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  • Small business loans of up to $5 million
  • Fast payouts
  • Access to SBA 7(a) loans, term loans, invoice factoring, and more
  • Easy online application

Freedom Debt Relief Review


  • Debt relief up to $100k+

  • No upfront fees

  • Negotiates debt settlements on your behalf

  • Good credit not required

Who is Freedom Debt Relief?

Freedom Debt Relief offers a debt relief program for credit card debt, medical debt, personal loan debt, and more.

With their debt relief program they negotiate with your creditors to reduce your debt as much as possible, helping you get out of debt within 24-48 months.

Their debt relief program is customized to fit your budget, our affordable program could cost less than your monthly minimums.

Note: Freedom Debt Relief can assist with unsecured debt such as credit cards and personal loans. They can’t assist with secured debt such as mortgages and car loans.

During the initial review phase, professional debt counselors from Freedom Debt Relief evaluate your debt and find the best solution for your unique needs.

Freedom Debt Relief is not a debt consolidation company that rolls all your debts into one larger loan.

However, Freedom Debt Relief works with consumers by moving their existing debt into a consolidation loan to lower their payments.

Also known as debt negotiation or debt settlement, a debt relief program involves negotiating with your creditors to reduce the amount you owe so you could save money and get out of debt faster.

Note: Debt relief isn’t the same as bankruptcy. It’s a common process where you resolve your unsecured debts, in other words debts that don’t require collateral.

>> Alternative ways to reduce your credit card debt.

How the Freedom Debt Relief Program Works

Freedom Debt Relief has a four-step plan to help its customers get out of debt quickly.

Step 1

Free Debt Evaluation

Start by discussing your debt relief goals with a qualified professional.

Step 2


When you’ve signed up, you will take the money you normally pay to your creditors and pay it into an FDIC-insured account that you control. This money is used to pay settlements to your creditors.

Step 3


You can approve every settlement. As soon as enough money is saved in your account, the experts at Freedom Debt Relief reaches out to your creditors and request a settlement that is less than what you currently owe, in order to settle your debt. 

Step 4


Once a creditor agrees, they will send the terms to you for approval. If you approve, funds from your dedicated account will be used to pay your creditors in full and your debt will be done and settled.

Step 5


You will now be debt free!

The types of debt Freedom Debt Relief can help you settle include:

  • Credit card debt

  • Department store cards

  • Personal loans

  • Payday loans

  • Medical Loans

  • Private student loans (special conditions apply)

About Freedom Debt Relief

Established in 2002. Stanford Business School graduates Andrew Housser and Brad Stroh, founders and Co-CEO’s have a mission to “help achieve financial freedom for people struggling with debt.”

Today, their debt relief program is available throughout most states in the U.S. and they’ve helped resolve debt for more than 600,000 clients.

Freedom Debt Relief Reviews

Our Freedom Debt Relief review perspective is that this company can be helpful for those in high unsecured debt to climb out of the debt cycle.

With over 650,000 clients under their belt and over $10 billion dollars in resolved debt this company is has helped so many people get out of debt.

They are also a founding member of the American Fair Credit Council (AFCC), which is dedicated to promoting and adhering to best practices in the credit advocacy industry.

    Freedom Debt Relief Cons

  • No online chat available

Freedom Debt Relief FAQs

Is Freedom Debt Relief legitimate?

Yes, it was established as a company in 2002. FDR is a founding member of the American Fair Credit Council (AFCC) and a platinum member of the International Association of Professional Debt Arbitrators. They are a large company helping hundreds of thousands of people get out of the debt cycle.

Can I do my debt negotiating?

Yes, it is possible to negotiate your debt on your own. To do that you will need some negotiating power by having an amount to pay off your debt in savings ready to settle if required. Freedom Debt Relief helps with building a savings account and with negotiating. 

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Reviews of Freedom Debt Relief

Freedom Debt Relief is rated 97 out of 313 companies in total rating and got an average review score of 1 based on 2 reviews. Their weakness is Interest & Costs and their strength is Support & Service.
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rubyred23@hotmail.com 1 review | December 3, 2020
General Review
To help settle debt
I have tried doing the accelerated program paying an extra 1500 on top of my 315 a month. My account shows over 3,000 dollars and they have done nothing with my 1500 extra to pay off one of my cards that could be paid. Every tome i contact someone over the 6 months, I get a different answer. Yet nothing is done.
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Susanna Lea 1 review | August 2, 2020
General Review
They promised to settle at substantial savings to me... when in fact the only reduction they secured was the equivalent of their settlement fee. In other words, they saved me NOTHING and cost me a bundle.
Run as fast and as far away from FDR as you said can! After over a year with them, the only activity on my account has been paying fees. They settled one debt at a rate barely exceeding their fees, which they collect up-front, causing my account to fall short and the deal to fall through. They never warned me I was in jeopardy of losing the settlement, and I only inadvertently found out this had happened. Since then, they have had more than enough money in the account to wrap it up again, but did nothing. I finally settled with that creditor on my own, for WAY less than FDR had negotiated. They settled another (large this time) debt, at a discount that exactly matched their fee. So I saved nothing. They have no documentation that I agreed to this settlement, yet refuse to refund the substantial fee they garnished from my dedicated account. In short, FDR is a total scam that does not try to save you any money; does not communicate; and does not even make settlement agreement documentation available to its clients. BOOOOOO!!!! Shame on them.
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