Overview | |
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What is FTDR? | This review is for Fast Track Debt’s debt resolution services. In addition to debt resolution, the company also offers help with debt consolidation, credit counseling, paying monthly minimums, and bankruptcy. |
Who is this program for? | People with $10k to $100k in unsecured debts. |
How long will it take? | FTDR’s program takes 1-3 years for people to complete (become debt free). |
How much does FTDR charge? | FTDR does not disclose their fees. Other sources report that FTDR charges 15-45% of the debt you enroll. |
Pros
Free Debt Resolution Quote
Customized Debt Payoff Programs
Positive Customer Reviews
Credit and Debt Education
Along with the information listed under the tabs about debt management and debt resolution, the site has a “general” section, as well as a newsletter.
The monthly newsletter is titled “The Road to Financial Freedom”, and it offers a wealth of information about budgeting, managing debt, and using money wisely. Each edition is about five pages long. The monthly newsletter appears to only have been part of Fast Track’s business operations for two years since the listed editions are for 2008 and 2009.
The “General” section of Fast Track’s website shows a list of topics that are all about debt but can be hard to sort through when determining their services.
Cons
High Minimum Debt Threshold
No Industry Accreditations
Lack of Information on Website
It doesn’t list terms or cancelation policies for its resolution or consolidation programs. While other sites list some sort of money back guarantee, this provider does not.
Our Recommendation
Fast Track Debt offers a few different financial services, including debt consolidation, debt resolution, and credit counseling to help consumers take control of their money and credit situation.
That is great, but unfortunately, little information is provided about actual service agreement terms or upfront fees. Customers will have to contact the company for a tailored debt management program and quote.
We recommend calling FTDR to find out what their fees are. We also recommend comparing them to the top debt resolution companies.