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DMB Financial vs Progressive

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Pros
  • Free consultations
  • User-friendly client portal
  • Prevent collection calls
  • Relatively short settlement timeframe
Pros
  • Addresses different types of debt comprehensively
  • Live chat
  • Personalized customer service
  • Offers financial education and budgeting resources
Cons
  • Fee structure not disclosed
  • Limited state availability
  • Limited variety in debt relief options
  • No mobile app
Cons
  • Lack of transparency
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

Since their founding, Progressive Debt Relief has been a debt settlement company helping consumers nationwide resolve high-interest, unsecured debts. Headquartered in Maitland, Florida, the company specializes in negotiating with creditors on behalf of clients to settle debts for less than the total amount owed. Progressive Debt Relief's services cover a range of unsecured debts, including credit cards, medical bills, payday loans, and more. The company's approach involves creating a customized debt relief plan for each client and leveraging their industry expertise and relationships to achieve favorable settlements.  Notably, Progressive Debt Relief charges no upfront fees and only collects a service fee once a debt has been successfully negotiated and the client has made their first payment. PDR customer reviews are generally positive, with clients praising the company's efficient and helpful staff and the tangible financial relief they've experienced. While the Better Business Bureau (BBB) has received complaints about the company's practices, PDR maintains an A+ rating, indicating a solid commitment to customer satisfaction. Overall, the company's focus on personalized debt solutions and transparent pricing structure make them an intriguing option for those seeking to regain control of their finances.

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
  • Average Net Savings : Undisclosed
  • BBB Rating : A+
  • Fees : Undisclosed
  • Timeframe : Unavailable
  • Trustpilot Score : N/R
  • Customer Experience : Good
Selling Points
  • Reduced collection calls
  • User-friendly client portal
  • Industry-wide accreditations
Selling Points
  • Provides a free consultation
  • No upfront fees
  • Online Client Dashboard
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
  • Undisclosed
    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
  • Collection Accounts
  • Credit Card Debt
  • Medical Bills
  • Personal Loans
  • Private Student Loans
  • 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

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