Freedom Debt Relief 1120

As the largest negotiator of debt in the nation, Freedom Debt Relief takes a human approach to debt relief. They are passionate about helping people overcome debt as quickly as possible.

Unlike some companies that charge fees before debts are settled, Freedom Debt Relief never charges a fee until they’ve done their work and negotiated a settlement. Here are other ways they set themselves apart from other companies in their industry:

  • Involved in establishing 2010 Federal Trade Commission rules that ban abusive debt settlement practices
  • Founding member of the American Fair Credit Council (AFCC), which is dedicated to promoting and adhering to best practices in the credit advocacy industry
  • Platinum member of the International Association of  Professional Debt Arbitrators
    Rated A+ by the BBB
    Ensure people have all the information they need to make informed choices about solving their debt problems — even if the choice they make isn’t Freedom Debt Relief.

After several months, Freedom will begin negotiating with your creditors, offering a lump sum from the money you’ve saved to make an offer to settle your debt. Typically Freedom negotiates a reduction of 45 percent and charges fees that range between 15 and 25 percent of the debt you enroll. It’s important to remember that these fees are on top of the settlement amount you pay your creditor. So, a debt settled for 45 percent along with 20 percent in fees will be 65 percent of the original amount. Typically a plan will last anywhere from 24 to 48 months. These are all well within the industry standards.

One area Freedom Debt Relief excels is how open it is about its programs and the risks associated with it. When we spoke to company representatives, they talked about the potential impact of the program and broke down how the settlement process works.

To be eligible for a debt settlement plan, you’ll need at least $7,500 worth of unsecured debt and more than $500 on each of the accounts you want to enroll. Freedom Debt Relief offers its services to residents of 33 states.

Freedom Debt Relief




Reputation & Support




Pricing & Fees





  • Only pay once you settle your debts
  • In business since 2002
  • Only requires you to settle a minimum of $15k
Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *