DMB Financial is a debt settlement company that handles credit card debt and other unsecured accounts. According to the company’s website, dmbfinancial.com, DMB Financial has helped more than 30,000 people resolve their outstanding debt. They work directly with their clients’ creditors in hopes of restructuring how much they owe and the timeframe in which they have to pay it. DMB Financial is headquartered at 500 Cummings Center #3800, Beverly, MA 01915 and can be reached at 866-865-6959.
DMB Financial Pros and Cons
A review on DMB Financial dated August 23, 2022 was conducted by investopedia.com. According to this review DMB Financial is a debt relief firm that claims to have managed over $1 billion in debt since its inception in 2003. Some positive aspects of this company is that they have a client portal that gives their clients the opportunity to track their debt settlement progress in real time and they are an accredited member of the American Fair Credit Council (AFCC). Some drawbacks that potential clients of DMB Financial should be aware of are that DMB Financial does not disclose their fees upfront, nor do they advertise a money-back guarantee and DMB Financial was accused of charging customers unlawful fees. Information from this review was gathered on July 10, 2023.
DMB Financial Cost
On November 26, 2022, a review by DMB Financial was conducted by bestcompany.com. According to this review DMB Financial charges a fee of 21.5 percent of the clients total enrolled debt. The average fee in the debt settlement industry is 15 to 25 percent of the clients enrolled debt. DMB Financial charges 18 to 25 percent on average, which is a slightly higher minimum fee than most competitors. However, the company does not charge an upfront fee, which is the industry standard. This information was taken on July 10, 2023.
BBB: DMB Financial Review
The Better Business Bureau is a nonprofit organization that collects and provides free business reviews to consumers and businesses in the US and Canada. You can visit the Better Business Bureau website to view the full DMB Financial review. On the BBB website as of July 7, 2023, DMB Financial received a score of 4.82 out of 5 out of a total of 381 customer reviews.
In Need Of Debt Relief?
When it comes to financial decisions it is best to explore your options and get a second opinion. Financial stress and debt can take a toll on your overall well-being. By seeking a second opinion, you gain peace of mind, knowing that you’ve explored multiple options and have chosen the best available solution for your needs. This can alleviate anxiety and provide a sense of control over your financial future. CuraDebt has been helping individuals and small businesses for over 22 years nationwide and is one of the oldest and most experienced in the debt relief industry. As of May 2023 CuraDebt received a score of 5 out of 5 on CustomerLobby for a total of 1179 customer views. CuraDebt is an Accredited Member of the American Fair Credit Council. Contact us toll free today for a free consultation. 1-877-850-3328. Not only do we handle personal debt relief, we also offer business debt relief and tax debt relief. Is debt relief a good option for you?
Explore the Pros and Cons of Debt Settlement before making a decision.