As the largest debt negotiator in the nation, Freedom Debt Relief has resolved over $10 billion in consumer debt. Through their proven debt relief program, they have helped hundreds of thousands of Americans significantly reduce the amount they owe and resolve their debts more quickly and affordably than other options like debt consolidation loans.
The company began in 2002 with a mission to provide a debt solution that puts consumers first. Therefore, the initial consultation FDR provides is focused on educating consumers about several debt options (not just their program).
By staying true to its mission, hiring the best professionals in the industry, and continually innovating their services, Freedom Debt Relief has grown to employ over 2,000 highly trained professionals and enrolled over 615,000 clients.
Freedom Debt Relief is a good match for those with $15,000 or more in debt. Although fees can be up to 25% of the settlement amount, it's usually a good move to eliminate debt through debt settlement.
- No fees charged until settlement reached
- Successful track record
- Works with high debt amounts
- Highly praised customer service
- Fees of up to 25% of settlement amount
- Negative impact on credit
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Freedom has definitely helped me with my credit issues and I'm thankful for it. A huge weight has been lifted off my chest. I would recommend this plan to anyone who needs help with their debt.Read full review
FDR has done a great job for me. They always answer my questions and take stress off my mind. They have helped me manage my debt without worries. Thank you Freedom Debt Relief! I will recommend you to my friends and coworkers.Read full review
What is Freedom Debt Relief?
Freedom Debt Relief (FDR) specializes in debt resolution, debt negotiation, and debt settlement services for those grappling with overwhelming debt. In business since 2002, FDR touts a record of saving its customers a combined $9 billion through debt settlements and is a Platinum member of the International Association of Professional Debt Arbitrators as well as part of the American Fair Credit Council.
If you have $15,000 or more in unsecured debt, an unsecured personal loan, or outstanding medical bills, FDR will work to help you negotiate a settlement with your creditors for as low as 50 percent of what you owe.
How does Freedom Debt Relief work?
You must have at least $15,000 in unsecured debt unattached to collateral, such as a house or car. If you qualify, you talk with one of Freedom Debt Relief’s debt consultants and determine a plan that works for you. Freedom Debt Relief’s program length can range anywhere from 24 months to 60 months, and you can track your progress on an online dashboard 24/7. To better see if you qualify, Freedom Debt Relief offers an online evaluation tool.
FDR will then help you set up a savings account, secured by the FDIC, that will allow you to deposit cash and help with your debt settlement. Your debt consultant will then determine when the best time is to attempt to negotiate with your creditors. If you reach a solution, Freedom Debt Relief will ask you to authorize the agreement, then charge you a fee based on that settlement. Freedom Debt Relief will not charge you a fee until a settlement is reached; however, not all creditors will allow you to settle.
Freedom Debt Relief FAQ
- How much does Freedom Debt Relief cost?
- When Freedom Debt Relief is able to settle one of your debts, it will charge you a percentage fee. While each case is different, Freedom Debt Relief’s fees typically range from 15% – 25% of the settlement amount.
- How does Freedom Debt Relief affect your credit?
- As with all debt relief or debt settlement programs, working with Freedom Debt Relief will likely negatively affect your credit. However, a Freedom Debt Relief program can help encourage positive credit habits, which over time could help improve your credit.
Is Freedom Debt Relief a good company?
If you have $15,000 or more in unsecured debt, Freedom Debt Relief may be able to help. While all debt relief services will likely cause a negative mark on your credit report, Freedom Debt Relief professionals can assist you in negotiating with creditors in a way that you may not be able to do yourself. Although fees may be high — as much as 25% of what you save on your debt — it may still be less than paying the debt in full.
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- 2,352,042 reviews on ConsumerAffairs are verified.
- We require contact information to ensure our reviewers are real.
- We use intelligent software that helps us maintain the integrity of reviews.
- Our moderators read all reviews to verify quality and helpfulness.
For more information about reviews on ConsumerAffairs.com please visit our FAQ.
