September 23, 2021

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Are Freedom Debt Relief customers satisfied?

US dollar debt relief

You’ve probably seen reviews on Freedom Debt Relief extolling the work the company has done over nearly 20 years to get people out of debt and give them a fresh start. Such reviews abound. But are Freedom Debt Relief customers satisfied? Let’s take a look.

What is debt settlement?

Let’s get it right. Debt settlement, also known as debt cancellation, involves hiring a company like Freedom to negotiate with credit card issuers and other creditors to allow you to pay less than you owe to pay off your debt.

Financial strategy is also a way to avoid failure, which is why your creditors are inclined to work with you. They know they won’t get anything if you follow that storage.

Are the freedom of debt relief respectable?

Since the debt settlement industry has more than its share of bad apples, that’s a good question to ask. The answer? Absolutely. The company has not only been in business since 2002, but is also a member of the American Fair Credit Council and the International Association of Professional Debt Arbitrators.

To date, Freedom Debt Relief has served more than 650,000 clients and resolved over $ 10 billion in debt. More than $ 200 million in debt is settled monthly.

What do customers say?

If you are considering debt settlement, you should take a look Freedom Debt Relief Reviews. There is nothing like hearing directly from those who have dealt with the pioneer of debt cancellation. Here are some customer reviews:

  • Molly: “It is a huge relief and a great release to know that you are putting your life in order. The Freedom program has given me a sense of stability. “
  • Alejandra: “I feel there are so many possibilities and options for me now that I didn’t think I had before. I finally feel that I am doing something to help myself and I have the right team behind me. “
  • Nicole: “I didn’t realize how trapped I was until I was free. Without Freedom, I would be in a position from which I don’t know if I could ever get out ”.
  • Lennell: “Debt relief for freedom started on two out of three deals for me. I am so grateful to the Freedom Debt Relief team. They are saving me a huge amount of money! “

How does the FDR program work?

The company will review your financial situation with you and discuss your options. You must have at least $ 7,500 of unsecured debt such as from credit cards, medical bills, or personal loans.

You will be asked to deposit funds monthly into a federal escrow account that you control. After saving enough, Freedom’s experienced negotiators will go to each of your creditors and try to strike a deal. With each transaction, the creditor will be paid from your account. The process continues until all your debts are settled.

How much does freedom cost?

When you pay off your debt, the company will charge you a charge based on the amount of debt recorded and the state you live in. You will pay between 15% and 25% of your paid debt. The average amount is 21.5%.

Unlike some scam companies that mainly want to part with your money, Freedom Debt Relief will clearly explain the debt cancellation process and how its fee structure works. Furthermore, you will not be asked for payment before the debts are paid off successfully. This is the law, even if some bad actors don’t follow it. Stay away from those.

So, are Freedom Debt Relief customers satisfied? Honestly, you can’t please everyone, but there are dozens of satisfied FDR customers who are now living their best, debt-free lives. Don’t you want to be in that number? Call Freedom today.