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|Community Rating||Strongly recommended|
|% of Debt Fee||N/A|
|Minimum Debt Owed||$7,500|
Debt Point Review
Where does Debt Point do business?
Debt Point is a debt settlement company based in San Antonio, TX. The company was founded in 2002 and offers debt relief services to borrowers in 50 states (and Washington, DC).
What does Debt Point do?
Debt Point offers debt relief services for the following types of debt:
- Unsecured debt, such as credit card debt, personal loans and medical debt
What does Debt Point charge?
Debt Point operates on a contingency fee basis. Companies operating under a contingency fee model charge fees that are based upon a percentage of the debt at the time the consumer enrolled; occasionally they are based on a percentage of the savings negotiated by the debt-settlement company. Across the industry in general, debt settlement clients typically see a 45% to 60% reduction of their enrolled debt.
Debt Point charges fees for their service but they do not disclose their specifc rates.
Debt relief service pricing / costs can vary greatly from one client to another so it's best to speak to Debt Point directly to determine an accurate quote.
Does Debt Point offer a guarantee?
No, Debt Point does not offer a money back guarantee.
What is the minimum debt Debt Point will consider?Debt Point will only consider customers with unsecured debt of $7500 or more. Customers with less than $7500 of unsecured debt may benefit from a debt consolidation loan or credit counseling services.
Does Debt Point perform its own servicing in-house?
No, Debt Point partners with third party service providers who negotiate on behalf of the clients they enroll.
What accreditations does Debt Point have?
The two main trade associations in the debt relief services space are the American Fair Credit Council (AFCC) and the International Association of Professional Debt Arbitrators (IAPDA).
- Debt Point is an accredited AFCC member.
- Debt Point is an IAPDA member.
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia