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Last Updated: 04/18/2025

DebtWave Debt Settlement

in Debt Help from DebtWave Credit Counseling Inc.

Last Updated: 04/18/2025

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Highlights

Minimum Debt Owed

$10,000

Settlement Fee %

15% - 20%(Verified 06/21/2024)
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Monthly Service Fee

$0(Verified 06/21/2024)
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DebtWave Debt Settlement Review

DebtWave Debt Settlement is a debt settlement company based in San Diego, CA. It offers debt relief services to borrowers in 0 state across the USA. Founded in 2001, it is a well-established company that has been in business for over 20 years.

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

DebtWave Debt Settlement FAQ

What does DebtWave Debt Settlement do?

DebtWave Debt Settlement offers debt relief services for the following types of debt:
  • Unsecured debt, such as credit card debt, medical debt, and personal loans.

What does DebtWave Debt Settlement charge?

DebtWave Debt Settlement settlement fees typically range from 15% of the enrolled debt up to 20% of the enrolled debt, depending on state regulations.
Debt relief fees and settlement terms can vary based on your state and individual circumstances, so it’s best to speak directly with DebtWave Debt Settlement for an accurate quote.

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?

No, DebtWave Debt Settlement partners with third party service providers who negotiate on behalf of the clients they enroll.

What accreditations does DebtWave Debt Settlement have?

The two main trade associations in the debt relief services space are the Association for Consumer Debt Relief (ACDR) and the International Association of Professional Debt Arbitrators (IAPDA).
  • 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?

DebtWave Credit Counseling Inc. was founded in 2001, it is a well-established company that has been in business for 25 years.
Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.

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Message from DebtWave Debt Settlement

Our goal is to help you pay off your debt and learn the basics of personal finance, so you’re financially empowered by the time you graduate our program.

Contact

Headquarters

9325 Sky Park Ct #260
San Diego, CA 92123
Visit Site

Hours of Operation

Sunday
Closed
Monday
7:00AM - 6:00PM
Tuesday
7:00AM - 6:00PM
Wednesday
7:00AM - 6:00PM
Thursday
7:00AM - 6:00PM
Friday
7:00AM - 6:00PM
Saturday
Closed

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