I had quite a few bills and I wanted to get rid of them. A company sent me something through the mail, and I started going with them, but I had to keep going to some place where I had to keep on faxing everything that I had over to them, and it was costing me quite a bit of money. Then, the woman from Freedom Debt Relief called me on a Sunday. I told the other company I wanted my money back because I decided to go with someone else. So, they sent me the money back and I went with Freedom Debt. Their debt consultants were very good.
I would have been all done with the program, but my sister had one that I co-signed for her, and I didn’t remember that I did it. It was for CareCredit. After she passed away, her husband and her son were going through taking care of all her bills, and they called me and asked me about this one. They sent me a letter from the banks that they went through with CareCredit, and I told them, “I don’t remember having anything with them.” But then the bank sent me a statement with the name of the places that she was taking money because she had cancer and she needed quite a bit of money, and she asked me to help her, which I did. I'm her sister and I felt sorry for her.
When the bank sent me the statement stating where that credit was from, then it dawned on me, I did go and I took out the credit for her. So, when I told the bank I’m responsible for it, and I took that and I put it in through debt management, and Freedom made that deal with the bank. They paid it off now. May 19th was one payment and June 19th was the final payment.
I only have Merrick Bank and Cabela's. They made the deal with it. They’re paying them a dollar a month. I had six of them that I put through and CareCredit was number seven. Merrick Bank is the last one now. It would have been paid in 2018. But what happened was I don’t have an internet and my sister put it on her internet. She was looking it up. And when they were making the settlements, they would go on the internet with her, and she’d call me and tell me that they wanna make a settlement.
With Merrick Bank, my sister was getting chemo treatments and she was very sick and she didn’t go on the computer. I called and asked her, “Did you hear anything from debt management on your computer?” She said, “You know, I'm too sick to even go and look at it.” I told her, “You know, don’t bother. I'll just call them.” When I called, the one they sent her was a settlement and they told me what it was. It was supposed to be like $194 a month for a whole year until December of that year. But when they tried it, it was too late already, so they had to put it back at the end of the book. So, that’s why that’s the last one that they're gonna be working on now. One time, they did call me and I didn’t know what they wanted. I was home but by the time I got to the phone, they hung up, and they didn’t leave any message. So, I right away called them and it was to make one of the settlements. I'm very satisfied with Freedom Debt Relief.
Hi Rose! We are so glad we could step in and help you during your hardship. We are extremely sorry to hear about your sisters passing, our condolences! We are relieved to see even though there was a debt overlooked in the beginning process we could still step in, and assist you in resolving that account. If you need anything, please reach out to our team of professionals at 1(800)-655-6303. Thank you for choosing Freedom Debt Relief!
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Freedom Debt Relief (FDR) was a blessing from beginning to end. I enrolled four debts into the program totaling close to $60,000. FDR negotiated my debts down by 43%. I graduated the program in just 2.5 years, which is 19 months ahead of the estimated graduation date. I accomplished this by making as many additional deposits as I could by working lots of overtime and making sacrifices in budgeting.
My program deposits every two weeks were only $430, but this amount will differ for each person. There was a one-time account set-up fee for only $9. There was a monthly service fee of only $7.25. The NLLG monthly service fee was only $12 (NLLG is the legal protection in case you get sued by a creditor). Each phone or ACH payment to a creditor was only $3. Settlement fees were 15% of each enrolled balance but was only due after an individual debt was negotiated and I agreed to the settlement. These settlement fees were paid in installments or by lump sum, depending mostly on how much money was in my account. Note that all these fees may be slightly different for you depending on your location and other factors.
Overall, the fees were less than 2% of my entire program (not including the settlement fee, which was 15%). Do not let these fees bother you. They are very reasonable. The biggest takeaway from my review should be this: Make sure to stay consistent with your bi-weekly deposit schedule and make additional deposits as much as you can.
I heard of this program from a website, so I contacted a representative for more information and to ask several questions related to the program. The gentleman was helpful and supportive. I told him I would think about the program and get back to him soon. I did some research online to verify any details I could find. I decided to join the program. I had no trouble getting a hold of him and getting everything set up.
