Freedom Debt Relief, a subsidiary of Freedom Financial Network, has resolved over $4 billion in debt since their founding in 2002. The company holds considerable industry experience and customer satisfaction. With all the major industry accreditations, Freedom Debt Relief is a great option for many consumers. They offer multiple debt services and are available in 38 states. However, they may have potentially higher prices than other companies in the industry.

Rank Chart
Fee
Debt Requirement
Our Score
#1
15-25%
$7,500
9.4
#2
15-25%
$7.5k
9.3
#3
15-25%
$7.5k
8.9

The Good

  • Minimum $7,500 in debt to begin settlement
  • Average cost is 21.5 percent of your total debt
  • Customer’s are given one representative to work with throughout the process

Experience and Accreditations

Freedom Debt Relief (FDR) has over 14 years of experience in the debt settlement industry. With their level of experience, they know that one of the most important things they can offer consumers is industry accreditations. In fact, according to multiple surveys we conducted, people value national accreditations in their debt company above all other features. FDR is accredited with the AFCC, and the IAPDA.

Great Reviews

Most clients who leave Freedom Debt Relief reviews with us have had a good experience. They commend FDR for having good customer service, explaining the settlement process, and keeping them updated on where they are at in the settlement process.

Excellent Services

Freedom Debt Relief offers a free consultation when a consumer decides to enlist the company’s services. One debt consultant will remain with the client throughout the settlement process. If consumers are not satisfied with FDR, the company offers a money back guarantee.

Online Dashboard

One of the features that sets FDR apart from the rest is its unique and intuitive online dashboard to track your pace through the program. This helps people to actually see their progress in settling their debts.

The Bad

  • Only available in 38 states
  • Potentially high cost (up to 25 percent of your enrolled debt)
  • Users report portal login issues

Potentially High Prices

The major problem we see with Freedom Debt Relief is their price. Users are charged an average of 20 percent of their total debt to use FDR. While this number is in line with their competitors, it is only an average. You could end up paying more than this to use FDR.

Limited Availability

Freedom Debt Relief offers its services in only 38 states. Additionally, the company requires a minimum debt amount of $7,500.

Similar Complaints

While most of the reviews we see for FDR are positive, there are still several people who have complaints about Freedom Debt Relief. The three main complaints clients seem to have are:

  • It takes too long to settle debts
  • FDR chargers too much for their services sometimes costing consumers 25 percent of their total enrolled debt
  • People have trouble navigating and logging into FDR’s website.

The Bottom Line

Freedom Debt Relief offers several outstanding features for anyone looking to settle their debts: all major industry accreditations, industry experience, thoughtful debt consultants, and more. However, because their prices of 20 percent of debt is an average, clients could end up paying more. We recommend using Freedom Debt Relief if you receive a low enough quote from them, and they are available in your state.

Frequently Asked Questions

How Much Does Freedom Debt Relief Cost?

Price varies depending on various factors. Factors that are taken into account is 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 to 25 percent 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 six to eight percent 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

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 much of your personal information, they can give you the most effective help when you give them more specific details about your situation. The consultation in no risk and you won’t be locked into anything by calling.

What Types of Debt Does Freedom Debt Relief Work With?

Freedom Debt Relief only deals with unsecured debt.

What is the Minimum Debt Amount I Can Sign Up With?

Freedom Debt Relief requires a minimum of $7,500 of debt.

More Information

About Freedom Debt Relief

Freedom Debt Relief has been in business since 2002. Since then they, along with the other pillars of their company, have been listed as one of Inc. 500’s fastest growing companies in 2008 and 2009. Bills.com was also named the #3 company in the Hot 100 from Entrepreneur magazine. Multiple acquisitions of other companies including Home-Account and Refinance.com have helped the company build up their mortgage refinance tools, mortgage calculators, and other mortgage and refinancing services. After more than a decade in service, they have proven to be a stable company. The founders of FDR are very involved in the financial and personal debt communities. The Association of Settlement Companies (TASC) has a founding member of Freedom Debt Relief on their board.

Price

You will pay 15 to 25 percent of the total debt you enroll.

Account Set-Up

  • Free consultation: Yes; offers free financial assistance
  • Personal consultant during the settlement: Yes

Accreditations

  • AFCC accredited: Yes
  • IAPDA accredited: Yes

Time in Business

Founded in 2002

Minimum Debt Requirement

Must have $7,500 in debt to begin working with Freedom Debt Relief

Available States:

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Delaware
  • Florida
  • Hawaii
  • Idaho
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Pennsylvania
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Wisconsin
  • Wyoming

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

X close
X close

We'll Introduce You!

