This is another debt settlement company with an “F” rating from the Better Business Bureau because of no response on a complaint. A failure to respond is a serious offense and should give one reason to question whether or not it is wise to do business with them. On the other hand, there has only been one in the last 36 months so one should investigate thoroughly before proceeding.

Quick facts about Debt Pointer / Debt Solutions:

Founded in: September 2001

Years in Business: 8

Number of employees: 3 (according to the BBB)

BBB Rating: F

BBB complaints: One in the last 36 months.

Free Information: You will find good information on their website and by calling their toll-free number.

Escrow or Payment Plan Available: They use Global Client Solutions, and NoteWorld Reporter in order to manage the money that you place into debt settlement.

Source of Funds: Your monthly payments.

Fee Structure: 15% of the total amount of debt that you enroll into the program. Their fee is paid over the course of 15 to 18 months which means that they do not collect up front which is a concern in doing business with debt settlement companies.

Avg Settlement: Not disclosed.

Refund Policy: Non given.

About the Company

Debt Pointer or Debt Solutions is located in both Hayward, California and El Paso, Texas. They have been in business for eight years which bodes well for recommending them as a debt settlement company.

Beginning the Process

Fill out a form on their website and by calling their toll-free number.

Types of Debt Serviced

Unsecured onl

Worth Noting

This company is only a “front end” organization for debt settlement. You will be transferred to another company which will actually handle the day-to-day business of settling your debts.

Program Caution and Your Responsibilities

Be sure to read all of the documentation that comes from them and understand your responsibilities before you sign up.

Will Debt Collectors Still Call?

Yes, but they work with you and your creditors in order to get them to cease.

Other Information

Debt Pointer and/or Debt Solutions acts as a “front man” for debt reduction. They clearly state that they use Settlement Corporation of America to handle your debt settlement activities. Then, they also will refer you to Debt Management and Counseling if you do not qualify for debt settlement. In this manner, they are trying to offer you all of the methods with which you can settle your debts. This is a company that is making the effort to give you what you need for debt reduction and that speaks well of their intentions and goals.