Last Updated: 04/18/2025
DebtWave Debt Settlement
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Last Updated: 04/18/2025
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Highlights
Minimum Debt Owed
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DebtWave Debt Settlement Review
Key Takeaways
- Minimum debt balance of $10,000. DebtWave Debt Settlement only considers clients who have at least $10,000 in debt. This is a typical requirement for most debt settlement companies.
- Not accredited by the ACDR or the IAPDA. DebtWave Debt Settlement is not a member of the Association for Consumer Debt Relief (ACDR), which is the major trade association for the debt settlement industry. Furthermore, it does not invest in the accreditation of its debt resolution specialists by the International Association of Professional Debt Arbitrators (IAPDA) either.
- Well-established company. DebtWave Debt Settlement has been in business for 25 years.
- Only available in some states. DebtWave Debt Settlement is only available in states.
DebtWave Debt Settlement Pros & Cons
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DebtWave Debt Settlement FAQ
What does DebtWave Debt Settlement do?
- Unsecured debt, such as credit card debt, medical debt, and personal loans.
What does DebtWave Debt Settlement charge?
Does DebtWave Debt Settlement offer a guarantee?
No, DebtWave Debt Settlement does not have a money back guarantee. Some debt settlement companies advertise a money-back guarantee that typically states you won't be charged until your debt is settled. However, it is illegal for debt settlement companies to charge upfront fees before an account is settled. So these guarantees offer little added value to consumers.What is the minimum debt DebtWave Debt Settlement will consider?
DebtWave Debt Settlement is recommended for customers with an unsecured debt of $10,000 or more. Customers with less than $10,000 of unsecured debt may benefit from a debt consolidation loan or credit counseling services.Does DebtWave Debt Settlement perform its own servicing in-house?
What accreditations does DebtWave Debt Settlement have?
- DebtWave Debt Settlement is not an accredited ACDR member.
- DebtWave Debt Settlement is not an IAPDA member.
Is DebtWave Credit Counseling Inc. a legit company?
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