Freedom Debt Relief Review

ConsumersAdvocate.org Notice: Freedom Debt Relief was recently the target of a Consumer Financial Protection Bureau lawsuit regarding FDR’s disclosure of certain terms. Please click here for more information.

Accreditations

FDR does not charge any upfront or monthly fees and practices best industry standards. The company has an A+ BBB rating and is accredited with the AFCC and IAPDA.

*FDR works with you to determine a monthly payment program that best fits your budget. Your funds are deposited in an account that you own and control. The funds will be used for settlements and settlement fees. 

FDR Costs

FDR does not charge up-front or monthly fees. Fees are based on your home state and the amount of debt enrolled. FDR  does not assess its fee for a settlement until you approve the settlement and make a payment to the creditor.

Services Offered

Client Support

Telephone

• 5:00am and 8:00pm PST Monday-Friday
• 8:00am and 3:00pm PST Saturday
• 9:00am and 2:00pm Sunday

Current Clients: 1(800) 655-6303

Email support@freedomdebtrelief.com

Debt Consolidation and Settlement at FDR

FDR offers a variety of debt solution programs and even includes debt consolidation assistance. Its program can be tailored to a client’s specific needs and is designed to work faster than just making minimum monthly payments.

With over $10 billion in debt resolved since 2002, FDR is an excellent choice for anyone struggling with over $15,000 in debt. As a founding members of the American Fair Credit Council, they are one of the more reputable services in the industry today. No upfront fees makes it virtually risk free for those who like to enroll in a debt settlement program.

The CFPB Enforcement Action

The Consumer Financial Protection Bureau (CFPB) recently filed a lawsuit claiming that FDR failed to disclose that certain creditors will not negotiate with debt settlement companies. FDR strongly disagrees with this claim. FDR has developed strategies to negotiate settlements with debts from all creditors. In fact, since 2010, FDR settled $1.2 billion in debt (nearly 200,000 accounts) for clients with accounts from the credit card issuers listed in the complaint. 

ConsumersAdvocate.org cannot judge the merits of the CFPB’s enforcement action against FDR at this time. But the claims—even if true—are limited to whether FDR adequately disclosed its ability to negotiate with certain creditors. ConsumersAdvocate.org is not aware of any claims that FDR has unlawfully charged consumers or otherwise failed to provide services to its customers. You can find more information about the lawsuit at the CFPB’s site here.