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A more complete debt settlement calculator


DebtXS

7668 Warren Pkwy Ste 325
Frisco, TX 75034
Other Business Names: Debt Relief Options (debtreliefoptions.com)
Summary of Business: Debt Settlement, Debt Negotiation Number of BBB Complaints as of 6/17/08: 179
Members of BBB: No
BBB Profile
Business Start Date: January 1998
Number of Employees: ~150
Trade Organization Memberships: EFA, Hispanic Chamber of Commerce, Greater Dallas Chamber of Commerce, and the Association of Credit and Collection Professionals

Fees


What is the total fee for the program?


15% of the total debt enrolled in the program

Over how many months is the fee paid?


12-15 months

Do you have a set up fee?


Yes (1-3 down payments)

Do you have a money back guarantee?


N/A

Do you charge a fee based on how much I save?


No

Eligibility


What type of debt do you work with?
N/A

What is the minimum total unsecured debt one must have in order to qualify?
$10,000.

Does a client need to include all of their unsecured debt in the plan?
N/A

Services


Do you do the negotiations yourselves?


Unclear from the website, although there is a link to EFA Processing, which is a company that provides customer support and negotiation services for the settlement arena. It also appears that this organization is directly associated with Debt XS.

If not, who is the company you use for negotiations?


N/A

Creditor Calls


Do you send a Power of Attorney to notify the creditors that a client is enrolled in your program right away?


N/A

Do you send a Cease & Desist letter to my creditors?
N/A

Can I change my phone number & address to your company�s phone number and address?
Yes

Do you have a consumer advocacy group help me with calls?
Yes

Miscellaneous:

DebtXS Makes Entrepeneur Magazine�s List of Fastest Growing Companies in U.S.



�DebtXS is a recognized leader in the debt settlement/negotiation industry and was recently ranked number 17 on Entrepreneur magazine�s Hot 100 list of the fastest-growing companies in the United States.�

Debt XS Named One of Nation's Fastest Growing Companies


Debt XS fined by State Attorney General



DebtXS of Dallas / Frisco, Texas allegedly used tactics to conceal fees for debt reduction and payoffs with creditors
Debt XS Texas Attorney General

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(Disclaimer: In no way should this be construed as a formal statement made by the company about the services it offers. Moreover, although an effort has been made to keep this information up to date and accurate, in no way is this a comprehensive overview of the company profiled. For complete information, please contact a representative from this company.)

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