Freedom Debt Relief Reviews - What Is It?

DO NOT USE Freedom Debt Relief!!! You Must Read This Review!
Fully Researched: Price, User Feedback and More!

Freedom Debt Relief

Freedom Debt Relief is a company that was founded in 2002 by Stanford Business School graduates Bradford Stroh and Andrew Housser. It claims to help you resolve your debts in just 24-48 months, so you will avoid declaring bankruptcy. The company has already helped their customers to resolve more than $2 billion in debt since its founding. It is more than that resolved by any other company in the country. Freedom Debt Relief promises to provide you with financial independence and stop that endless debt cycle? Let's see how their programs actually work. If you cannot make your monthly payments on unsecured debt, there is only one way out- to reduce the debt amount and to resolve it in as little as 24-48 months with low monthly payments. There are at least five steps Fresh Start Program does to accomplish this.

First, a debt specialist will study your debt and provide you with possible options. In some examples, this company may not be the right solution for you, and you may need to refer to other companies. Second, Freedom Debt Relief customizes your debt program to your individual needs, as well as gives you all the important information depending on your needs. Depending on how much you are able to pay each month, you will be notified of your possible savings and program length. When the program is selected, you will start putting funds into an FDIC insured account every month. You will have to maintain control of your account all the time and use it to repay your debts. At the same time, you will have to stop using your credit cards, which will increase your FDR's ability to resolve your debts. The money will accumulate in your account, and the company will contact your debtors to pay off your debts.

Customer Reviews - Does Freedom Debt Relief Really Work?

According to the official website of Freedom Debt Relief, their services are the most suitable for people with serious debt problems, who are credit counseling or considering bankruptcy because of their inability to maintain payment obligations. It means that you need to be in a really dire situation. However, it should be kept in mind that the company can only work with unsecured debt (e.g. medical bills, credit cards, etc.) that is not backed by collateral (e.g. home or auto loans). The main advantage of their services is that the Freedom Debt Relief will negotiate all the settlements for you. You will not need to you're your debtors in person. According to the company's official website, they will approach them with large portfolios of accounts including yours. As soon as your debts have been resolved, your program will be considered complete.

Online Customer Reputation seems to be positive in general. A lot of online reviews can be found at such websites as,,, etc. Freedom Debt Relief, LLC is based out of San Mateo, CA. The most common compliments cite that they have helped to reduce the amount of debt and to pay off its remaining part. The users of the program are pleased with the work of the customer service. On the other hand, there are also some complaints. The most common ones referenced too much time needed to settle debts (the website says it can take 24-48 months). The company holds a B+ Better Business Bureau rating with numerous positive reviews and few complaints. In order to avoid any problems or difficulties while following the program, it is recommended to strictly follow your representative's directions. If you do everything as recommended, you are expected to forget about your debts soon. It would be a wonderful idea to take a look at the testimonials left by real customers of the Freedom Debt Relief. Fortunately, a lot of people share their experience of working with this company online. Here are some of their reviews.

"I had a perfect experience working with Freedom Debt Relief. The representative I worked with knew his job really well. I was recently notified that one of my debts was paid off with almost 50% reduction. It was a very pleasant feeling to realize that I got rid of one debt. At present I am paying off the second debt. I want to admit that the staff has been so kind answering my questions and listening to my concerns. There people know what to do and how to do it. Great customer service. Thank you again, guys."

"My husband insisted that we do the Freedom Debt Relief program. I was worrying if we could afford to do it. We also had bad credit score. So, we started and did our best not to stop. Sometimes it was difficult, so that we had to postpone our payments. Last September my husband died and I wondered how I would finish the program. Actually, it was my husband's debt but I was financially obligated. Several days ago I became completely free of this debt. I am really sad that my husband is not here to enjoy our free life together. Thank you."

"Freedom Debt Relief has changed my life. It helped me to get out of debt. The staff is knowledgeable, understandable and courteous. They always did great job to keep me informed of what was going on to my debt. I was sure that I would be debt free in a short time and I was right. I constantly had access to my client portal to keep track of my creditor balances and review my updates. Now I can live a life free from debts and stresses."

My Final Summary

The Freedom Debt Relief was created with the major goal of helping people to settle their debt within a short period of time. In most cases, their program really ended in positive results. During our research, we studied a great number of consumer reviews and we concluded that most debts were settled for the full balance. The main drawback of the program is that it does not give instant debt freedom. However, here is an advantage - it gives a complete relief. According to the official website of the company, each case involves a negotiation, but there is no 100% guarantee it will wind up. The negotiation process can take about two weeks and in some instances even six months.

As the main goal of the Debt Settlement Plan is to resolve your debt in the shortest period of time, for the lowest cost, without declaring bankruptcy, this may have a negative effect on your credit report and credit score. The company does not provide credit repair services, but it can significantly reduce the amount of your debt. Freedom Debt Relief has a mostly positive online customer reputation, but this service is certainly not free. So, if you are looking for Financial Freedom, you should consider Freedom Debt Relief.

Freedom Debt Relief Pricing and Rates

You are not obliged to pay any fees until your debt has been resolved completely. There are no monthly fees. The company charges a fee based on a number of things, including the amount of debt you have, your home state, and other factors. Usually, if you enroll in a standard 36-month program, you will need to pay 6-8% of your total enrolled debt per year. If you have any questions or need a consultation, you can contact customer service at 800-544-7211.