Freedom Debt Relief Reviews – Summary
Anyone who has been through debt or is going through debt right now likes to know all the different possible options in terms of how to settle it, or how to settle it with fewer monthly installments, for that matter.
Freedom Debt Relief reviews are important in separating the hype from the real business. According to the TV ad, you can cut your debt in half by making just one payment per month. The company claims it can help you get rid of your debt in two to four years without filing for bankruptcy or getting credit counseling. Rather, the company claims to negotiate with its creditor to reduce the amount owed.
However, according to some Freedom Debt Relief reviews, some of those who signed or filed for bankruptcy, while others even found increased debt. Some reviews indicated that the company did not even contact creditors to negotiate lower debts.
Many consumers discovered that Freedom Debt Relief Company had sent all accounts to collection agencies. Therefore, many clients never got over their debts, even with years of service and administration fees paid to the company. To top it all, it turns out that Freedom Debt Relief didn’t even operate under a business license in the state of California.
The bottom line
Freedom Debt Relief reviews indicate that consumer after consumer feels misled and at least disappointed in the way Freedom Debt Relief distributed false advertising, failed to do what it claimed it was going to do, and even practiced in the state of California with no commercial license. It has lost all credibility and continues to charge administration fees to people who are already deeply in debt and looking for a way out. What Should Consumers Do?
According to Freedom Debt Relief reviews, the first thing consumers should do is cancel their Freedom Debt Relief sponsorship and then speak with the creditors themselves to try to see if reduced payments will be allowed. Negotiate a capital reduction with a company that helps reduce debt. The way to know whether or not a business will help reduce debt is to read various reviews and check with the Better Business Bureau if they are working effectively and if they have good reviews from consumer reports.