Can I withdraw money from my freedom debt relief account?
“While Freedom’s Debt Resolution Agreement explained that consumers could withdraw from the program and terminate the agreement, it did not notify consumers that if they withdrew from the program, they would receive all funds in their accounts, minus any fees that Freedom had already earned.”
How much is Freedom Debt Relief fee?
After settling your debt, Freedom Debt Relief collects a fee based on your enrolled debt amount, state of residence, and other factors. Fees range from 15%-25%, averaging at 21.5%. We clearly explain our fees to clients before they enter our program, and our fees never go up once our clients begin their program.
How long has Freedom Debt Relief been business?
2002
Since 2002, over 650,000 clients have been served by the Freedom Debt Relief program. We have resolved over $10 billion in debt—more than any other company in the U.S.
How do I remove a settled account from my credit report?
How to Remove Settled Accounts from Credit Reports
- Dispute Any Inconsistencies to a Credit Bureau.
- Send a Goodwill Letter to the Lender.
- Wait for the Settled Account to Drop Off.
Who is the CEO of Freedom Debt Relief?
Freedom Debt Relief, part of Freedom Financial Network and based in San Mateo, California, is the largest debt-settlement services provider in the United States. Andrew Housser is the company’s co-CEO and co-founder. Freedom claims that it has successfully negotiated and settled more than $7 billion in debts for more than 300,000 consumers.
What is the mission of Freedom Financial Network?
Our mission is to empower everyday Americans to move forward towards a better financial future. These concepts define who we are and how we behave every day – with each other, and with our customers. We embrace and evangelize these values. “It would have taken me 15 years to get out of debt.
When does Freedom Debt Relief charge the full fee?
In fact, Freedom charges consumers its full fee even when creditors simply stop collection efforts in the absence of a negotiated settlement and consumer payment and when it takes no action on a consumer’s account.
Who is the founder and CEO of freedom?
Andrew Housser is the company’s co-CEO and co-founder. Freedom claims that it has successfully negotiated and settled more than $7 billion in debts for more than 300,000 consumers. Through telemarketing contacts with prospective customers, Freedom learns who their creditors are, the amounts owed to each, and the nature of the debts.