Are your unsecured debts getting out of control? Debt settlement programs with a company like Freedom Debt Relief may help you pay off your debts more rapidly and achieve debt-free status.
But with all the controversy surrounding debt settlement, is Freedom Debt Relief honest?
Yes, it is – here’s proof.
Freedom Debt Relief
Freedom Debt Relief reviews lauds the company’s longevity (it has repaid over $10 billion in debt) and client-centered approach. However, as some individuals have learned, debt negotiation may have a negative effect on your credit history.
Founded by Brad Stroh and Andrew Housser, Freedom Debt Relief provides debt settlement services and financial education. Applicants must have at least $15,000 in unsecured debt. Its fees vary by area and range between 15% and 25%. Though user credit suffers in the short term from the way the process works, a 2020 study conducted by Freedom Debt Relief discovered that most consumers’ credit scores recovered within 24 to 45 months.
The Reputation of Freedom Debt Relief
Stroh and Housser founded the company to help individuals erase debt by decreasing the amount owed. Since 2002, Freedom has assisted hundreds of thousands of people. In fact, the company has successfully handled far more debt settlements than any of its competitors and currently has over 650,000 individuals enrolled.
Unfortunately, the debt reduction sector is replete with fraudsters and companies that make false claims. For instance, some debt relief organizations may attempt to collect fees in advance of providing services, or they may enroll you in their program without describing the risks.
As a result, the Federal Trade Commission (FTC) suggests that you conduct a background check on debt relief organizations with your state Attorney General and local consumer protection agencies before to proceeding.
Freedom Debt Relief Reviews are 4.6 out of 5 stars across over 35,000 Trustpilot reviews. The American Fair Credit Council also accredits the company.
Advantages of Seeking the Services of Freedom Debt Relief
- Certified Debt Consultants assist you in negotiating and settling your debts: Freedom Debt Relief employs Certified Debt Consultants with debt settlement experience. These professionals have extensive experience assisting clients in resolving their debts and moving on with their lives.
- With the client dashboard, you may monitor your progress in real time: Freedom Debt Relief provides a client dashboard that enables you to log in and monitor the status of your debt settlement 24 hours a day. This may be quite beneficial for anyone who wishes to monitor the progress of their plan in real time. Additionally, keep in mind that not all debt relief companies provide an internet gateway.
- There are no upfront settlement costs: You will not be required to pay any costs up front after you enroll in the program. You will only be charged a percentage of the debt paid, and only if you obtain results.
Freedom Debt Relief provides customer assistance via phone or email. Customer support representatives are available seven days a week, from 8 a.m. to 9 p.m. on Monday through Thursday, from 8 a.m. to 8 p.m. on Friday, and from 10 a.m. to 8 p.m. on Saturday and Sunday. Monday through Friday, from 8 a.m. to 11 p.m., and Saturday and Sunday, from 9 a.m. to 9 p.m., Certified Debt Consultants are available.
While this organization does not offer an online chat option, its online client dashboard distinguishes it. You can access the client dashboard at any moment to manage your account, add documents, and follow your progress. This one of the reasons why Freedom Debt Relief reviews are always glowingly compelling.
How Much Does It Cost to Acquire the Services of Freedom Debt Relief?
Freedom Debt Relief charges between 18% and 25% of the original loan amount. The precise percentage varies according to the amount of debt enrolled and the state in which you live. The business does not charge you in advance. Rather than that, they bill you when each obligation is settled.
In case you were asking yourself “Is Freedom Debt Relief Reputable?” You now have the answer.
Subscribe for Updates
How to Combat Dry Skin in Winter?
An MBA after a BBA Course – Debunking the Myths
What Is Social Entrepreneurship: How Entrepreneurs Become Agents of Change
Credit Card EMI Calculator: Check Minimum Due Payment in 3 Quick Steps
Scared Of The Crypto Scams? Here Is What You Need To Do
Everything About a Payment Gateway and How Does It Work?
Crypto Exchanges: Everything You Need To Know About Them
Some Facts You Should Know About Cryptocurrency
6 Best Workout Motivation Tips to Get You Exercising Again
10 Digital Investment Trends to Look For in 2022
How to Add More Green to a Workspace for Better Productivity
100+ Short Inspirational Quotes to Fire You Up
5 Self Improvement Tips For Everyone Who Feels Trapped By Stagnation
Why Does a Credit Score Matter?
6 Ways to Set Up a Comfortable and Inspiring Workspace at Home
How Yoga Can Improve Your Holistic Health: Facts & Benefits
6 Great Ways to Ensure an Unforgettable Family Road Trip Post-Pandemic
How to Stay Safe During Online Learning and Teaching
Short Videos to Share Motivational Quotes
A Complete Guide to Content Marketing In 2021
Health3 years ago
Health is Wealth | Top 10 Health Quotes (Images) to Inspire You to Live a Healthier Life
Quotes6 years ago
50 of the Most Powerful Quotes of All Time
Quotes7 years ago
50 Zig Ziglar Quotes that Will Inspire You to Succeed
Quotes3 years ago
83 Motivational Chinese Proverbs, Quotes & Sayings on Life and Success
Quotes6 years ago
33 Inspirational Quotes about Strength and Courage
Quotes6 years ago
Top 50 Buddha Quotes to Enlighten Your Mind
Quotes6 years ago
37 Awesome Quotes That Will Inspire You To Take Risk
Success3 years ago
25 Best Self-help and Personal Development Books