Franklin Debt Relief is a debt resolution firm based in Wood Dale, IL. It was founded in 2006 and offers debt resolution services in 50 states around the country.
Franklin Debt Relief offers debt relief services for unsecured debt such as credit card debt, personal loans and medical debt.
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. 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.
No, Franklin Debt Relief does not offer a money back guarantee.
Franklin Debt Relief will only consider customers with unsecured debt of $10000 or more. Customers with less than $10000 of unsecured debt may benefit from a debt consolidation loan or credit counseling services.
No, Franklin Debt Relief partners with third party service providers who negotiate on behalf of the clients they enroll.
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.
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