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Freedom Debt Relief Review & Debt Tips

Is Freedom Debt Relief a good option for debt relief? Can you do a review of Freedom Debt Relief for me for my debt troubles?

Is Freedom Debt Relief a good option for debt relief? Can you please do a review of Freedom Debt Relief for me to determine if they are the BEST debt relief option for me? Their are a lot of debt relief scam companies out there and I want to be sure that Freedom Debt is a reputable and good debt relief company for my credit card debt problems.

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Bill's Answer
(30 Votes)

Updated: Oct 23, 2012 | Find Learn Save

  • Freedom Debt Relief is a leader in debt settlement.
  • Freedom Debt has resolved over $1 billion in debt, the most of any debt resolution company.
  • Debt settlement is not for everyone. Learn what debt relief solution you need and then pick the best debt relief provider.

The staff researched Freedom Debt Relief and reviewed information on the company and on its debt resolution strategies. We give Freedom a thumbs up.

Yes, appears to be a good option if you seek debt resolution or negotiated debt settlement. They are not a scam and have helped tens of thousands of clients resolve thousands of dollars in debt through debt settlement. The company is a leader in size and in quality, and is a good fit if you qualify for Freedom Debt Relief’s solution. offers a that outlines your debt relief options, if you want to see more information on Freedom Debt Relief.

I will also share some of the basic homework and the facts, but be sure to pick the solution that is right for you:

  1. Freedom Debt Relief appears to be one of the largest debt resolution firms in the country, settling more than $100 million in client debts per year and managing over a billion in consumer debt (making the company one of the largest).
  2. The founders of the company are Stanford Business School alumni with impressive backgrounds in the financial services industry.
  3. One of the founders of Freedom Debt Relief is on the executive board of (AFCC).  The AFCC was formerly TASC, The Association of Settlement Companies. The AFCC is the leading debt settlement industry trade group. The AFCC has a strict for its members that demands transparent and accurate communication with clients as well as full disclosure of the risk and benefits of debt settlement. Freedom Debt Relief is very active in setting regulations and standards in the industry to protect consumers.
  4. Freedom Debt Relief has won many awards (Best Places to Work in Phoenix, Best Places to Work in San Francisco, Entrepreneurs of the Year from Ernst & Young, Fast 100 list by Entrepreneur Magazine, Inc. 500, and others).
  5. Freedom Debt Relief’s debt consultants are IAPDA certified. The company is one of the few to be AFCC and BSI-certified for excellent customer relationships.
  6. The company looks solid and credible, having been around long enough to serve thousands of graduates and to have developed efficient systems and business procedures.
  7. Freedom Debt Relief has been in business for over a decade, so you have confidence that it has stability.

Because we believe Freedom Debt Relief is a very good option, we also want to make sure you do your homework on debt settlement and make sure this is the right debt relief option for your situation. Debt settlement is not a perfect solution for every household.

If you want general information on , I can give you the following facts:

Debt settlement, also called debt negotiation, is a form of debt consolidation that resolves your total debt via a form of negotiated, reduced-balance settlements, sometimes more than 50%, with low monthly program payments. Debt settlement programs typically take approximately three to four years to complete, and require perseverance and commitment to stick to the program until all of the debts are resolved.

Keep in mind you are not paying your creditors during the life of a debt settlement program. This means the trade-offs for debt settlement are a negative credit rating and answering collection calls. However, if you struggle to make your payments now, chances are your credit score has already suffered.

Debt settlement offers:

  • Speedy time to program completion for many consumers
  • Lower program costs in comparison to credit counseling debt management plans
  • Lower monthly program payments than credit counseling debt management plans
  • Debt freedom while avoiding bankruptcy
  • Manageable negative factors

We think Freedom Debt Relief could be a great debt settlement partner for you! In the interest of full disclosure, Freedom Debt Relief is a member of Freedom Financial Network, as is We have met with Freedom Debt Relief personnel. We believe the company offers excellent service and a good value to its customers.

I hope this information helps you: Find. Learn. Save. Also, be sure to check out our where consumers and clients post their ratings of Freedom and many other debt relief providers.

