What happens when you graduate Freedom Debt Relief?
The study found that once a client completes the Freedom Debt Relief program, they have: A reduced debt burden. After an initial drop in the first six months, clients’ credit scores begin to recover. A credit score that has recovered to nearly the same level as it was at the start of the program.
How do I get out of my contract with Freedom Debt Relief?
If you would like to cancel, please call the Client toll-free number at 1-800-655-6303 to determine the best option for ending your service. Please note that Freedom Debt Relief does not offer a money back guarantee.
What happens if you break a contract with a debt settlement company?
That you have the right to cancel the debt settlement contract at anytime without any penalties. That any of the funds that are placed in escrow account are your funds that you are entitled to unless they were earned by the debt settlement company. The amount that you will have to pay when your debt is settled.
Is the credit card debt relief program legit?
Debt relief service scams target consumers with significant credit card debt by falsely promising to negotiate with their creditors to settle or otherwise reduce consumers’ repayment obligations. Some debt relief scams even tout their services using automated “robocalls” to consumers on the Do-Not-Call List.
What are the reviews of Freedom Debt Relief?
A Freedom Debt review at ConsumerAffairs gave kudos to their customer support representative that helped them through a difficult financial time. Another positive Freedom debt relief review at BBB said the company did exactly what they said they would and even handled things when two credit card companies tried to sue.
How much does freedomfreedom charge to settle debt?
Freedom Debt Relief is a nationwide debt relief company that provides debt settlement services and education. The company requires applicants to have at least $15,000 of unsecured debt. Its fees vary by location and range from 15% to 25%.
What is freedomfreedom and how does it work?
Freedom says it deals with the third party and may coach its clients to settle directly with creditors. Moreover, according to a report by the Center for Responsible Lending, consumers must continue with a debt settlement program long enough and settle at least two-thirds of the debts enrolled to benefit.
How long does the Freedom Debt relief process take?
Freedom Debt Relief says the process typically takes 24 – 48 months, though individual time frames may vary depending on how many debts you’re trying to pay off. Freedom Debt Relief terms and fees