Where does Freedom Debt Relief do business?

Freedom Debt Relief is a debt resolution firm based in San Mateo, CA. It was founded in 2002 and offers debt resolution services in Washington, DC and 32 states around the country.

What does Freedom Debt Relief do?

Freedom Debt Relief offers debt relief services for unsecured debt such as credit card debt, personal loans and medical debt. Business debt resolution is a specialized area of debt resolution that Freedom Debt Relief has expertise in. Freedom Debt Relief also has specialized expertise in student loan debt relief.

What does Freedom Debt Relief charge?

Freedom 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. Freedom Debt Relief's fees start at 18% and go up to 25% of the enrolled debt depending on the amount of enrolled debt provided. Debt relief service pricing / costs can vary greatly from one client to another so it's best to speak to Freedom Debt Relief directly to determine an accurate quote. 

Does Freedom Debt Relief offer a guarantee?

No, Freedom Debt Relief does not offer a money back guarantee.

What is the minimum debt Freedom Debt Relief will consider?

Freedom Debt Relief will only consider customers with unsecured debt of $7500 or more. Customers with less than $7500 of unsecured debt may benefit from a debt consolidation loan or credit counseling services.

Does Freedom Debt Relief perform its own servicing in-house?

Yes, Freedom Debt Relief employs its own in-house servicing staff who manage the process and negotiate settlements on behalf of their customers.

What accreditations does Freedom 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). Freedom Debt Relief is an accredited AFCC member. Freedom Debt Relief is an IAPDA member.

  • Minimum Debt Owed
  • Debt Type
    • Unsecured Debt
    • Business Debt
    • Student Loan Debt
  • % of Debt Fee
    18% - 25%
  • No Monthly Consultancy Fee
  • Pricing Model
    • Contingency Fee (% of enrolled debt)
    • Contingency Fee (% of savings)
  • AFCC Member
  • Contingency Model
  • Free Consultation
  • IAPDA Member
  • In-House Servicing
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0 votes

I actually like when companies contact me often to see if I have any questions. I've gotten regular calls from Freedom, which shows me they care. The investment is definitely worth it because you're working with a company that appreciates you.

0 votes

These guys take advantage of people who don't know any better. I had no idea where to start with my debt or who to even contact. They saw that weakness and took my money. They didn't do anything to help me. When I unenrolled, they didn't even care since they already had their fees from me.

0 votes

When it comes to debt settlement, Freedom Debt Relief are the big guys on the block. They have settled over a billion dollars in consumer debt. Many of the smaller firms out there are actually just affiliates of Freedom. So if you value experience, you'll get it with Freedom.

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