The Debt Group Logo
star star star star star_border
error This company may not service all states.
See states serviced
LAST UPDATED: March 28th, 2022

The Debt Management Group started in 1995 and is headquartered in Brooklyn, New York. The company claims to work with an experienced and highly qualified team of financial consultants that have spent their whole careers assisting customers with debt relief, money management, and budgeting. The Debt Management Group also boasts flexible plans that work with each customer's unique situation. 

Customers can choose from a variety of services like debt management, consolidation, settlement, and credit counseling. Pricing information is not provided on the website, and the company is not IAPDA or AFCC accredited. Additionally, it is unclear if they are FTC compliant.

Top Ranked Companies


The Good

  • Debt Settlement
  • State Availability
  • Long Time in Business
  • Free Consultation
  • Live Chat
  • Debt Calculator

Debt Settlement

The Debt Management Group analyzes each customer's unique situation, and suggests the best plan to fit his or her needs. Some programs can last 30 months, and others, three months (depending on how much people choose to pay for the monthly payments).

Interest rates start at zero percent. The company aims to help people reduce their debt-to-income ratio, and pay off all of their debts in less than five years. The company offers several past customer testimonials that prospective clients can explore.

State Availability

While the company is based in Brooklyn, NY, its services are also available in New Jersey, Ohio, Minnesota, Connecticut, throughout New York, and regionally. Additional state availability information is not provided.

Long Time in Business

The company has been in the industry longer than most others, starting in 1995.

Free Consultation

Standard to the industry, Debt Management Group offers a free consultation to those interested. Debt relief experts offer helpful consulting tips, and answer settlement, consolidation, management, and general questions during the call.

Live Chat

Customers can enjoy a live chat feature right on the website. With this feature, customers can receive immediate answers to questions. Many companies in the industry do not offer this feature.

Debt Calculator

The company offers a free debt calculator that allows customers to calculate estimated interest amounts, and the length of time it will take to pay off the debt.


The Bad

  • Pricing Not Given
  • Not Accredited
  • Minimum Debt Requirement
  • Negatively Impacts Credit Score
  • Programs Not Explained

Pricing Not Given

The company's website lacks some key information, including pricing and costs. It is unclear what percentage of the total enrolled or saved debt that The Debt Management Group charges. Pricing information would be extremely helpful to know when exploring different debt settlement options.

Not Accredited

Debt Management Group is not AFCC, or IAPDA accredited. It is unclear whether or not the company is FTC compliant.

Minimum Debt Requirement

The Debt Management Group requires $10,000 of debt enrolled to qualify for their services.

Negatively Impacts Credit Score

The website states that debt settlement will negatively affect one's credit score, since the payments will no longer be made to the creditors.

Programs Not Explained

The Debt Management Group's debt relief programs are not explained in depth. In fact, each debt relief option is described only briefly, and no specific concrete details are provided. Again, this information is important to know when exploring different company programs. 


The Bottom Line

The Debt Management Group has been in the industry since 1995. Customers receive a free consultation, a debt calculator, and a convenient live chat feature on the website. Customers who are having trouble making the minimum monthly payments on their unsecured debt can explore The Debt Management Group's debt settlement program. However, the company lacks AFCC and IAPDA accreditation. The website lacks information on costs and fees. We recommend looking into a more transparent and accredited company.

View Best Debt Relief Companies

Was this content helpful?
thumb_up Yes thumb_down No

Star Rating


star star star star star_border

8 Reviews

Review Breakdown

5 grade


4 grade


3 grade


2 grade


1 grade


Sentiment Criteria


star star star star star_border


star star star star star_border


star star star star star_border


star star star star star_border

Filter by:


Sort by:

star star star star star

Mr. Owens Augusta, GA

I was award $30,000 from a creditor based on a $2000 debt. After settling with my Laywer and paying taxes I received a check for $17000 and the creditor voided the remaining debt and removed that account from my credit report. The Debt Management Group is the real deal and a great team of people that aren’t after your money. In fact after 5 months I had to leave the debt settlement program to avoid termination by my employer because it doesn’t support debt settlement process and they do periodic credit checks. The Debt Management Group still worked on my behave to settle the accounts that were already in progress. Their is no doubt if I remained in the program I would have received another check for a equal or greater amount and my other accounts removed from my credit report.

4 years ago

star star star star star

Shawna C Seattle, WA

OMG I can't believe how much they have helped me. I was in debt for legal fees and had to use credit card to live. When I first went into the program they told me not to worry everything will turn out great. I was a little worried as my credit would be low/bad. With debt over $20k I ended up settling with all creditors and walking away with a winning of a lawsuit of $36k. Debt free, stress free and just a simple monthly payment. I feel to grateful for them.

4 years ago

star star star star star

Alyssa Hampton Bays, NY

I signed up for a 24 month program with The Debt Management Group and was able to get out of all of my debt in 21 months. They did a great job and beat there initial estimates by 3 months. Anytime I had any questions I was able to reach them and the enrolling agent even gave me his cell phone number to contact him in off hours. I would recommend this company to anyone in need.

4 years ago

star star star star star

Brian Klaung Caledonia, IL

Debt Management Group did an excellent job negotiating my debt with six creditors. Reduced my debt by thousands. Their team was professional and supportive. I would highly recommend them to anyone wanting to get out of debt quickly and safely.

3 years ago