DMB Financial is a debt relief company based in Beverly, MA. Since it was established in 2003, the company has helped over 25,000 clients and managed more than $800 million in debt. DMB Financial has an A+ rating with the BBB and is an accredited member of the AFCC (American Fair Credit Council) and the IAPDA (International Association of Professional Debt Arbitrators). 

How Does DMB Financial Work?

DMB Financial offers a performance-based service. That means they only charge clients a fee when they have settled a debt. That is an FTC requirement for all debt settlement companies but DMB Financial practiced this policy prior to the FTC ruling. According to DMB Financial’s own records, clients can expect to be debt free within 24-48 months. Of course, results vary from case to case. 

How Much Does DMB Financial Debt Settlement Cost?

DMB Financial charges customers 18% to 25% of the debt they help reduce. To illustrate, let’s say you own $20,000 in credit card debt and DMB Financial manages to negotiate with your creditors and reduce the debt to $10,000. Your fee would be $3,600 and $5,000.

How Is DMB Financial Better Than Other Debt Settlement Companies?

  • DMB Financial has been in business for over 10 years.
  • The company has an A+ rating with the BBB.
  • The company is an accredited member of the two main debt settlement trade associations: IAPDA and AFCC.
  • The company has a performance-based fee schedule.
  • The company provides free educational material and self-help tools.



  • Minimum Debt Owed
  • Debt Type
    Unsecured Debt
  • % of Debt Fee
    18% - 25%
  • No Monthly Consultancy Fee
  • Pricing Model
    Contingency Fee (% of enrolled debt)
  • AFCC Member
  • Contingency Model
  • Free Consultation
  • IAPDA Member
  • In-House Servicing
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