Good luck,


P.S. Contact Freedom Debt Relief directly to learn more yourself at (800) 544-7211

2014 Update

Since the initial review, Freedom Debt Relief has grown to become one of the largest debt resolution providers in the country. They have now resolved more than $2 billion in debts for their clients, showing real results for their clients. We are not aware of any other settlement firm that has resolved this much debt and saved as much for its clients. The company is currently A+ rated by the BBB (the Better Business Bureau) and complies with federal and state regulations that relate to debt resolution. Importantly, they do NOT charge fees in advance of consumer benefit or getting actual settlements, which is consumer friendly and the model advocated by the federal government.

Freedom is recognized as one of the best places to work in Phoenix and San Francisco, was named to the Inc. 500 and Fast 100.

It was audited by BSI Group, a third-party industry compliance and standards auditor. Freedom Debt Relief is currently one of only 16 companies in the industry to undergo and pass a BSI audit for formal accreditation, including client service standards and settlement standards. The company has served 75,000 clients and still average a 98% service level and customer service client on-hold times that average 5 seconds.

All Freedom’s debt consultants passed International Association of Professional Debt Arbitrators (IAPDA) certification, and FDR is one of three Platinum-certified debt settlement companies.

In late 2010, the FTC passed new rules and regulations that prevent debt settlement providers from charging any fees before a settlement is reached. Freedom Debt Relief is fully compliant with these FTC rules. This means Freedom Debt Relief clients do not pay a cent in fees until they see results. This consumer-friendly rule change makes working with Freedom Debt Relief a smarter choice than ever.

(30 Votes)

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  • LP
    Feb, 2013
    Meadville, PA
    I just gave my SS# to Freedom Debt Relief. Should I not have done this? I just have this nagging feeling and want to make sure I am not going to be the victim of identity theft?
    0 Votes

    • BA
      Feb, 2013
      You should be ok, but feel free to call them back and ask them to confirm that the only use is for a soft-pull (no credit impact) of credit for evaluation of a custom debt resolution program. Good luck.
      0 Votes

  • JC
    Nov, 2012
    Texarkana, TX
    Overall I have been happy with Freedom Debt Relief, but I was told I would have the flexibility to change the date that my bank account would be drafted, as long as I gave 5 days notice. That was very important to me, because I am self employed in the construction business, and my income has some major down times. I have recently had a bad stretch, and when I made a request to change a draft date, I was told that it could not be done, because of agreements made to a creditor. I told the representative that the money would not be available, but they drafted my bank account anyway. My bank covered the draft and charged an overdraft fee.
    4 Votes

  • MM
    Jul, 2012
    I joined FDR in Sept 2011...they've settled 4 out of my 7 accounts so far. All accounts have been settled at 40% of what I owed. The staff is great and the collection calls haven't been as bad as I thought! Yes my credit score took a nose dive but that's the price I have to pay for running up my credit cards! Citi has been the hardest company to deal with! I owed a total of $36k and should have all debt settled on less that 3 years total! Thanks FDR!!!
    4 Votes

  • BS
    Feb, 2012
    Portola Valley, CA
    I am considering Freedom Debt Relief. I heard that Freedom Debt only charges fees AFTER a client gets results. Can this be true that there are no upfront fees, and that you truly only pay for the service AFTER you get the benefits?
    5 Votes

    • JH
      Feb, 2012
      Lake Forest, IL
      Yes, this is correct. Freedom Debt is one of the few companies that complies with new consumer rules that state that a company can only charge a fee after the debt is resolved, account by account. So it is true! Freedom is a good choice if you have lots of debt or financial hardship.
      0 Votes

    • BA
      Feb, 2012
      Jon is correct. Freedom Debt does not charge any fees until after successful debt resolution. This went in to place for all clients enrolled after October of 2010.
      0 Votes

  • MT
    Jan, 2012
    Mountain View, CA
    Can clarify its relationship with Freedom Debt Relief?
    4 Votes

    • BA
      Jan, 2012
      Bill is an independent LLC, but considers as a sister company the Freedom Financial Network, which also owns Freedom Debt Relief. is editorially independent. We call things as we see them. We have no problems pointing out the pros and cons of debt settlement.
      0 Votes