Description
Freedom Debt Relief Reviews – Round Up:
Quick Stats:
Service Details:
Setup Fees: Zero
Interest Rates: Not Applicable
States Serviced: 38
Business History: Est. 2002
About Freedom Debt Relief
Freedom Debt Relief are a subsidiary part of the Freedom Financial Network, enjoying substantial cover across most states in the US and concentrating on debt consolidation and settlement.
Thanks to high levels of customer care, and only a $7,500 minimum-debt qualification they have one of the highest volume and highest average review ratings across all major review networks. This is backed up by the company’s claims to have resolved over $10billion in debts.
From the Freedom Debt Relief website:
As the largest negotiator of debt in the nation, Freedom Debt Relief takes a human approach to debt relief. We 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 we’ve done our work and negotiated a settlement.
Gerry –
I recieved a loan consolidation advertisement from green leaf financial thru the us mail. When I called it turned out to be fredon debt relief. The salesmen took my info and told me that I should stop making payments to the cc companies and instead make monthly payments to a dedicated account. He assured me that fdr would negotiate with the cc companies and I would be debt free Jan 2019. I was told that a lawyer was not necessary but if needed I should use nllg. I like an idiot drank the cool aid.
After two of the cc companies were in settlement the third filed a court case against me. When I contacted fdr I was put in contact with a lawyer from nllg who informed me that I would need to make two balloon payments of $5000 and increase my monthly dedicated account payments by over 50% for the next 20 months. From what I can tell from their dashboard the reason for the increase in deposits was to pay their fees.
When I objected to these terms with a nllg lawyer I was told to contact fdr. When I contacted fdr I was told to contact nllg. One of the nllg lawyers even told me that due to the size of the debt the bank involved will not negotiate with fdr. The lawyer for the bank even called me and said I would need a lawyer.
The lawyer for nllg told me that I needed to sign an agreement, that my only other option was bankruptcy. When I offered to pay at once instead of a structured settlement I was told I would be paying the same amount. I was never made aware of the ramifications associated with signing.
I ran into money problems in 2019 and was not able to make the second to last payment of the agreement on time. In Jan of 2019 I contacted nllg and a lawyer told me I should contact fdr. When I contacted fdr I was under the impression that it would not be a problem. At no time was I told that missing the payment would void the agreement nor was I given any other options on paying.
When I called an nllg lawyer for clarity on the matter he told me to contact fdr and laughed at my perdicement. I am being told that the payment plan was voided after the Jan payment was skipped yet payments for feb & March were processed. The April payment was skipped by fdr so they could collect the last of their fees leaving the account short funds to make the final payment to settle the account. w
Every time I emailed fdr on this matter I was pretty much told to call their 800 # to speak to a representative.Unfortunitly that’s what got me in trouble in the first place. When I ask about what they have done to settle the account I get no answer. When I ask if they contacted the creditor in Jan 2019 concerning a late payment I get no answer. When I ask why I was not alerted to the fact that they were going to collect their fees instead of paying my creditor I get no answer