Freedom - Reviewed & Compared

Summary

When you are in serious debt, it can feel overwhelming. This is especially true when you are making minimum payments which only take pennies off the overall balance. Short of winning the lottery, it takes a long to fully get rid of debt. Is there a "non-bankruptcy" solution? Freedom has one, and it's proven to be a blessing to thousands of Americans. How do they stack up? Let's find out:

Company Overview

In business since 2002, Freedom is one of the most respected and long-lived names in the debt relief industry. Freedom may be able to help you reduce your unsecured debt by developing a personalized debt solution to fit your budget, with no upfront settlement fees, so you could lower your debt stress faster than making the minimum monthly payments.. They have served over 1 million clients and resolved over $20 billion in debt*. Their team of experts may be able to negotiate with your creditors to help resolve your unsecured debt.

From the minute you land on the Freedom website, you get the feeling that yes, these folks know what they are doing. They are fully accredited with an A+ BBB rating and also are members of various organizations that help set standards for the industry like the AFCC, Financial Health Network, and IAPDA.

As I browsed their website, I noted how simple it was to navigate, while also offering clear information on this debt negotiation option. I like it when a website has a "what we do" and "why we're better" sections & when I compare-shopping for any service, these are important pieces of information. They also do not collect any fees unless they produce results.

MORE: How Much Can Settling Your Debt Save You Every Month?

What Freedom Does Best

They help consumers get on the path to a better financial future. Freedom offers a debt settlement program, to reduce your unsecured debt with affordable monthly payment to help reach your debt goals faster than with minimum monthly payments. Freedom recommends the best fit for every customer's needs and circumstances, even for customers with outstanding amounts of unsecured debt, so you could end up paying less every month. Their program works by negotiating with their customers' creditors to reduce their debt. The program is designed to custom fit their customer’s budget.

This strategy is proven to be effective, it’s not a bankruptcy, and it allows most enrolled debts to be completely settled in as little as 24-48 months. Freedom offers complimentary tools and guidance to its customers to succeed. This includes an online client dashboard with 24/7 access and control, with the ability to track progress, and chat with customer service 7 days a week. The dashboard also provides access to videos and articles to grow financial skills.

Lastly, I simply loved that their site is so easy, clean, and full of information. And a no-obligation consultation (via 800 #) is part of their service too. That's always welcome.

MORE: How Much Can Settling Your Debt Save You Every Month?

Any Negatives?

It’s important to know that when you sign on to a debt negotiation program your FICO score is negatively impacted. Decreasing your heavy debt burden is a key factor in establishing not just a better credit score, but also a better financial future.

Overall, I like the truthful, up-front approach Freedom utilizes.

What Others Are Saying

They are a certified AFCC member, and have been featured in USA Today and many others. They are as legit as it gets.

Our Final Verdict: 9.9/10

Freedom is a clear winner. I am impressed with their website, customer service, their program guarantee* and mission to help customers achieve their financial goals.

Freedom has all the expertise and options to settle your debt while still allowing you control. On top of that, they have the clout that makes creditors take notice.

*Statistics reflect the results of the members we and our affiliates have served since 2002 (as of July 2026).

Freedom Debt Relief (FDR) enrolls only unsecured debts, such as unsecured loans and credit cards. Any claims including "debt-free" statements are only referring to enrolled debt. FDR is not a loan and does not provide relief for federally backed student loans or secured debt, such as auto loans or mortgages. All estimates for FDR’s services are based on prior results, which will vary depending on your specific enrolled creditors and your individual program terms, including your ability to maintain your program deposits. FDR’s services are estimated to resolve your debt faster and for a lower amount than your current monthly minimum payments. Not all FDR clients are able to complete their program for various reasons, including their ability to save sufficient funds. FDR does not guarantee that your debts will be resolved for a specific amount or percentage or within a specific period of time. FDR is not a lender, creditor, or debt collector and is not a credit repair organization and does not provide or offer services or advice to repair, modify, or improve your credit. FDR does not assume your debts, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice. FDR’s services are not available in all states and some programs may be offered through a law firm for legal services. FDR’s fees may vary from state to state. Please contact a tax professional to discuss potential tax consequences of less than full balance debt resolution. The use of FDR services will likely adversely affect your creditworthiness, may result in you being subject to collections or being sued by creditors or collectors and may increase the outstanding balances of your enrolled accounts due to the accrual of fees and interest. However, negotiated settlements FDR obtains on your behalf resolve the entire account, including all accrued fees and interest. It is expected that you read and understand all program materials prior to enrollment. C.P.D. Reg. No. T.S.12-03825.

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