A lot of use has outstanding bills that we are not able to pay and when a creditor decides to forgive you with a portion of your debt in replacement for a portion payment, this is called Debt Settlement. But you want to leave the payment of your debt to a third party, like a debt settlement company, then you can consider Freedom Debt Relief, this helps you to help your debt. Freedom Debt Relief is one of the largest and top credit card debt relief companies that offer assistance to members in reducing their monthly payments with no bankruptcy or whatever.
Furthermore, Freedom Debt Relief is a legitimate debt settlement company located in Arizona that provides registered members with debt management plans which will help you to reduce their debt. According to reports, there are over 650,000 members on the platform. And Freedom Debt Relief has been able to resolve a debt of over $10 billion since 2002. First of all, understand that debt settlement is not the best solution to resolve your debt. But you can pull it out of your hat when you have exhausted all options and also to avoid bankruptcy.
Freedom Debt Relief Pros and Cons
|Freedom Debt Relief can help you to settle unsecured debts on credit cards, medical bills, and more.||The charges fee are unacceptable.|
|Another advantage is that in terms of settlement on credit card debt, this can be lowered to 50% or less of what you owe||Eligibility for debt settlement only includes unsecured debts.|
|Within a period of two to four years, you can resolve your debt.||Debt settlement can reduce or draw down your credit score.|
Is it a good idea to use freedom debt relief?
The use of debt settlement or freedom debt relief is not advisable or an ideal solution to eliminate debt. But if that is your last option, you can make use of it especially if you want to avoid bankruptcy. However, it’s a good idea to use freedom debt relief if you have a huge outstanding debt that might lead to bankruptcy. People that Freedom Debt Relief is suitable for are people with over $7,000 outstanding unsecured debt.
Unsecured debts don’t include collateral but include credit card balances, traditional personal loans, and medical bills. You can’t make use of Freedom Debt Relief for debt settlement for secured debts that includes car loans or mortgages.
Who qualifies for Freedom Debt Relief?
People that can qualify for Freedom Debt Relief or who qualify for the debt settlement program include people with an outstanding debt of at least $7,000 in your unsecured debt. But stated the debt settlement company, customers with at least $10,000 in unsecured debt can qualify for the debt settlement program.
Majorly, Freedom Debt Relief looks for people facing financial hardship and provides them with financial support which stops them from making a minimum monthly payment on their debts.
How to Get Started with Freedom Debt Relief
To get started with Freedom Debt Relief, you need to sign up. However, you can use the Freedom Debt Relief phone number at the top right corner page. Where you can contact Freedom Debt Relief’s certified debt consultant. They will help you to review your finances and provide you with solutions to settle your debt.
When your finances have been forwarded to the debt settlement program. The service will open up a debt repayment plan for you and the rest will lead to the approval of the settlement.
Freedom Debt Relief Dashboard Sign in
The Freedom Debt Relief dashboard allows you to manage your account. To access your Freedom Debt Relief dashboard, you need to log in to your account. All you need to do is visit the Freedom Debt Relief login page. Where you can sign in to the Client Dashboard with your email address and password.