Freedom Debt Relief (2024) Does Debt Settlement Work? What You Must Know

Freedom Debt Relief is a legit debt settlement company that helps you negotiate with the people or companies you owe money to, like credit card companies or lenders, to try and lower the total amount you owe. However, you need at least $7,500 in unsecured debts to qualify.

On Google, you’ll see questions like ‘Is Freedom Debt Relief safe? Is FDR legit?’ In today’s review, we will answer these high concerns about this platform.

Overview Of Freedom Debt Relief and How It Works

Freedom Debt Relief is a legit company, and their debt settlement program can actually save you money. But here’s the thing: it might really mess up your credit report, at least from the lender’s perspective.

Freedom Relief works by first determining if you’re a good fit for their program. Then, you start saving money in a special account. Once you’ve saved enough, they negotiate with your creditors to settle your debts one by one. If they succeed, you start making payments to clear your debts, which usually takes a few years.

What Freedom Debt Relief Can Do For You

Freedom debt relief helps with your debts,Medical bills, Store credit card debts, Personal loans with no collateral, They might also help with private student loans and some business debts, but not with debts tied to things like cars or homes, or federal student loans.

With Freedom Relief, you don’t have to pay any fees upfront. You only pay them after they’ve spoken to your creditors and sorted out your debts.

Is Freedom Relief Legit Or Scam

Freedom Debt Relief is not a scam, Freedom Debt Relief has high ratings online, like 4.5 out of 5 stars on Consumer Affairs, 4.6 out of 5 stars on Trustpilot, and a whopping 4.92 out of 5 stars on the Better Business Bureau.

However, Freedom Relief got sued by the Consumer Financial Protection Bureau in 2019. The lawsuit said they did some bad stuff like charging fees upfront without telling people their rights and not delivering on promises to settle debts. They agreed to pay $20 million to affected customers and a $5 million penalty.

Terms And Conditions

Freedom Debt Relief usually charges a fee between 15% to 25% of your total debt, with the average fee being around 21.5%. The exact fee depends on how much debt you have and where you live. You only pay this fee after you agree to the settlement and make the first payment. Some people can settle their debts in two to four years.

Customer Testimonials About Freedom Debt Relief

We found lots of customer reviews on popular review websites like Reddit and Trustpilot. Some customers said

I felt very excited when the negotiators have secured my first settlement, in that moment I knew that I am in the right path to be free of debt. I can recommend you Freedom Debt Relief as your ally in your fight against The Debt, you can trust them.

This is relieving some of the stress I’m having and I understand it it important to make my deposits on time. It would have been helpful if I had known that loans with collateral should not been added to the list. I think that clients should be asked that question because that way accounts wouldn’t have to be removed later. Other than that I’m happy so far.

How To Sign Up For Freedom Debt Relif

To enroll in Freedom Debt Relief, you can start online or by phone:

  1. Go to their website and click on “Check Your Eligibility.”
  2. Fill out a questionnaire with info about your debt.
  3. Provide your personal details like name, email, phone number, and state.
  4. Schedule a free consultation with a debt advisor over the phone or online.
  5. Discuss with the advisor if the debt settlement program is right for you based on their advice.

Should You Consider Freedom Debt Relief

Enrolling in Freedom Debt Relief can hurt your credit because creditors usually only negotiate when you’re behind on payments. The impact depends on how late you are and how much debt you have. If you’re already behind, it might not hurt much more. But if you’re current on payments, it could hurt more. The good news is, you can bounce back over time by paying on time and being responsible with your finances.

How Do I Contact Customer Service

If you’re already a client, call Freedom Debt Relief at 800-655-6303 for help. At the same if you’re thinking about signing up, call them at 800-910-0065.

If you want a debt consultation, you can email them at [email protected]. If you’re already a client, send your email to [email protected].

Pros And Cons of Freedom Debt Relief


  • Can reduce debts by up to 50%
  • Provides legal counsel for eligible clients
  • Helps stop or limit calls from creditors


  • Not paying the full amount you borrowed stays on your credit report for seven years.
  • Fees can be expensive.
  • The debt that gets forgiven might be taxed.

Alternatives To Freedom Debt Relief

  1. National Debt Relief: They talk to your creditors to lower what you owe, like credit card bills.
  2. Accredited Debt Relief: They help you handle and cut down on debts by talking to your creditors.
  3. New Era Debt Relief: They work with your creditors to lower how much you owe and help you get out of debt.


Finally, Freedom Debt Relief is a good option if you have a ton of debt. They’re a top company in debt settlement and claim they’ve helped people wipe out over $500 million in debt since 2003. They’re known for helping people out, with clear rules and lots of happy customers.

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