I received my welcome guide from FDR. I read through the guide thoroughly to make sure I fully understood the program. I read through the welcome guide more than once during my program, and I read through the frequently asked questions (FAQ) on my FDR dashboard more than once during my program. It is easy to forget a detail or two over time, so I wanted to make sure I kept well-informed about the program and my specific role in it. The guide said the first settlement may take four to six months; I got mine in about two weeks. The guide contained action items, which I made sure to follow exactly.
For example, I added their phone number and text code into my cell phone, I stopped making payments to my creditors, I stayed consistent with my monthly deposits, I kept them up to date on any changes in my life that may be relevant to the program, and I sent them any notices I received of my debts being sold to collectors. I was out of work for a short time, so I informed them when I was out of work and informed them when I got a new job. It is important to read those action items and be sure to follow them to ensure your best chance at success with the program.
I do not remember the exact count, but I contacted FDR by phone or live chat at least three or four times. The representatives answered my questions immediately, sufficiently, and kindly. If you need to cancel a scheduled deposit, make sure to call at least a couple of days before the deposit is scheduled. In one conversation, I was told my bi-weekly deposits would continue until all my debts were fully resolved, meaning the final payments have cleared both banks. Do not be surprised if you have graduated the program, but your deposits are still happening. Mine were refunded to me within three days or so once all transactions were cleared. I am greatly pleased and full of gratitude for this program and for the individuals in FDR who helped me to reach financial freedom. Thank you for your due diligence. Family, friends, and co-workers have heard from me how happy I have been with the results of this program.
Thank you so much for your generous feedback, Aaron. We couldn't be any happier than to know you have completed your graduation path and reached your goal of financial freedom! We also want to thank you for all your inspiring words and support you give to our company. We applaud you for this great accomplishment! If you ever have any questions or concerns, please contact Client Services at (800) 655-6303 or email us at email@example.com. Thank you for being the best part of Freedom Debt Relief!
In 2016, my son was dying in the hospital. I got a bill for 100 and something thousand dollars, it kept him alive. They found out what was wrong with him. But he was in the hospital for a month. And those medical bills kept adding up. We kept adding to the card too because we're paying for medical and paying for stuff. The next year, I had an open heart surgery, broke my leg, I had to get a pacemaker. So, within two years, we went from living okay to a life with so much debt. It hit me hard and I wasn’t able to continue paying on everything. Freedom Debt Relief took over in paying my bills. Everything went good with their consultant. I like the payment plan that they provided for me. When they get ready to make a settlement, everything falls in to place. So far, I’ve been able to pay my monthly bills off to where I can add to the monthly installment plan that I have with Freedom.
My only issue was they told me to leave a number and to change the address so I wouldn’t get bombarded with the credit companies trying to call me, which I didn't see the need because Freedom eventually would start the process of taking care of the bills and I'd have the choice of picking up the phone and talking to somebody. With that, my address changed in the whole system so when other people tried to locate me, they started sending their inquiries and their bills to a fake address. I had a medical bill that people were trying to collect on and everybody thought I live in Arizona because when you type in my name, one of my addresses is Arizona. When they finally got a hold of me, it was a collection agency. I never got that other hospital bill because it went over to Arizona. I would have taken care of it, but I didn't like the idea that the medical bill went to a collection agency. I’ve had that experience with two different companies as well.
My other issue was when I sent the bill in, I asked the Freedom people about a month ago why they haven’t taken care of the smallest one. They said they don’t choose them like that. It doesn't work that way. In fact, this one company just recently sent my bill to collection and that’s going on my report now. It was below 500 and now, it’s up to $800 because I haven’t paid on it within the last year and a half. Had I known that, I would have gone ahead and just continued. But it doesn't matter because by not being able to pay the bills, I'd still get a mark on my credit score for that, regardless. And then, the guy told me that once I make an agreement, they start paying down any bill. When it’s paying up, it’s up to the people there. Within a month, they usually take it off the credit report.
