Freedom Debt Relief Customer Reviews

If you’ve lost all handle on your debts and don’t know where to turn, debt relief may be an option for you short of bankruptcy, which you seriously want to avoid. But you’ll need help from an established, reputable program. Let’s see what Freedom Debt Relief customer reviews have to say about that company.

What is Debt Relief?

Let’s make sure that’s squared away. It’s a proven financial strategy wherein you hire a company such as Freedom Debt Relief to negotiate with your creditors to settle your unsecured debts for a portion of what you owe. Why would they do that? They know that your next step likely would be bankruptcy, in which case they’d get zilch.

How Does it Work?

Freedom Debt Relief will ask you to deposit funds monthly into a dedicated savings account that you control. When you’ve accumulated enough cash, the company’s experienced – Freedom Debt Relief has been around since 2002 – negotiators will start dealing with your creditors. You must have at least $7,500 in debt from sources such as credit cards, medical bills or personal loans.

Once each debt is settled, the creditor will receive a single payment from your account and that’ll be it for that debt. The process continues until all your obligations are satisfied. It takes between 24 and 48 months, although the initial debt is typically settled within a few months. 

We’ll look at some Freedom Debt Relief reviews in a bit to see what’s said about the process and the company.

What About Fees?

What will cost you more is to do nothing or get ripped off by some company with nefarious intentions. Having said that, Freedom Debt Relief charges between 18% and 25% of enrolled debt.

One of the things that’s good about Freedom Debt Relief is that it will make sure you understand everything about its fee structure up front; you won’t have to worry whether you’ve fallen into some sort of scheme. In that same vein, Freedom won’t ask you for any funds up front — before it’s settled a single debt. That’s the law, by the way, and another sign you’re dealing with a reputable company.

Is Freedom Debt Relief a Proven Company?

I’ll say so. It’s 19-years-old, after all, a lifetime in this industry. Scam companies tend to get drummed out. It’s also a member of the American Fair Credit Council, which it helped found, and the International Association of Professional Debt Arbitrators.

The nation’s largest debt settlement company, Freedom Debt Relief has settled a whopping $10 billion in debt.

Customer Reviews

Here’s what a few verified customers have to say about Freedom Debt Relief:

• Deborah of San Francisco: “I’m so grateful to the staff of Freedom Debt Relief. It’s been a struggle at times, but it also has been a positive crossroad to knowing in just a few more years, I can look back and be proud of what I have now accomplished in my life.”
• Andrea of Gates, N.C.: “I have had an excellent experience with FDR. They listened, got me where I needed to be, and stuck with me the entire time. It has been a journey worth taking.
• Kenneth: “This program is excellent. Had my first settlement in a month and a half. The payments are about half of what I was paying.”
• Bridgette: “Bad things happen to good people … life not going the way we plan, defying all of what good stewardship is about. …I have learned valuable lessons, and grace and mercy are prevailing! [What’s] the good thing that’s happened to this good person? Freedom Debt Relief.”

When perusing those few Freedom Debt Relief customer reviews, could you relate? Bet you could. Give the company a call today.