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Freedom_Debt_Relief

Freedom Debt Relief

Freedom Debt Relief offers debt settlement to those with over $7500 in unsecured debt. Become debt-free in 24-48 months

Our Score
9.1
User Score
9.1

Call For Free Consultation:   1-(855) 403-4319

Our Score
9.1
User Score
9.1
Rank this Company

Ratings Breakdown

Price - % of Debt

15-25%

Accreditations

AFCC & IAPDA

Free Consultation

Yes

Min. Debt Accepted

$7,500

Money-Back Guarantee

Yes

Number of Reviews

1,185

This Review is maintained by

Review Last Updated: August 21, 2019

Freedom Debt Relief is one of the largest, most recognized debt settlement companies in the debt relief industry. Since 2002, they’ve worked with over 60,000 people and resolved over $10 billion in debt. Because they are so large, they have relationships with many of the largest credit card companies and will work with them on your behalf to settle your accounts for less than what you owe. Hablan español.

Pros of Freedom Debt Relief

Positive Freedom Debt Relief Reviews

Overall, Freedom Debt Relief reviews seem to report satisfaction with the courteous, encouraging, and professional customer service they’ve received from the debt settlement firm and express appreciation that there is no upfront fee charged for the debt settlement service. Freedom Debt Relief is the largest debt settlement company in the country for a reason: customers are happy with the work they do and the money they save individuals.

Potentially Low Prices

Unlike other debt settlement companies that charge fees before settling any debts, Freedom Debt Relief doesn’t charge any fees until the debt negotiation is over and they obtain a settlement offer.

Freedom Debt Relief charges 15-25% of the total debt enrolled as a fee for their services, which is reasonably priced when compared to the fees of other companies. Clients are provided with a 24/7 online debt management dashboard to help them towards the goal of resolving their debt inbetween 24-48 months, which is fairly average within the industry.

Great Industry Experience and Accreditations

With senior executives sitting on the American Fair Credit Council, it should come as no surprise that the company holds major industry accreditations, including being a founding member of the AFCC as well as accreditation by IAPDA, which means the debt settlement company abides by industry best practices and ethics. Freedom Debt Relief has been helping people with debt settlement since 2002 and is one of the more experienced companies in the debt settlement industry.

Freedom Debt Relief employs over 2,000 people. There are only about a dozen debt settlement companies that employ anywhere close to this many people. The fact that Freedom Debt Relief employs over 2,000 people speaks to their resources and effectiveness.

Excellent Services

Freedom Debt Relief ensures their services with a money-back guarantee to ease any concerns clients might have about the quality of its services. Also available is a free consultation, no upfront fees, and one debt consultant throughout the debt settlement program.

The goal of Freedom Debt Relief as stated on their website is to, “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.” This promise from the company should give consumers confidence as they approach Freedom Debt Relief to either to eliminate credit card debt or to improve their financial situation.

Each person who works with Freedom Debt Relief will get a customized debt management plan that fits their budget. The company’s goal is to relieve all debt in 24-48 months. This timeframe is standard in the debt settlement industry.

Get a free consultation with Freedom Debt Relief
  About Freedom Debt Relief
How much money can I enroll? $7,500 - $100,000 of unsecured debts
How long will it take? 24 to 48 months
What are the upfront fees? No upfront fees
How much will it cost? 15% - 25% of the debt you enroll (paid after settlements)
How will I save? Varies
Consumer Rating 9/10

Cons of Freedom Debt Relief

Not Available in All States

The company isn’t able to provide a truly national debt relief solution, as it is only available in 34 states and Washington D.C. The states the company does not service include CT, GA, HI, IL, ME, MS, NH, NJ, ND, OR, RI, SC, VT, WA, WV, OH, and WY. Those in debt cannot sign up for freedom debt unless they plan to settle at least $7,500 in unsecured debt.

Potentially High Prices

Hiring Freedom Debt Relief as your debt settlement solution may end up costing about 25% of the total debt that you enroll. While it could be as low as 15% (an excellent price), it is somewhat concerning that the fees could be higher. While working with Freedom Debt Relief can help customers out of debt, it also can potentially hurt consumers’ credit ratings. We recommend getting a quote from the company before you begin.