Call our recommended rep over at Freedom Debt Relief below.

1-(855) 982-1609
Or you can visit their site by clicking here.

200 Freedom Debt Relief Reviews

1. Select Your Rating:

13
2
2
5
2
4
3
11
25
35
98
0=WORST 10=BEST

2. Subject For This Review*(Select all that apply)

0 characters

3. Review Validation*

or

    Sort By:

  1. User Score

    10

    January 17th, 2017

    This is a winning company if you need help with your finances they will help you ,they keep you informed on the progress.

    Read More

    Was this review helpful?

  2. User Score

    10

    January 13th, 2017 Stafford, VA

    Casey is AWESOME! He is on top of things & never makes me feel like I am bothering him.
    He is very understanding & helpful. He is so knowledgeable about the program & he answers all my questions without ever making me feel stupid or making me feel like a total screw up for needing the programs help.
    I sincerely appreciate all that Casey has done to help me.

    Read More

    Was this review helpful?

  3. User Score

    10

    January 4th, 2017 Richmond, VA

    Very honest and trust worthy. Helping me get rid of my debt!!

    Read More

    Was this review helpful?

  4. User Score

    10

    December 28th, 2016

    Very happy with the service and money saved.

    Read More

    Was this review helpful?

  5. User Score

    10

    December 21st, 2016

    Had a great experience working with freedom, and I’m looking forward to finish paying off all my debt

    Read More

    Was this review helpful?

  6. User Score

    8

    December 21st, 2016

    Hi this is Barbara Tyson wishing everyone there a wonderful Holiday, season. I did not exactly know you wanted me to do with this survey. I hope that I did it right.I think that we have had a good start on getting me out of debt,and I want you to know that I appreciate all you who are doing my account. The only problem I am having is that I still am having trouble getting on my desktop to view my account.

    Read More

    Was this review helpful?

  7. User Score

    10

    December 14th, 2016 Lake Charles, LA

    I have had a great experience with this company and their help to resolve our credit issues ..

    Read More

    Was this review helpful?

  8. User Score

    10

    December 14th, 2016

    FDR has been very attentive to my needs! They have been quick on getting settlements with my creditors. I’ve been really pleased with the outcomes. I would recommend FDR to my family and friends!

    Read More

    Was this review helpful?

  9. User Score

    10

    December 13th, 2016 Allentown, PA

    All I can say is that we were never going to be able to pay off our debt and hope to retire someday until Freedom Debt Relief helped us. Through a series of illnesses we fell far behind with no hope of ever becoming debt free. It’s not easy but we’re sticking to the plan. Now there’s hope for our future. Thank you Freedom Debt Relief.

    Read More

    Was this review helpful?

  10. User Score

    10

    December 7th, 2016

    I am completely satisfied with the customer service work performed by Freedom Financial.

    Read More

    Was this review helpful?

  11. User Score

    10

    December 7th, 2016 Lexington, KY

    Staff are knowledgeable, caring and supportive.

    Read More

    Was this review helpful?

  12. User Score

    10

    December 7th, 2016

    I have had a great experience and would recommend this to anyone with debt problems add a solution.

    Read More

    Was this review helpful?

  13. User Score

    9

    November 30th, 2016 Las Vegas, NV

    we are fairly new with this program, so far everything seems good.

    Read More

    Was this review helpful?

  14. User Score

    8

    November 30th, 2016

    so far have done everything they promised

    Read More

    Was this review helpful?

  15. User Score

    10

    November 19th, 2016 Reno, NV

    Great service glad to be part of freedom debt relief. Thank you very much.

    Read More

    Was this review helpful?

  16. User Score

    10

    November 19th, 2016 Lone Rock, IA

    Great company to work with! Got one credit card done within the year!

    Read More

    Was this review helpful?

  17. User Score

    8

    November 18th, 2016

    So far so good. Settled a CC 500 reduction! Hitting my sixth month so hoping FDR will start getting more settlements soon! Customer service is great!

    Read More

    Was this review helpful?

  18. User Score

    10

    November 12th, 2016 Covington, VA

    Very satisfied!!!! The representatives are very courteous, and helpful. They make you feel comfortable and at ease. I’ve never called when I wasn’t able to talk to someone immediately.

    Read More

    Was this review helpful?

  19. User Score

    10

    November 11th, 2016

    You guy,s are doing great with helping me lower my debt, I should have came to you sooner, My wife was so impressed, She signed up also for your program, Keep on doing great work.

    Read More

    Was this review helpful?

  20. User Score

    10

    August 17th, 2016 New York, NY

    So far everything is going nice and smoothly. I thank you for all your help.

    Read More

    Was this review helpful?