These days, it is rather difficult to find middle class people who do not have a single loan or debt under their name. You probably have gotten yourself a huge loan before you even graduated from college or university. Ah, student loans, what are we without them? Some people even say that the day you start to pay off your loans is the day you are truly an adult. Unfortunately, even adults may have problems dealing with all of them. In light of these rising financial problems, came the many debt relief service companies, one of which is called Freedom Debt Relief.

A member of the Freedom Financial Network, this company was set up by two Stanford graduates. Since its inception in 2002, it has helped thousands of people regain their financial independence and be free from debts. As one of the largest debt resolution companies in America with client debt settlements of about $100 million per year, it attributes its success to its unique Debt Reduction Program, a customer-centric and aggressive means to debt relief.

The Debt Reduction Program may be its most unique product (though it is often a solution for people in more severe situations), but there are other programs available for those who are seeking help as well. If your situation is less severe, you may simply go for credit counseling, which may be just a way to educate yourself as well as to have your personal payment plan. Sometimes credit counseling also helps to lower the existing interest rates on your debt, making your payment easier. Otherwise, there is also debt consolidation, where all your different debts may be consolidated into one lump sum with a single interest rate and a payment plan catered to your needs. Sometimes, it is accompanied with a loan called the debt consolidation loan.

There are many other debt resolution companies out there and perhaps just as effective as well, but Freedom Debt Relief strives for excellence and is able to reduce its customers’ debts by as much as 50% and as quickly as in 12 to 48 months.

While you may run a risk of being scammed with other less well known companies or agencies, you can be sure of Freedom Debt Relief’s credibility. It is a member of the International Association of Professional Debt Arbitrators, The Association of Settlement Companies (TASC) and United States Organization for Bankruptcy Alternative (USOBA). Apart from their IAPDA certified debt consultants, all other employees for this company are well trained in order to provide quality service, which is recognized in http://CNNMoney.com, http://MSNBC.com, San Francisco Business Times and http://Entrepreneur.com.

To add to that, this is the only company that is said to have received a rating of “not rated” by the Better Business Bureau (BBB), the highest rating that can be given to debt relief providers (odd but true). The Better Business Bureau is a private organization set up with the intention to foster a reliable and fair marketplace. It gathers information on businesses regarding their dependability and ethical practices. It alerts the public on frauds or unethical practices; its reporting reliability is good enough that even news media turn to them for news.

The company started off in a favorable position with a positive rating, but with its continuous efforts to fight for consumer protection standards within the industry finally earned it a well deserved recognition within BBB as well as within the industry.

Author Bio: Freedom Debt Relief

Category: Finances
Keywords: Freedom Debt Relief