Have you used Freedom Debt Relief?

Question

For debt consolidation.

Answer 1

Are you looking to pay every penny back and get a break on interest rates or more of a consolidation?

If looking for a reduction of interest, make sure they are registered with the NFCC (National Foundation of Credit Counseling), BBB, and licensed to provide debt management in your state. This agency should set you up on a plan so you can continue to make your basic living expenses and have payments sent to your creditors to have you paid off - max of 5 years.

If you are looking for debt settlement, these type of companies are scams. I am a certified financial counselor and provide counseling and education to those who file BK. They used these type of companies in an attempt to work it out, but made it worse. If your desire is to settle on a debt, call the creditor directly to settle. Big drawback on debt settlement is the amount that is forgiven is most likely considered taxable income.

Unfortunately companies that seem too good to be true say they will take over your bills, you cannot call your creditors, and they wait until you "bank" up enough money in your account to pay one person off and then you have 4 other creditors not getting a penny who then start to proceed legal action against you.

I wish you the best!

Answer 2

I did slightly learn for a chum a whilst returned and found Freedom Debt relief for her. She ended up enrolling into this methodology some days after. The final time i spoke to her she mentioned to me that she had graduated from this methodology and that she might evaluate them returned if she mandatory debt help. She doubts which will ever take place returned. She became very pleased with this methodology and that i comprehend that she referred some acquaintances to this company. I say choose for it!

Answer 3

The decision of filing for bankruptcy shouldn’t be something that you do on the spur of the moment. This decision should be made after very careful thoughts, when you have tried all the possibilities to avoid declaring bankruptcy. And contacting your financial advice would be a great help for you.

Answer 4

Hi, one of the smartest strategies for getting out of debt is to make minimum payments on all of your debts and credit cards except for one. Chose the one debt that is charging you the most interest and focus all of your extra payments on paying that one off first. I have found a very interesting website that can explain you the strategy to use to get rid of your debts. see the source. http://tinyurl.com/get-rid-of-your-debts

Answer 5

I would rather suggest you make use of National debt relief - Read the review here i wrote about them :) Best of luck. http://debthelpsite.org/national-debt-relief-how-to-settle-debt