And then, it increases the credit score because some of the things that I put in were my husband's and some were mine. There were a total of nine and they have three paid off. They have four in the works, and they have two that they still have to negotiate. It’s the highest one and the lowest one that needs to be worked on. And I’m about to pay two of my bills off totally. When I do that, they told me that they’d be able to make negotiations for another one. I’ve been with them a year and a half, so I’ve got about another two and a half years. But they got it set up to where some of the things will be paid off. I was able to pay all the medical bills off. That was why I was able to increase how much I put in. And when you increase your monthly payments or you make an extra payment, they pay off some bills quicker. Every time they pay one off, they make negotiations on another one.
I made a contract with them. I started with $420. And now, it is up to $500. They told me how much my total bills were and my monthly payments. They told me that the bill would average me over $800 a month. So, when I signed up with them, they knocked it down to me owing just half of that. The payment started out at $420 and they take 210 out biweekly. I had three checks coming in a month. When I told them what days to take it out, half a payment comes out of one check, and half a payment comes out of the other one. And I don't have to worry about those bills, or those credit cards.
Now, if I go ahead and I end up increasing it $50 per paycheck, that’s $100 more a month, and they will be able to negotiate on another card to pay because they have the money in the account, and they charge a fee when they take stuff out of the account. As your account builds up, they make your payments and they give you a schedule. And that shows what happens to the money that you got in there and what you're putting in.
Also, there’s a telephone number that you can call or a site you can go on if you wanna increase your monthly payments or do a one-time payment. I can just put $100 in or I can increase it, and that was how I’ve done it whenever I’ve increased it. I’ve called the telephone number about four times when I had any questions and they answered my question with a bit more knowledge. It helps you understand what they're doing, and how they're doing it, and where your money’s gone.
When you pay your credit cards yourself, you’re paying on a lot of interest. And every time you paid, only $10 of what you paid goes to the card itself. I was doing the thing where if you paid minimum, whenever the thing would come through, it would be like I only paid three dollars on the whole thing. So, the card can really add up. Before I went to this debt relief, I tried to call the credit card companies and asked them if they would work with me on the interest. I was having trouble paying my bills and nobody would work with me. It’s funny that I had to go to a card company like Freedom to help get me out of debt when all they had to do was agree to lower the interest.
Overall, I’m not worried about the amount of money that I paid Freedom because whenever they send the particulars, when they agree and everything else, they fax or email you what they’ve agreed to - how much the monthly payments are gonna be and what the total amount is gonna be to pay a card back. So, it’s saving me thousands of dollars. One of them was $4004, and the company agreed to take 28 instead of the 4000. So, they're big chunks of money that they save you.
Hello, Julia, We are sorry to hear about the difficult medical situations you have been through. We are glad that our program has been of assistance thus far, and that you are now in a more comfortable payment plan to work towards paying off your debt. reach out to our client services department at (800) 655-6303 or firstname.lastname@example.org if you have any questions or comments regarding your account. Thank you for choosing Freedom Debt Relief!
We live in the RV capital of the world and my husband and I were both in RVs. The RVs tanked since 2008 and stopped. We went from bringing home three grand a week to bringing home 300 bucks a week. I was also pregnant and I couldn't work, and my husband got let go. We lost everything. We had built back up, and it takes a long time to get built back up and get back on track. Then I got sick. They thought I had thyroid cancer and I ended up missing three months worth of work because I got septic. Before that, I didn't have issues. I actually had a pretty good credit score.
Freedom Debt Relief was there and they are helping to get it back on track to get the creditors to stop calling because that in itself is just stressful. We're not having to deal with those calls anymore and that makes it nice. We also had somebody that was gonna take us to court and Freedom Debt Relief did prevent us going to court. That was very good because we didn't have to take a vacation day or miss work to go to court. They took care of it on our behalf.
Freedom Debt Relief has been great. They prevented me from filing bankruptcy. I've already recommended them and they're helping my sister. The only thing that I'm dissatisfied about is the whole income thing. They did not explain to me that I have to pay taxes on any money that they saved me. They're supposed to help me do it and I'm gonna get a 1099 from each one of my creditors. Then I have to claim that as income. Now, I'm a little scared. Do I need to up my taxes being taken out of my check every week to maybe cover this or what? What if I have to pay them 10 grand? Nobody's giving me any real answers.
