DMB Financial has successfully settled over $353 million for their clients during the 12 years they've been in business. Available in 49 states, they bring a lot of experience to the table. The company is accredited with the AFCC and the IAPDA, which is helpful to consumers looking for a company they can trust. However, DMB has not disclosed information about pricing or debt minimums.
- AFCC & IAPDA accredited
- Available in 49 states
- 12 - 36 month program length (short for a settlement plan)
Available in 49 States
DMB is one of the few debt settlement companies that is available in nearly every state, making them an option for many more customers than some of their competition. This also shows a long-term commitment to the industry.
DMB Financial works with clients to establish a budget plan by organizing monthly expenses, income accounts, long term savings, employment status, stress levels, and any past due credit card payments. The company strives to find a number that is both lower than current payments and wide enough to build a program that will help the individual out of debt. Typical clients have seen over 50 percent of their debt written off in as little as 36 months. Additionally, the company offers a "refer a friend" program where the person who refers another person who also signs up will receive a $200 award. The client can use this toward the settlement or keep the cash.
Many customers look to industry accreditations to show the legitimacy and commitment of a business. The commitment of DMB Financial is proven by their AFCC and IAPDA accreditations, suggesting that this is a company committed to doing things the right way.
Customer reviews seem to indicate that the company takes care of their clients, both in terms of customer support and in services rendered. Additionally, it is worth noting that DMB was recognized as a "Top Debt Professional" by Forbes Magazine.
- Overall lack of transparency
- No personal consultant
Overall Lack of Transparency
DMB Financial does not disclose any information in regards to pricing or debt minimums on its corporate website. This lack of transparency can be frustrating for consumers trying to decide if DMB is the right debt settlement company for them and their needs.
No Personal Consultant
Some debt settlement companies will provide a personal consultant to assist each customer through the settlement process. However, DMB Financial does not offer this service.
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The Bottom Line
DMB Financial is accredited with the AFCC and the IAPDA and is available in 49 states. However, the company does has not disclosed pricing information or debt minimums, making it difficult for interested customers to know exactly what the company offers. We suggest investigating this company further before choosing to use their services.
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