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.

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.

Visit Site

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.

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1-(855) 982-1609
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234 Freedom Debt Relief Reviews

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  1. User Score

    8

    April 13th, 2017 Mesquite, NV

    Very professional, courteous and responsive.

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  2. User Score

    10

    April 13th, 2017

    My experience with my debt counselor, Mr. Gregory S was more than I expected and more than I hoped for. He immediately put me at ease and removed all of my concerns and fears about this process. I realize the greatest compliment you can pay someone is to refer them business and it will be my privilege to recommend Mr. S to my family and friends. My future looks bright thanks to him. Thanking you once again.

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  3. User Score

    10

    April 5th, 2017 Mcallen, TX

    FDR has been extremely helpful during this very stressful time. I am able to pay off my debt on a different schedule that helps me financially. I couldn’t be happier with the work that FDR and it’s employees have done for me!

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  4. User Score

    10

    April 5th, 2017 Troy, MI

    I can’t explain the happiness involved with this agreement. It is a weight off my shoulders during a difficult time.
    Name of organization couldn’t be more appropriate! Freedom and Relief!
    Thank you!

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  5. User Score

    10

    April 5th, 2017 Tampa, FL

    I have been extremely pleased with the guidance and instructions that I received from your staff. It has not been difficult for me to get debt resolved and my transition into your program has made my financial life much easier and less stressful that I ever expected.

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  6. User Score

    10

    April 5th, 2017

    Have been very helpful so far with my debt solution.

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  7. User Score

    8

    April 5th, 2017 Morganfield, KY

    After signing with this company I became very weary of the way the business was run however they continued to assure me they could help me but I just needed to hang in there until they had enough time to get contracts with each if my debtors then I would see a bug difference and. Is I am glad I did because it has finally started to pay off. The best advice I could give to any future. clients is that these people know what they are doing so listen to them, they can and truely will help you.

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  8. User Score

    8

    March 31st, 2017 Doyle, TN

    So relieved to have someone on my side that is actually doing what we agreed on. Thank you again for all your dedication.

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  9. User Score

    10

    March 29th, 2017 Fairmont, WV

    Freedom Debt has been such a help to me. I did not know where to turn and am so happy I chose FDR. I have just recently made my first settlement and am on my way to being debt free. Such a great feeling. Thank you FDR!!
    Tammy E

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  10. User Score

    10

    March 24th, 2017 Hixson, TN

    Greg was really great!!!! Honestly was very detailed went over and answered all my questions. I’m excited to get into a better place with my money!!!

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  11. User Score

    10

    March 18th, 2017 Rapid City, SD

    Thanks to FDR I can see the light at the end of the tunnel. I will recommend FDR to anyone who comes to me with financial difficulties and is looking for an alternative to bankruptcy. FDR associates are very professional and respectful and answered all my questions. Thank you FDR.

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  12. User Score

    9

    March 9th, 2017

    Still getting some notifications from creditors about payments, so not sure if they have reached out to you yet. Always very prompt is answering questions. Thank youl

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  13. User Score

    9

    March 8th, 2017 Gloversville, NY

    So far, Freedom Debt Relief has done what they said they would do.

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  14. User Score

    10

    March 2nd, 2017 Clarksville, TN

    My experience with Gregory S was very good. Everything was handled very professional. I was very satisfied working with Mr. S. He explained everything in detail and answered all my questions and concerns I had. Thank you Mr. S

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  15. User Score

    10

    February 17th, 2017 Raymore, MO

    Greg made a very difficult situation much easier. This was a very hard decision to make and Greg walked me through it step by step. I would definitely recommend to anyone.

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  16. User Score

    10

    February 17th, 2017 Las Vegas, NV

    It was a great experience and received options right away! I started with strees free already in less than 24 hours!! Thank you so very much Greg S

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  17. User Score

    10

    February 15th, 2017 Billings, MT

    I have had a wonderful experience. taken care of well and they answer all my questions. Great to work with and would recommend them to anyone.

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  18. User Score

    10

    February 12th, 2017

    Very professional ,helpful – best word to describe is “excellent “staff member ( Mr Peter S).

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  19. User Score

    10

    February 11th, 2017

    At first I was skeptical that something like this would work to help resolve my debt, but not even a year into the program over half my accounts have been settled! What a great company to work with!!

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  20. User Score

    9

    February 11th, 2017

    Rebecca was very nice and extremely helpful. It was a pleasure dealing with her.

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