They are a little slow too. I had enough in there before they even made my first settlement. I could have paid out two of my credit cards which weren't huge ones. I understand that they're letting all my debt fall behind and that way, it forces the creditors to make a deal. But there were times that there was more than enough in my account to pay off a couple of the small ones and not make them get so bad, and Freedom Debt Relief just completely ignored them. That is a little bit disturbing because with the money I had in there, I could have paid that off, I wouldn't have had that on my credit, and I wouldn't have to pay taxes on it.
The more that we're looking at it, Freedom Debt Relief is not really saving me that much money because what they're doing is basically writing off the interest. I submitted something that's $800 then by the time they did a settlement on it, it looks like they saved me $1,500 but they didn't because I was making that payment and that payment was good. I was on time and they're the ones that let it get it that far behind before they try to do a settlement with them. They also didn't really work with me on a payment plan. They told me how much I had to pay, and I had to pay it. My payment is automatically deducted every two weeks so we make two smaller payments instead of one. Whenever they reach a settlement, they email me a settlement form then I have to approve it.
Thank you, Jill, for sharing your Freedom story! We are pleased to be able to assist you to a brighter financial future. Please reach out to our Client Services department at (800) 655-6303 or email@example.com if you have any questions or comments regarding your account. Thank you for choosing Freedom Debt Relief to assist you on your journey to financial freedom!
I have been enrolled with FDR since February 2019 and now that it is July, I feel confident in writing a review.Freedom Debt Relief is a company which will take all of your unsecured debt and negotiate with creditors/collectors on your behalf through their affiliated legal group NLLG to get your accounts settled to a fraction of what you owe. When I first heard this, I was worried it was a scam but I am really happy to say that it is not.
A little background on my situation. I went to college with the help of a co-signer to get my student loans. Some I got deferral without a cosigner. I graduated and found myself in a successful career. I was paying on my loans and even got married and bought a house when something totally unexpected happened. My co-signer filed a chapter 13 bankruptcy which automatically defaulted all of my student loans he signed (8 loans in total, totaling about $80K). I was completely locked out of them. I would send payment checks to the company only to be told over the phone that they could not tell me if the checks were received or were being directed to my account so I gave up. I was told by my co-signer that the bankruptcy covered the loans and that they would be gone at the end of the 7 year term so I forgot about them and continued to pay my federal Loans... until the 7 years were up.
At that time I was pregnant with twins, had moved across the country and was renting a home with my spouse when I started getting collections calls. It became a nightmare. They insisted I make large ($400-600) payments for EACH LOAN that was defaulted or pay them in full. I felt overwhelmed and defeated. I had other federal student loans that I was already paying on, car payments, rent, husband's student loans and I was on maternity leave about to deliver my children and all the money I had saved for my family was suddenly gone.
One of my children was sickly and required extra medical care and regular doctor visits. I paid each collections agency what little I could to stop them from constantly calling me and we moved from where we were to a less expensive area. I couldn't afford daycare so my amazing in-laws stepped in and moved across the country to try to help take care of the kids so I and my spouse could work full time to try to manage our finances. I felt utterly defeated.
Eventually, the apartment we were renting became too small as the children got bigger but no one would allow us to rent a home with 4 adults, two small children so we wound up buying the cheapest fixer-upper home that was large enough to accompany all of us because we could not afford to rent two apartments. Needless to say, when the water heater died and the house did not come with appliances, we had to pay for that. Suddenly, just to get diapers and everything we needed was put to credit cards because the rest of our money went to collections agencies and bills. To put it in perspective, in total I was paying $1740 monthly to credit cards and student loans/collections. This doesn't include car payments, husbands student loans, etc. We couldn't keep up. We didn't have enough income. Then came FDR...
