Freedom Debt Relief Reviews
In an industry that is often murky and involves questionable practice, Freedom Debt Relief (FDR) is a company that stands for transparency, honesty and fair practice. With leadership that has over 100 years of experience and $3 billion in resolved debt, this company is one of the biggest in the industry and has a proven track record of service. When you are looking for a debt settlement service, trustworthiness should be the most important characteristic in the company that you choose. With the consistently positive record that FDR has, it's hard to beat their level of authenticity and reliability.
Debt is one of the most common financial struggles that adults endure. With life come problems, uncertainties and unexpected expenses – debt happens and that's why Freedom Debt Relief offers debt consolidation. Many individuals have no choice but to resort to take out loans, open credit cards and incur overdraft fees simply to make ends meet.
One avenue that FDR offers and that is available to individuals who are seeking debt relief, is debt consolidation. Through this service, those who incur debt are able to speak to a debt management company. Here they can get realistic suggestions on how to slowly get rid of their consumer debt. Some of the benefits of debt consolidation are reducing your monthly bills and cutting down interest rates by combing multiple debts into one.
Things to Consider
There are many providers out there who are offering consumers similar services and you should make sure that you are making the right decision when it comes to debt consolidation. Each company has their own fees, program, services, reputation and standards. Be sure to thoroughly research each company so that you are positive that it is the one which suite your needs the best. Specific debt consolidation services also make available to you, credit counseling. This is beneficial to those who are struggling with debt and want reassurance while opting for the service. Ensuring that customers feel 100% secure is part of FDR's standards.
FDR's Debt Settlement Option
Aside from debt consolidation, FDR offers a full suite of debt relief options that are worth mentioning. The debt settlement process with FDR is hands-on from start to finish. They first start by evaluating your debt in an effort to determine your best relief options. Upon cultivating a recommended plan for you, you are able to customize your debt relief program and tailor it to your specific circumstances. Once you have chosen the best course of action, you can begin saving funds for the program. How this works is you make payments into an account that you completely control. This is a significant difference when compared to other debt settlement companies who often require you to give them access to your personal accounts or put money into an account that they control. FDR never takes control out of your hands – you have complete authority as to how you manage your funds. Personal information to be handed over is certainly never asked for and never used at FDR – a refreshing alternative to competitors.
Once you are in a comfortable economic state and have saved enough money to work with, Freedom Debt Relief will contact your creditors to negotiate a resolution. FDR does not charge any fees until your enrolled debts have been resolved.
Are you a Candidate for Consolidation?
Remember, debt consolidation is not the best option for everyone who is struggling with debt. As with most things in life, you have to find what works best for you and what fits in efficiently and effectively in your overarching goal. It is not a magic bullet for all debt related issues. FDR is clear that consolidation is ideal for people with more than $10,000 in debt and they also highlight the risk of losing your collateral assets with a secure loan. This type of transparency is refreshing in this industry. There are no hidden surprises with FDR because they make sure to present all information to you up-front. Plus, they go through the pros and cons of each of the major debt relief options on their site. These features are part of the FDR advantage and are what sets them apart from other debt relief companies.
Customers who take advantage of Freedom's debt consolidation services report feeling at ease with the service provided, have admiration for their ability to listen and communicate a solution to you. FDR's goal debt-free in the most fair and honest approach possible. Debt is hard enough to deal with.
Verdict - Great
Freedom Debt Relief is a huge player in the debt relief industry with a large number of resources and manpower. They also have a proven track record of success and an attitude of transparency and honesty. This does not mean you should blindly trust them with your debt consolidation needs - always ask questions and make sure you are getting a fair deal. It does mean, however, that FDR is definitely worth your consideration. As with all companies, FDR has its pros and cons as well. Be sure to do consider all your when choosing debt consolidation as many companies may have hidden fees or unknown costs that they do not make public. Dealing with debt is something that many people go through but the beauty about companies like FDR is that they are here to assist in getting through the debt in the most authentic way possible. FDR has a reputation among its customers for lifting the weight of debt off their shoulders and assisting in adjusting their financial situation for the better.