The recent economic downturn has severely affected many of us. The unbridled use of credit cards has sucked many of us into the quagmire of mounting debt. There have even been some of us who had actually turned to their credit cards to manage their expenses when they lost their jobs, but the continuing grim state of the economy has actually turned that credit card debt into a scary monster. Whatever be the reason, many of us now find ourselves in a tight financial spot and don\’t know where to start to set things right. If you find yourself in such a tight financial situation, it may make sense to seek professional help in order to do damage control. Freedom Debt Relief with its team of qualified financial consultants can certainly come to your rescue.

Freedom Debt Relief was founded by two Stanford Business School graduates Andrew Housser and Bradford Stroh and has been specializing in helping customers solve their debt issues. The company is a member of the Freedom Financial Network, and has the experience of helping thousands of customers attain financial freedom through their debt resolution services. The company is an accredited member of The Association of Settlement Companies and holds “platinum” member status with the International Association of Professional Debt Arbitrators. FDR holds the Goldline Research Preferred Provider certification for excellence among debt settlement companies.

Freedom Debt Relief implements customized debt resolution solutions to assist customers become debt free in as few as 24-48 months and even provides an innovative \”Debt Reduction Program\” for consumers struggling with large debt burdens. As an alternative to other debt relief programs, such as bankruptcy, debt consolidation, or credit counseling, this program represents a uniquely aggressive and customer-centered approach to debt relief. With a focus on minimizing harassment from collectors, the company works aggressively to negotiate a debt settlement between its customers and their creditors. Once an amicable arrangement has been reached, customers are notified and in many cases, the customer\’s debt is settled for less than their current balance, leading to thousands of dollars in savings.

The company recently launched their Fresh Start Program that is developed to help customers to clear their huge debts. The program helps in finding the optimal solution to your debt issues and takes over the negotiation with your creditors in order to reduce your debts. You need to pay the fees and charges incurred for the process only after the debts are reduced. The program doesn\’t involve any upfront fees or monthly fees. The consultant would review your financial position and help to validate your debt balances. The counselor would then work with you to develop a settlement plan for your debt issues by taking the following steps:

● Assessing your financial ability to sign up for the program.
● Setting up a new account in which the settlement amount is collected.
● Negotiating with the creditors on payments to be made.

On successful completion of the negotiation, the company tries to settle the debt on behalf of the borrower. After the completion of the settlement process, creditors may report the full payment made status to credit reporting agencies. You would need to make just one monthly program payment, with your funds building in a dedicated savings account that you own and control. When FDR settles one of your debts, it will collect only the fees associated with that debt and continue to work to settle other debts in the program.

Additionally, there are other debt relief programs that are offered by the company for customers with manageable debt and who can still make monthly payments. If your goal is to save the most possible money and to get debt free in the shortest amount of time, Freedom Debt Relief may very well be your answer.

Author Bio: Freedom Debt Relief

Category: Finances
Keywords: Freedom Debt Relief