I was applying around to see if anyone would give me a consolidation loan. I was desperate to get the loans out of default and into a payment I could afford but no one would help me. Then I spoke with a person named Troy who said, "Have you heard of Freedom Debt Relief? I cannot give you a loan but I believe you qualify for the program." From that moment on, my life and that of my family was utterly changed.
Troy was the person who helped me into the program and got everything set up. He told me it would negatively impact my credit at first which didn't bother me at all. My credit was already shot. He told me it would take a few months to accrue enough money to start negotiating with collectors and explained how everything worked. I enrolled the majority of my debt that I could. I could not enroll it all, because I wanted to be sure I could afford the monthly payment to FDR without fail. Then something amazing happened. My monthly payment to FDR was something I COULD afford, and it saved me enough that I was able to save up and pay off my federal student loans.
When they were gone, I was then able to save enough (thanks to tax returns and no longer paying what I did to collectors) to settle on my own, the other debts I could not previously afford to enroll in the program. I changed all my work benefits to maximize my income, I sold things to make money and did overtime. I changed from a phone plan to something much cheaper. I started listening to Dave Ramsey and cash-budgeting and couponing. Now not only can I afford my monthly payments, but all the smaller loans I was able to pay-off on my own allow me to give that money to FDR to speed-up my payoff of the program.
I have 3 settlements in process as of my writing today. Customer service has always been very helpful in answering my questions or concerns via the phone. The client dashboard is very easy to use. My first settlement didn't come until about 5 months into the program, but I have so much enrolled that it took time to get enough deposited to really push things forward. Now I have a strict budget for all of my expenses and I plan ahead for things like Car registrations. I feel like I can finally breathe and I see a huge light with a rainbow at the end of the tunnel and I am just so thankful and grateful to FDR for helping me get this far.
My graduation estimate was 36 months but I'm going to keep depositing as much as I can and selling things and working overtime to see just how fast I can graduate. I feel like the sky is the limit and I know it doesn't end with FDR. Once I've finished the program, I plan on sequentially paying off our car loans and my husband's student loans and then we are DEBT FREE. The mortgage is a whole other ballgame, but I am so THRILLED and EXCITED at the progress I've seen and as Dave Ramsey says "Live like no one else so you can LIVE like no one else!"
I'm not making any of this up. Joining FDR is not the end game. You have to change your money mindset. You need to budget. You need to work hard. You need to be wise with your money and pay FDR at least monthly but I assure you that if you enroll in FDR to win and get and STAY out of debt, you CAN do it if you really want to. It's not a gimmick. The change begins with you first, and FDR is an amazing helping hand. And definitely enroll with the NLLG group. It's a monthly fee but it is TOTALLY worth it and the payment is included in your monthly payment. I would have been in trouble without them.
Thanks for the awesome review, Patricia! We work hard to meet expectations like yours, and we’re happy to hear we hit the mark for you. If there is any other way we can help out, please contact customer service. Thank you for being a part of Freedom Debt Relief.
I enrolled in FDR in June 2018. I couldn't be more pleased with the settlements so far. When AE sued me there were lawyers available to handle the settlement. I wouldn't have a clue how to proceed. I am not able to make large deposits but they seem to be able to work with what I can squeeze from budget. I had a medical procedure last year and maxed the one credit card I have and used all the money in checking. Customer Service allowed me to reduce payment for 2 months to get caught up. I would recommend FDR to anyone who has abused their credit cards;
I was first doubting which company to select so I went with FDR. It has been 6 months and they have already done a settlement with 3 accounts, including my 15000 loan. They are very transparent and their dashboard is a blessing. Every time I call I am greeted very well and with respect, something I value. I now have peace of mind and know that I am on the correct path. I would give it 6 stars if I could. Thanks FDR!
FDR received enough money to pay our accounts off in full months ago. They calculated it with us. They never did a lump sum payout and ended up originating more costs. They continue doing it to this day. After putting over 4 grand on the account and waiting a month for resolve we called and was told the reason they didnt request the lump sum was because we needed another 300 something dollars. I was upset but I paid it and was told it was being submitted for escalation.
