When you get a credit card, you are given more power over your money than with any other type of loan out there. More often than not, they come with high-interest rates and late fees that make it much more challenging to use your credit card for the freedom it offers. What should you do if you have found yourself caught in this type of debt trap? Learn how to free yourself from unnecessary payments today!
Freedom Debt Relief scam website offers a fast path to pay off your debt with no credit card payments, or you can even ask Freedom Debt relief how they can negotiate with your lenders on your behalf for an affordable payment scheme. The FTC investigated the company for a wide variety of consumer abuses. In 2013, the company was fined over $109 million for many violations, including illegal debt collection tactics.
The company promises to “help” consumers reduce their credit card balances by 25% or more within 6-12 months. They offer personal finance seminars and claim that anyone can work with them regardless of their financial situation. In 2009, Ripoff Report named Student Loan Corp one of the top 10 worst companies in the nation.
What is Freedom Debt Relief?
Freedom Debt Relief scam. I’ve read through some stories online, watched videos, and taken a look at their official website to see if they are legit, but they are not what they claim to be, in my honest opinion. You can learn more about the Freedom Debt Relief review in this article, so go on reading. *DISCLAIMER: This post includes affiliate links. That means that if you click on the link and make a purchase, I will receive a commission. While clicking those links won’t cost you extra money, it helps me keep this site up and running. Thanks for supporting Extra Income From Home!
How Freedom Debt Relief Works?
Freedom Debt Relief is one of the companies which offers debt settlement services. The company is a member of the Association of Settlement Companies (ASC).
According to their website, they have “experienced leaders,” and they help you “get out of debt fast by doing everything legally possible.”
Does Debt Relief Work? Yes! Debt settlement is one of the fastest ways to eliminate your debt. According to consumer reports, it works in 80% of cases.
What are the Pros and Cons of Freedom Debt Relief?
Freedom Debt Relief scam website offers a fast path to pay off your debt with no credit card payments, or you can even ask Freedom Debt Relief how they can negotiate with your lenders on your behalf for an affordable payment scheme. However, it is of utmost importance that you do thorough research to learn about the pros and cons of Freedom Debt Relief review programs before you decide to enroll.
The thing you should keep on your Mind
- Do Freedom Debt Relief scam programs offer any benefits?
- What are the pros and cons of the Freedom Debt Relief scam program?
- What are the advantages of enrolling in the Freedom Debt Relief scam program?
- Is Freedom Debt Relief a scam?
- How much does the Freedom Debt Relief scam cost?
- Does Freedom Debt Relief review offer any help with credit scores?
- Are Freedom Debt Relief scam programs worth it?
Is Freedom Debt Relief a scam?
As most people know, Americans today have been experiencing tough economic times. Many individuals were duped into entering a debt relief program in which they will supposedly reduce their credit card bills by a massive amount and eliminate their debts. I wouldn’t say it’s a scam, but is Freedom Debt Relief a scam? To get answers to this question and others, continue reading. Freedom Debt Relief Review Summary
In this Freedom Debt Relief review, I give a quick overview of the company, its website, and its services. If you want more details, continue reading.
How Does Freedom Debt Relief Work?
Freedom Debt Relief provides debt negotiation services to people with high-interest credit card balances. With Freedom Debt Relief’s help, you can pay off your debts faster than you could on your own or with other debt relief programs.
How does Freedom Debt Relief work?
Freedom Debt Relief has been around for almost a decade. However, it is not accredited with the Better Business Bureau, and multiple complaints have caused that to get quite a few negative reviews from customers. Freedom Debt Relief wants people in bad situations like bankruptcy and foreclosure to pay $200 upfront and sign up for their free consultations.
The total fees they will charge you after they’re done with you and all the paperwork is filled out are $2000. Yes, that’s right: Freedom Debt Relief charges you a little over $2000 to help you with your debt problems.
Yes, you do get two free consultations, which is better than nothing, but their reputation has not been excellent so far, and it’s not exactly something you want to sign up for.
Is Freedom Debt Relief legitimate?
After accumulating significant debt from years of hard work, entrepreneurs find it enticing to sign up for “Freedom Debt Relief.” This company uses paid marketers to convince people that they can clean up their finances with minimal effort, but they don’t say how much hard work and money you will need to invest after signing up.
The truth is, you can clean up your finances without paying anyone thousands of dollars for a few pieces of paper and a fancy website. This company is a scam that won’t help you with your credit report or debt.
Conclusion
The FTC investigated the company Freedom Debt Relief scam for a wide variety of consumer abuses in 2007 and has been ordered to stop operating. They have been given another chance to prove their claims of being a legitimate service and work towards helping consumers by reforming their business practices.
