Home Money Freedom Debt Relief review: Accredited debt relief company with results in as little as 90 days

Freedom Debt Relief review: Accredited debt relief company with results in as little as 90 days

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Freedom Debt Relief review: Accredited debt relief company with results in as little as 90 days

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Freedom Debt Relief is a national leader in debt relief solutions for consumers. The American Association for Debt Resolution accredits it and says the company will help people with at least $5,000 in debt in most states. According to a representative, around 55% of their clients see debt settlement negotiations in the first 60-90 days. All rates and fees are current as of April 2024 and are subject to change.

Freedom Debt Relief









Eligibility & Requirements: $5,000 in most states; the website advertises as little as $1,000
Fees: Varies by state
Ratings: BBB A+
Accreditations: AADR
Savings: UP to 50%
Time: 24-48 months


How Freedom Debt Relief fees work

Freedom, like most other debt relief companies, make their money by charging consumers a portion of the enrolled debt settled.

How does working with Freedom Debt Relief impact credit score

Credit scores usually drop when working with any debt relief company because the company asks you to stop making payments when they settle your debts. This will cause the creditor to report negatively to the credit agencies.

How much can I save by using Freedom Debt Relief?

Depending on their credit scenario, each person will save a different amount using Freedom Debt Relief. Consumers should expect to save about 25% of their debt after fees. 

How long does Freedom Debt Relief take to settle debt

Freedom Debt Relief usually sees results for settlement within 90 days. The whole process can take up to four years to complete, with most customers seeing their debts paid off within 24 to 48 months.

Are there risks with settling debt with Freedom Debt Relief

Consumers who use debt settlement companies risk seeing their credit scores drop. Because payments are halted during the negotiation process, negative dings are added to consumers’ credit reports. 

Freedom Debt Relief’s reputation for settling debt?

While several hundred complaints with the BBB for Freedom Debt Relief are not uncommon for debt relief companies, we didn’t see a history of litigation for the company, which is a good sign. In fact, the company has more than 42,000 reviews on Trustpilot, with a 4.6-star rating, suggesting that the bulk of its customers are happy with the service. 

Is Freedom Debt Relief right for you?

Freedom Debt Relief is a good solution for consumers who have more than $5,000 in unsecured debt and need help reducing the payments and debt amount.  Consumers should do what they can to preserve their credit and pay off debt before engaging with a debt settlement company to mitigate the impacts of debt settlement on their credit score.  

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