Last Updated: 04/18/2025
SuperMoney User Recommendation Score -20
Mostly not recommended5 total votes
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Highlights
Community Rating
Mostly not recommended
Minimum Debt Owed
$5,000
Settlement Fee %
60% - 70%(Verified 06/21/2024)
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Monthly Service Fee
$0(Verified 06/21/2024)
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Number of Reviews
Vantage Acceptance Review
Vantage Acceptance is a debt settlement company based in Woodland Hills, CA. It offers debt relief services to borrowers in 50 states (and Washington, DC). Founded in 2009, it is a well-established company that has been in business for over 10 years.
Key Takeaways
- Low debt minimum. Vantage Acceptance stands out from the competition because it only requires clients to have a minimum balance of $5,000. Most firms require at least $10,000 of unsecured debt.
- ACDR and IAPDA accredited. Vantage Acceptance is a member of the Association for Consumer Debt Relief (ACDR), which is the largest trade association for the debt settlement industry. It also employs debt resolution specialists that have been trained and accredited by the International Association of Professional Debt Arbitrators (IAPDA).
- Well-established company. Vantage Acceptance has been in business for 17 years.
- Only considers unsecured debts. Vantage Acceptance will only settle unsecured debts. These include credit card accounts and personal loans.
- Available in most states. Vantage Acceptance is available in 50 states, and Washington, DC.
Vantage Acceptance Pros & Cons
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Vantage Acceptance FAQ
What does Vantage Acceptance do?
Vantage Acceptance offers debt relief services for the following types of debt:
- Unsecured debt, such as credit card debt, medical debt, and personal loans.
What does Vantage Acceptance charge?
Vantage Acceptance charges a settlement fee based on the debt handled. Instead of monthly payments or upfront fees, Vantage Acceptance only collects a fee once a settlement has been reached. Fees are calculated as a percentage of the enrolled debt and may vary by state. Across the industry, debt settlement clients typically see a 45% to 60% reduction of their enrolled debt before fees.
Vantage Acceptance settlement fees typically range from 60% of the enrolled debt up to 70% 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 Vantage Acceptance for an accurate quote.
Does Vantage Acceptance offer a guarantee?
No, Vantage Acceptance 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 Vantage Acceptance will consider?
Vantage Acceptance is recommended for customers with an unsecured debt of $5,000 or more. Customers with less than $5,000 of unsecured debt may benefit from a debt consolidation loan or credit counseling services.Does Vantage Acceptance perform its own servicing in-house?
No, Vantage Acceptance partners with third party service providers who negotiate on behalf of the clients they enroll.
What accreditations does Vantage Acceptance 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).
- Vantage Acceptance is an accredited ACDR member.
- Vantage Acceptance is an IAPDA member.
Is Vantage Acceptance Inc. a legit company?
Vantage Acceptance Inc. was founded in 2009, it is a well-established company that has been in business for 17 years. Vantage Acceptance is mostly not recommended by SuperMoney community users.
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Message from Vantage Acceptance
Contact
Headquarters
Hours of Operation
Sunday
Closed
Monday
7:00AM - 5:00PM
Tuesday
7:00AM - 5:00PM
Wednesday
7:00AM - 5:00PM
Thursday
7:00AM - 5:00PM
Friday
7:00AM - 5:00PM
Saturday
Closed