Customer Complaints

If you read through the Freedom Debt Relief reviews we have below, you’ll notice almost every single one is positive. However, there are still a few complaints some customers have about Freedom Debt Relief:

  • Aggressive creditors that are difficult to ignore
  • Taking longer to settlement accounts than estimated
  • Not prepared for Freedom Debt Relief’s fees

Our Recommendation


Freedom Debt Relief has a reputation for professional conduct and high levels of customer satisfaction. The company holds all major industry accreditations and has over a decade of experience settling unsecured debts. Our only concern with Freedom Debt Relief is that consumers may be able to find a company with a debt settlement service that has lower fees. If you owe over $7,500 in debt and live within their service area, we recommend Freedom Debt Relief. Find out if they can help with your debt in a free consultation: 1-(855) 403-4319

Skip to Freedom Debt Relief customer reviews


What is Debt Settlement?

There are many types of debt relief people can sign up for: Debt management plan, debt consolidation, debt settlement, bankruptcy, or trying to lower your debt on your own. Debt settlement is when you pay a company, like Freedom Debt Relief, to negotiate with your creditors: your credit card companies, private student loan company, medical bill collectors, etc. This option is for those who are barely keeping up with their minimum payments, or who are falling behind. Your debt settlement company will settle your account with these creditors at a fraction of what you actually owe – so no more interest and now more trying to keep up with minimum payments. Here is a very simplified step-by-step outline of the process:

  1. Sign up with a debt settlement company. You don’t pay them until a debt is settled.
  2. Stop making payments on your credit cards or to other creditors.
  3. Start saving as much as you can in a separate savings account in order to pay one lump sum to each creditor.
  4. After some time, your debt settlement company negotiates with each creditor to take a lower sum than what is owed. For example, if you owe $10,000 on your AMEX, your debt settlement company may be able to negotiate a settlement of $5,000 to $8,000. Talk to Freedom Debt Relief for a free consultation and more information on what they can do for you.
  5. Your debt settlement company will repeat this process with each creditor until you are debt-free.

Freedom Debt Relief FAQs

How Much Does Freedom Debt Relief Cost?

Price varies depending on various features. The main features taken into account are the creditor you’re working with, the state you live in and the amount of debt you have. After all is said and done, you can expect to pay 15-25% of your total enrolled debt. Their website states the following:

“If you choose to enroll in a Freedom Debt Relief Program, Freedom charges a fee that depends on a number of things, including the state you’re in, the amount of debt you’re enrolling, and other factors. But, in general, if you enroll in a standard 36 month program, in most cases your fee works out to approximately 6-8% of your total enrolled debt per year. And the most important thing to remember is that there is absolutely NO FEE RISK to you – we guarantee that you will pay NO FEES for your debt relief services until we successfully resolve a debt for you.”

The review of program details will include:

  • Average time for settlements.
  • How some creditors can be more aggressive
  • How delinquent each debt is
  • How drafting monthly can impact the success of completing the program
  • What options we have for when creditors call our clients too much
  • What options we have for if a client gets sued

Are There Any Up-Front Fees?

No. Any debt settlement company charging up-front fees is not acting in accordance with the law. Under the Federal Trade Commission Act, no company is to practice up-front fees as of 2010.

Can I Get A Free Consultation?

Yes, they offer a free debt consultation. Calling in and speaking with a debt help specialist will give you the ability to determine the best path to success in your specific situation. While they can give you very helpful information without you divulging too many specific, they can give you the most effective help when you give them more specific information. The consultation in no risk and you won’t be locked into anything by calling.

Does Debt Settlement Hurt My Credit Score?

Yes, signing up for any debt settlement plan will have a negative effect on your credit score because you will become delinquent on your accounts. However, never being able to pay off thousands in debt will also have a negative impact on your credit score, albeit much less. The goal of debt settlement is to get rid of your debt and give you a chance to rebuild your credit score and future financial path.

Does Freedom Debt Relief Offer A Money-Back Guarantee?

Yes. Any money deposited into the trust account will go directly back to the client, minus the monthly fees charged. These fees will be determined once the applicant qualifies for the program and total debt is assessed.

What Types of Debt Does Freedom Debt Relief Work With?

Freedom Debt Relief only deals with unsecured debt.

Does Freedom Debt Relief Have a Mobile App?

Freedom Debt Relief does not have a mobile app. Their desktop site is helpful and easy to navigate, but you won’t be able to navigate as easily on your phone.

Freedom Debt offers clients online access where you cannot only check on your debt settlement account at any time, but you can contact them through it as well. The representative we spoke with indicated that they are available 24 hours a day, 7 days a week.

What is the Minimum Debt They Accept?

$7,500

Are They Accredited?

Yes, this business is AFCC  and IAPDA accredited.

Are there any inaccuracies in this review? We take our accuracy very seriously and would love your feedback. Give feedback here.

