Estimated savings vary, depending on the amount you owe, the speed at which you make your deposits, and your creditors. No upfront fees: Like other reputable debt settlement companies, Freedom Debt Relief does not take any upfront fees.Ĭompetitive fees and results: Freedom Debt Relief has competitive fees of about 15-25% of your enrolled debt, depending on your state of residence. They are also certified by the International Association of Professional Debt Arbitrators.įree consultation: They offer a free debt consultation program to review your financial situation and see if you are a good match for their program. Top accreditation: The industry group, The American Fair Credit Council (AFCC), accredits Freedom Debt Relief. Freedom Debt Relief also does some private student loans and business loans on a case-by-case basis. Like other debt settlement companies, they do not handle secured debt, including mortgages and auto loans. They can help with credit cards, personal loans, store cards, and medical bills. Negotiate most unsecured debt: Freedom Debt Relief has a minimum enrollment of $7,500. They operate in 41 states and offer services through phone consultations. Freedom Debt Relief: Top Featuresįreedom Debt Relief offers a debt settlement program to help consumers in financial hardship negotiate debts with their creditors.Įstablished company: Freedom Debt Relief was founded in 2002. Clients regularly receive an added benefit of a monthly payment that is smaller than the monthly minimum amounts required by their creditors. To accomplish this, they negotiate with creditors to resolve their clients’ debts for a discount. Freedom Debt Relief is a leader in the debt settlement industry they have settled over $15 Billion in debt for over 850,000 consumers.
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