Debt reduction
Through negotiation, creditors agree to accept less than the full amount to consider a client’s debts settled.
Debt Relief
Helping struggling Americans reduce their debt and improve their financial outlook
America’s largest debt relief company
750,000+
clients served to date
$12B+
consumer debt settled
300,000+
active clients
As of September 2020
An affordable solution
for indebted consumers
Better cash flow
By enabling financially distressed clients to spend less to address their debt, the program puts more money into clients’ pockets each month.
Faster results
Our program enables clients to be free of enrolled debts years faster than by making minimum monthly payments.
Helping consumers deal with debt
The Freedom Debt Relief program gave Molly a clear plan as well as the guidance and stability she needed to successfully overcome debt and move on with her life.
How Freedom Debt Relief works
Every client who enrolls is guided through a simple process. The journey starts with a free financial assessment to determine if the program could be the right fit for their budget and goals.
Free consultation
With IAPDA-Certified Debt Consultant
Do they have a hardship?
Can they afford the program?
Client makes monthly deposits
FDIC-insured account client controls
Payments to enrolled creditors stop
We contact creditors on client’s behalf
Goal: significant debt reduction
Service provided to address legal action
Client reviews and approves terms
Payments are processed to creditor
Freedom Debt Relief receives its fee
Once all enrolled debts are settled, client graduates!
“Things are moving along faster than I had anticipated, and I couldn't be happier. I'm seeing the light at the end of the tunnel! So excited in looking forward to a life without enormously overwhelming debt!”
Robin P.
“I'm very satisfied with FDR. I've been with them for over a year and everything is proceeding very well. They're doing a great job and, most important, I trust them. When you put your financial future in the hands of someone, you better feel good about them and their performance, and I do.”
Eric M.
“This has been a great program and is getting me out of debt faster and saving me thousands of dollars. I would never have been able to pay off all of the debt had I not made the decision to work with Freedom Debt Relief.”
Rick B.
“If it wasn't for Freedom Debt Relief my wife and I would be drowning in debt... They really work with us and broke it down and made it very easy for us to understand and come up with a payment that we could afford. I love my Freedom Debt Relief.”
Mark G.
Help for people with financial hardship
To qualify for the program, consumers must be suffering from a significant financial hardship.
Source : Based on enrolled Freedom Debt Relief clients, Jan-Aug 2020
Working on our clients’ behalf
The program works by negotiating settlements with the creditor on each client’s enrolled account. We use our extensive negotiations expertise, relationships, data and technology to get positive outcomes.
• 280+ debt negotiators
• 3000+ unique creditor relationships
• Proprietary algorithms used to customize each client’s program
Economic impact of debt settlement
As a whole, the debt settlement industry helps debt-stressed consumers get back on their feet, employs thousands of Americans, and delivers revenue faster to creditors.
$1.6B
Saved by indebted Americans in 2018 as a result of debt settlement programs
$600M
Received by creditors participating in debt settlement programs in 2018
28,000
Jobs generated by the debt settlement industry
$650M+
Generated in federal, state and local taxes in 2018
Source: 2019 Economic Impact of the Debt Settlement Industry, American Fair Credit Council
*Our estimates are based on prior results, which will vary depending on your specific enrolled creditors and your individual program terms. Not all clients are able to complete their program for various reasons, including their ability to save sufficient funds. We do not guarantee that your debts will be resolved for a specific amount or percentage or within a specific period of time. We do not assume your debts, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Our service is not available in all states, including New Jersey, and our fees may vary from state to state. Please contact a tax professional to discuss potential tax consequences of less than full balance debt resolution. Read and understand all program materials prior to enrollment. The use of debt settlement services will likely adversely affect your creditworthiness, may result in you being subject to collections or being sued by creditors or collectors and may increase the outstanding balances of your enrolled accounts due to the accrual of fees and interest. However, negotiated settlements we obtain on your behalf resolve the entire account, including all accrued fees and interest. C.P.D. Reg. No. T.S.12-03825.