped many people, especially families, lighten their financial burdens by settling their debt in an average of just over two years. They follow a personalized approach, pairing you with dedicated debt relief specialists who negotiate with your creditors to significantly reduce your obligations. The company has scored an A+ rating from the Better Business Bureau (BBB) and is accredited by the International Association of Professional Debt Arbitrators (IAPDA). They have a reputation for boasting trust and transparency with clients, for whom they settled over $275 million in debt across 47 states.
- 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
- Credit Score Impact : Program may lower credit score
- Average Net Savings : Around 47.77%, before fees
- BBB Rating : A+
- Fees : 14% to 23% of debt settled
- Timeframe : 28 months on average
- Trustpilot Score : 5 out of 5
- Customer Experience : Excellent
- Reduced collection calls
- User-friendly client portal
- Industry-wide accreditations
- Relatively low debt settlement timeframe
- Offers Rapid Resolution Program (RRP)
- Has flexible payment options
- 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—Undisclosed
- Credit Card Debt Relief
- Credit Counseling—Undisclosed
- Debt Consolidation—Undisclosed
- Debt Counseling—Undisclosed
- Debt Management Plans—Undisclosed
- Debt Settlement
- Loan Refinancing—Undisclosed
- Collection Accounts—Undisclosed
- Credit Card Debt
- Medical Bills—Undisclosed
- Personal Loans—Undisclosed
- Private Student Loans—Undisclosed
- Professional Bills—Undisclosed
- Secured Debts
- Collection Accounts
- Credit Card Debt
- Medical Bills
- Personal Loans—Undisclosed
- Private Student Loans
- Professional Bills—Undisclosed
- Secured Debts
- Cash
- Escrow/Savings Bank Account
- Major Credit Cards
- Cash—Undisclosed
- Escrow/Savings Bank Account
- Major Credit Cards—Undisclosed
- In Office
- Live Chat
- Mobile Application
- Phone
- Ticket
- In Office
- Live Chat
- Mobile Application—Undisclosed
- Phone
- Ticket—Undisclosed
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