Freedom Financial Network Review

Overview

Freedom Financial Network offers debt consolidation through their subsidiary known as Freedom Debt Relief. This company has a great deal of experience in the industry and in many cases can reduce debt by 40% to 50%. There is also a credit counseling service available at this company, in addition to other financial resources. Freedom Financial Network can significantly reduce your payments and consolidate your debt into a single monthly payment.

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This company was founded by two Stanford Business School graduates in 2002 and provides a wide range of financial services including debt relief. With 12 years of experience, Freedom Financial Network has the knowledge and skills to create personalized debt relief plans for customers. This company works with creditors to lower interest rates, eliminate penalties and consolidate debt into a monthly payment – making it easier for you to pay off your debts. In addition, Freedom Financial Network has low fees so the bulk of your payment will go towards paying off your debt.

Minimum Debt AmountMaximum Debt AmountFees
No minimum limitNot specified (over $100,000)Monthly Fees

How it Works

To enroll in a debt management plan at Freedom Financial Network, you will need to provide some information about your debts. Once you’ve provided basic information, a debt specialist will discuss your options and create a personalized monthly payment plan that fits your budget. Usually, your payments will be between 68% and 75% of the original debt which includes the fees for the debt management service. This company will also negotiate with your creditors to eliminate late fees and penalties. Freedom Financial Network will also work with your creditors to reduce your payments so that they fit within your monthly budget. In most cases, your debt management plan will allow you to completely pay off your debts within 24 to 48 months. The amount of time it takes for you to pay off your debts as well as your exact fees will depend on the amount of debt that you owe.

Features

Besides a debt management plan and credit counseling services there are not many features available this debt consolidation service. However, this company does have other financial-related subsidiaries including a lending service, tax relief service and service that helps you understand your bills and debt through various articles and other guides.

Accreditation

Freedom Financial Network has been accredited by the American Fair Credit Council (AFCC) for complying with an ethical and honest code of conduct set by the AFCC.

Fees

The fees for this service will vary depending on the amount of debt that you owe and the laws of your state. However, in most cases, your debt owed will be reduced to 50% of its original size and the total payments you make including fees for this service will be between 68% and 75% of your original debt.

Quality of Service

The representatives at this debt consolidation service are highly trained and professional. They are available to answer any questions relating to the debt consolidation services at Freedom Financial Network. In addition, these representatives are able to work with your creditors and successfully negotiate an affordable payment plan on your behalf.

Address

1875 South Grant St., Suite 400

San Mateo, CA 94402

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