Franklin Debt Relief
in Debt Settlement Firms from Franklin Debt Relief LLCUnaffiliated
|% of Debt Fee||N/A|
|Minimum Debt Owed||$10,000|
Franklin Debt Relief Review
Where does Franklin Debt Relief do business?
Franklin Debt Relief is a debt settlement company based in Wood Dale, IL. The company was founded in 2006 and offers debt relief services to borrowers in 50 state across the USA.
What does Franklin Debt Relief do?
Franklin Debt Relief offers debt relief services for the following types of debt:
- Unsecured debt, such as credit card debt, personal loans and medical debt
What does Franklin Debt Relief charge?
Franklin Debt Relief operates on a contingency fee basis. Companies operating under a contingency fee model charge fees that are based upon a percentage of the debt at the time the consumer enrolled; occasionally they are based on a percentage of the savings negotiated by the debt-settlement company. Across the industry in general, debt settlement clients typically see a 45% to 60% reduction of their enrolled debt.
Franklin Debt Relief charges fees for their service but they do not disclose their specifc rates.
Debt relief service pricing / costs can vary greatly from one client to another so it's best to speak to Franklin Debt Relief directly to determine an accurate quote.
Does Franklin Debt Relief offer a guarantee?
No, Franklin Debt Relief does not offer a money back guarantee.
What is the minimum debt Franklin Debt Relief will consider?Franklin Debt Relief will only consider customers with unsecured debt of $10,000 or more. Customers with less than $10,000 of unsecured debt may benefit from a debt consolidation loan or credit counseling services.
Does Franklin Debt Relief perform its own servicing in-house?
No, Franklin Debt Relief partners with third party service providers who negotiate on behalf of the clients they enroll.
What accreditations does Franklin Debt Relief have?
The two main trade associations in the debt relief services space are the American Fair Credit Council (AFCC) and the International Association of Professional Debt Arbitrators (IAPDA).
- Franklin Debt Relief is an accredited AFCC member.
- Franklin Debt Relief is an IAPDA member.
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia