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Where does Debtmerica Relief do business?
Debtmerica Relief is a debt settlement company based in Santa Ana, CA. The company was founded in 2006 and offers debt relief services to borrowers in 40 states (and Washington, DC).
What does Debtmerica Relief do?
Debtmerica Relief offers debt relief services for the following types of debt:
- Unsecured debt, such as credit card debt, personal loans and medical debt
- Business debt
What does Debtmerica Relief charge?
Debtmerica Relief 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. Debtmerica Relief's fees start at 18% and go up to 24% of the enrolled debt depending on the amount of enrolled debt provided.
Debt relief service pricing / costs can vary greatly from one client to another so it's best to speak to Debtmerica Relief directly to determine an accurate quote.
Does Debtmerica Relief offer a guarantee?
Yes, Debtmerica Relief offers a money back guarantee. Visit their website for more details.
What is the minimum debt Debtmerica Relief will consider?Debtmerica Relief will only consider customers with unsecured debt of $10000 or more. Customers with less than $10000 of unsecured debt may benefit from a debt consolidation loan or credit counseling services.
Does Debtmerica Relief perform its own servicing in-house?
Yes, Debtmerica Relief employs its own in-house servicing staff who manage the process and negotiate settlements on behalf of their customers.
What accreditations does Debtmerica Relief 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).
- Debtmerica Relief is an accredited AFCC member.
- Debtmerica Relief is an IAPDA member.
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- Rhode Island
- South Dakota
- Contingency Fee (% of enrolled debt)
- Unsecured Debt
- Business Debt