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Call our recommended rep over at Freedom Debt Relief below.

1-(855) 403-4319

1,185 Freedom Debt Relief Reviews

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  1. User Score
    5
    April 24th, 2014 Pleasant Grove, UT
    5 people found this review helpful!
    I’d been paying in one-third of my income for almost a year and nothing seemed to be happening. Then, after receiving a court summons on behalf of one card, I called customer service and was told half the account had been paid and the other half would be taken care of soon. Checked the portal and it said the total settlement had been made, then got another lawyer letter. Panicked. Called Customer Service again and was told the final payment had been made. Whew! That one is off my back. Now, to see how we fare with the remaining debt.
    Read More
  2. User Score
    9
    April 24th, 2014 Pleasant Grove, UT
    1 people found this review helpful!
    We didn’t know what to do with our debt — seemed like we were going no where fast — until we heard about Freedom on the radio in our car. Seemed like it was the answer to our problem — couldnt believe it! Called right away and as soon as we spoke to them we felt a relief. They were so nice and helpful and we felt at ease right away. Thank you Freedom!
    Read More
  3. User Score
    10
    April 24th, 2014 Pleasant Grove, UT
    1 people found this review helpful!
    When you put your total financies into people’s hands that you don’t know is a very big step. But I believe that Freedom Financial Relief is a honest, trustworthy, reliable business that is out for your best interest. It is was very encouraging to see how everythihg works and to see a creditor paid off. That is my ultimate goal to get to and that is to get every creditor paid off and not ever be in debt again.
    Thank you for all you do.
    Read More
  4. User Score
    9
    April 24th, 2014 Pleasant Grove, UT
    0 people found this review helpful!
    One settlement so far and looking forward to hopefully more progress soon. Impressed so far with FDR’s effort but we still have quite a bit to do.
    Read More
  5. User Score
    10
    April 24th, 2014 Pleasant Grove, UT
    1 people found this review helpful!
    awesome, nice job!
    Read More
  • Takes your existing debt and try to settle with your creditors for a lower amount. If you pay off the settled amount, your debt will be considered paid in full.
  • Negotiates with your creditors on your behalf.
  • Fee based on a percentage of your total starting debt or a percentage of the debt they save you.
  • Most settlement companies have you create a separate "escrow" account where you will make monthly contributions over a certain amount of time to contribute to your settlement. Once there is a substantial amount of funds to show your creditors, the settlement company will try to negotiate a lower amount of debt.
  • Combines all your debts and creditors into one monthly payment.
  • Allows you to pay one monthly payment to the consolidation company, instead of multiple payments to different creditors.
  • You no longer owe your original creditors; instead you pay one monthly payment to your consolidation company.
  • Consolidation companies can help negotiate lower interest rates on your debts and help lower your total debt payment in the long run. A lower interest rate will lower the amount you owe in the end.
  • Allows you to consolidate all your different debts into one personal loan that can be paid off over time.
  • Can offer borrowers a lower interest rate with a longer payback term (compared to high-interest credit cards or medical bills). This will lower the amount of money required to pay off the loan over time.
  • Personal loan debt consolidation can be an effective way to raise your credit score quickly (within 3-6 months).
  • Borrowers can receive funds from their loan within only a few days.

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Real Reviews (yes they’re real)

With so many debt relief companies out there, and a lack of sites willing to bring you the HONEST breakdowns of each company, what source can you turn to for the real information you can trust?

We are dedicated to bringing the truth out, and rank debt relief companies as they should be. Through our investigation, and experience with each company, we rank each company, and bring you our honest, unbiased opinion. We also include authentic user reviews by past customers of each company that are moderated and verified.

Like many sites, we are compensated through affiliate relationships with each company we review, however all of our rankings are based on our 11-Point Ranking Criteria.

All reviews are subject to moderation and approval. Any reviews that may resemble false information, or competitors of another company will need to be verified by our staff before being approved and published. We reserve the right to approve or deny any reviews left on this site.

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Our Score
9.1
User Score
9.1
Rank this Company

Ratings Breakdown

Price - % of Debt

15-25%

Accreditations

AFCC & IAPDA

Free Consultation

Yes

Min. Debt Accepted

$7,500

Money-Back Guarantee

Yes

Number of Reviews

1,185
Our Score
9.1
User Score
9.1
Rank this Company

Ratings Breakdown

Price - % of Debt

15-25%

Accreditations

AFCC & IAPDA

Free Consultation

Yes

Min. Debt Accepted

$7,500

Money-Back Guarantee

Yes

Number of Reviews

1,185