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PROS: Fully accredited with industry organizations, high customer satisfaction.
CONS: High fees and low reduction rates mean this may not be best value service.


Debtmerica has a good reputation in the industry as being an ethical and transparent practice, but their high fees and low results mean they may not be the best choice when it comes to debt settlement partners.


One of the most important factors you should consider when deciding on a debt settlement company is the costs associated with the settlement process. Debt settlement ends up staying on your credit report for up to seven years, so you want to make sure that it is financially worth the cost. A range of different factors contribute to the settlement process costs. You need to factor in the total amount reduced from your debt owed, as well as the fees you’re responsible for paying if a settlement is agreed with your lenders.

It is impossible to know if a settlement will be reached, and if so, how much that settlement will be for. Avoid any companies that guarantee a certain settlement percentage. On average Debtmerica Relief are able to reduce their clients debt by 29% (fees inclusive)  — not an overly impressive figure given that many industry leaders reduce debt up to 35%. The fees you pay to Debtmerica are not specified but depend on a range of different factors including your financial situation and the amount of money you owe. Debtmerica’s fees are thought to be around the industry average. You’ll want to make sure that it is worth undertaking their services by considering their average reduction rate and the fees they charge you. It is important to note there are no upfront fees, you only have to pay if a settlement is agreed with your lender.

Eligibility and Process

Another downside to Debtmerica is their high eligibility requirements. To benefit from their services, you are required to have $10,000 in unsecured debt. This is quite a high figure considering there are industry leaders that have no minimum debt requirements. This being said, if you have a large amount of debt you need settled, this may not be an issue. In terms of debt types, unsecured debt includes any form of credit card debt, medical bills, private student loans, and collections – head to their website for a full list of eligible debt types.

Once you determine if you have a basic level eligibility, call their hotline and speak to a debt advisor regarding your eligibility for their programs. Once they determine your eligibility, a fund will be set up in your name to help you start saving money for the settlement process. As Debtmerica Relief begin negotiating with your lenders regarding settlement, you will be placing monthly payments into an account that can be used for negotiation purposes. Once there is enough money in your account, it will be used to pay off a settlement if one is agreed with your creditors. It is important to note that a settlement is never guaranteed, and the process often takes between 2-4 years. If a settlement is rejected, you will be given all the money in your account – there is no fee if no results are made.

Customer Satisfaction and Experience

One of this company’s big draw cards is their customer satisfaction levels. Despite not having as large of reduction rates as many competitors, they have a great reputation on various consumer watch-dog sites. They also go to great lengths to explain the entire settlement process on their website – make sure to read their available information before deciding on the debt settlement process.

Company Information and Certification

The company is fully accredited with the IAPDA and AFCC – two regulatory bodies for the debt settlement industry. They’re not government organizations but they have a great reputation when it comes to ensuring their member companies adhere to ethical standards. They also offer various educational resources to ensure their member companies are up-to-date with industry practices.


Debtmerica Relief is a solid option in the world of debt settlement. They have a great reputation with their client base and they’re accredited with the top regulatory bodies in their industry. The only downside is that their overall reduction/fee ratio means they are not the best value company in the market. If you’re looking purely from a ‘price-point’ perspective, there are better options.