DebtWave Credit Counseling Review

By Kevin Mercadante


DebtWave is a debt consolidation and counseling service that provides debt relief and education to people needing to manage their debt better. In addition to debt consolidation and counseling, DebtWave has a wide range of educational services available. These services are aimed at providing financial education so that you can learn how to manage and get out of debt.

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 (866) 352-1692


DebtWave was founded in 2001 with the goal of offering financial education to the public. Today, this company has evolved to provide one-on-one debt counseling and debt consolidation services to those who need it. The educational services are some of the most valuable features at DebtWave as they can help the public learn how to budget and to borrow money responsibly in order to avoid unmanageable debt. This company also works on your behalf to negotiate with your creditors to lower your interest, eliminate your late fees and combine your payments into a single, simple monthly payment.

Minimum Debt AmountMaximum Debt AmountFees
Not SpecifiedNot SpecifiedEnrollment fee not to exceed $75 and monthly service fee not to exceed $49

How it Works

DebtWave employs a team of certified credit counselors that will work with your creditors to lower your monthly payments, reduce interest rates and eliminate late fees. First, DebtWave will review the debts listed on your credit report and then collect further information about your monthly expenses and income. Based on this information, the counselors will determine if you qualify for their debt management program. In addition to debt management and consolidation, DebtWave will provide you with financial counseling so you can learn how to avoid debt in the future.


There are several counseling and educational services available including education for high school and college students, education for military members and general financial planning and management education. This company also offers student loan consolidation, a credit card debt calculator, debt to income ratio calculator and more financial planning calculators and quizzes. DebtWave offers a full range of debt and finance-related services to provide you with the best tools for managing and eliminating your debt.


DebtWave has received certification and accreditation from a variety of organizations such as CFC and BBB. In addition, DebtWave has received licensing in many different U.S. states.


The only fees at DebtWave are an enrollment fee and a monthly services fee. These fees can vary depending on your state of residence but generally the one-time enrollment fee will not exceed $75 and the monthly fee will not exceed $49. All of the financial and debt counseling services are provided at no cost.

Quality of Service

The service at DebtWave is first-class as you will receive one-on-one assistance from an experienced and professional debt counselor. Your counselor will work with you to help you reduce your debt and will teach you how to borrow responsibly and avoid any future debts. In addition to counseling, you can take advantage of one of the many financial education programs at DebtWave in order to learn more about budgeting, financial planning, debt management and other important financial topics.


9325 Sky Park Court #260

San Diego, CA 92123

Compare Top Debt Relief Programs

 (866) 352-1692


  About Kevin Mercadante

 Kevin Mercadante is a freelance professional personal finance blogger,
 and the owner of his own personal finance blog, He
 has extensive backgrounds in both accounting and the mortgage industry.
 Follow Kevin on Google+.


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