After a couple of weeks I called to check on things and was advised I needed to pay another 170 something dollars. I argued it this time and the guy went over the account and came up with the amount with me which I honestly cannot fathom how the last 2 people got it wrong. I paid the amount and was told it would be processed for escalation again. Weeks later I call again because we are in the process of buying a home and need proof the accounts are paid by closing. Well I'm advised that I owe another 90.00 or so. I told the girl I wanted a full breakdown because this is not right at all. She breaks it down for me and says, "O you're right. You do have enough. I will submit it for escalation." I explain the whole past with her and she just apologizes and says this time it will be good.
I wait 1 week and call back. I get a young guy on the phone who tells me I owe more money and I tell him, "No. I was promised last week I was good and that everything would be handled." I ask him for a breakdown and he hangs up on me. I get on the chat feature and talk to someone and she breaks it down and says she sees enough money and doesnt understand why I was told I owe more.
So now I waited almost a month I think and I called yesterday. I get a woman on the phone who really upset me. Instead of finding a solution for the fact that they keep adding more money to my accounts she just mocks me by continuously saying how she understands how buying a home can be so stressful. No, I'm stressed because I'm being robbed by this company. She tells me they are nonprofit and dont make anything off of my program continuing and their goal is to close it out, but then tells me the reason my fees keep going up and my lump sums are being rejected by their bank is because I'm being charged fees each month for the program. They take 21.95 per month. She advised me to put a couple hundred on the account to make sure theres enough money. By time their bank gets my request it will still have enough and they will refund me any extra.
I literally cried in so much anger on the phone with her. I advised her how I've been down numerous times. This is the last deposit needed and yet here I am again being told I need another 75.00. I literally feel trapped in this program and I'm scared to even put more money down at this point because I am constantly told lies. When you talk to FDR you are not talking to their bank. They will tell you they are nonprofit and they make nothing off of you. That's because the bank does. I think its crossroads bank. And the settlement fees are crazy. Between settlement fees and the monthly fees you pay more. I dealt with that because they were doing the leg work for me, but now they are sitting on my money and just racking up fees. It is not right at all what they have done to us. And the fact that they can see this and they wont make it right is just beyond me.
Also before I talked to the last lady I talked on chat and was told they were reaching out to my creditors for lump sum payout but they werent responding. They advised me that I could reach out to them myself and I could request the money from my FDR account in that amount and pay it myself. Me and my husband called Capital One and they advised us that they cant negotiate with us because FDR has power over our account now but they talk to FDR daily and take lump sums all the time. They looked and seen that no one had reached out to them from FDR. So we were completely lied to. This is the most awful feeling.
We are coming up on closing on our home and we will have no proof of our accounts being paid off. We are looking at March of 2021 for our last payment to a creditor and they continue taking 25.00 per pay period because it's the lowest they could put our biweekly deposits at until the accounts are paid off. So 50.00 sometimes 75.00 per month is still going into the FDR acct, so why are the fees continuing to add up every time I call. Anyways I seriously couldnt hold it in anymore so that is why I am finally writing this bad review. I hope it helps someone in the future.
Nicki, our sincerest apologies on how our program has taken a turn when attempting to complete your graduation path with us. We never want our clients to feel trapped! We simply want to see you resolve your debt and access the financial future you desire. We would love an opportunity to address all of your concerns and finish what we started in helping you reach your graduation path. One of our experienced team members will reach out to you shortly. Thank you for bringing this to our attention and choosing Freedom Debt Relief.
I’m very happy with the outcome even though it took 4 years to solve it. I recommend other people to do the same. In the future if I have the same problem I will contact them again. Their customer service is very good and polite. They keep informed of what’s going on.
Because of unseen circumstances I found myself in deep debt. FDR helped me not only work out of my debt, but relieve my mind as well. They are very customer driven. Would definitely recommend them if you are having debt problems.
Freedom Debt Relief Company Information
- Social media:
- Company Name:
- Freedom Debt Relief
- Company Type:
- Year Founded:
- PO Box 2330
- Postal Code:
- United States