Debtmerica assists clients is negotiating and planning debt settlements. We found customer service to be helpful and knowledgable. We recommend reading further into our review for more information regarding Debtmerica.
Read these slides or visit http://bestdebtcompanys.com/settlement/debtmerica/ for our full review of this company.
2. Who They Are!
Debtmerica is dedicated to giving you a low monthly
payment so you have an alternative to bankruptcy. !
!
They brag certifications and accreditations in the
industry as well as various awards.!
!
4. Awards, Accreditations, &!
Association Memberships!
• TASC!
• IAPDA!
• One of the 500 Fastest Growing Companies for
2009 and 2010.!
• Ranked 4th in the Orange County Business Journal
for “Best Places to Work in Orange County”, and #3
“Fastest Growing Private Company”!
5. Do They Offer Debt!
Management Resources?!
They unfortunately do not offer much at all on their
website. !
• Debt News!
• FAQ’s which is actually quite extensive!
6. How it Works!
• Fill out a free consultation form on the website, or
call in to customer service!
• Get a call back from an agent!
• Find the right payment plan for you!
• Deposit funds into the trust account that has been
set up for you!
• Let Debtmerica negotiate with your creditors!
• Become debt free in a short time!
7. BBB Rating!
• A Rating!
• There have been no complaints in the last three
years.!
8. What Do They Charge?!
You can expect to be charged 21% to 22% on the
total amount of debt you owe when you enroll. !
9. Do They Have a Refund!
Policy?!
This is a non profit debt consolidation company, and
although they will not refund you money from past
months on the program, you can end your participation
at any time if you choose with no fees. !
!
Be advised that doing this will mean that your creditors
are no longer held to the agreement they made with
Money Management International.!
10. Are They Active on Social!
Media?!
• Facebook – last update March 2014!
• Twitter – last Tweet June 2014!
• YouTube – last video 4 years ago!
11. Other Ways to Connect!
You can see the different kinds of press that has
covered Debtmerica, as well as staying up to date on
debt news.!
12. The Good!
• Great Customer Service!
• Free Consultations!
• Partnered with Credit Karma!
• No Upfront Fees!
• Active on Social Media!
13. The Bad!
• Very limited education resources available!
• Their fee seems a bit higher than other companies
we have reviewed!
• They charge on the amount you owe, not the
amount you save or are left paying your creditors!
14. The Bottom Line!
We had a good customer service experience with
Debtmerica; the agent we spoke to was very concise
and friendly. You may want to consider this company,
along with others, but there is nothing that stands out
to us that this would be a phenomenal company to
work with. They seem very average and we are
disappointed by the lack of consumer education
resources they offer.!