“Not having debt: it feels great.
It feels like you’re a millionaire.”
Kayvon P., FDR Client

Debt Strategies

Everyone’s debt is different, so we encourage you to learn more about other options before you decide if our debt resolution program is right for you.

Debt Strategies

Everyone’s debt is different, so we encourage you to learn more about other options before you decide if our debt resolution program is right for you.

Debt Settlement

Comprehensive debt negotiation and settlement services
for consumers struggling with a large amount of unsecured debt.

Also referred to as debt negotiation or debt resolution, debt settlement is designed for people who cannot make required minimum payments and/or are considering bankruptcy or credit counseling. It offers a low monthly program deposit and may help people resolve debts relatively quickly. It is not a solution for secured debts, such as a mortgage or auto loans.

A company that provides debt settlement doesn’t negotiate lower interest rates or send payments to your creditors. Instead, it negotiates with your creditors to settle for less than the outstanding balance of the debt and then you pay off that lower debt amount.

If you enroll in a debt settlement program, you’ll make a monthly deposit into a special purpose account. As the balance of your account increases, the debt settlement company contacts your creditors and negotiates settlements for less than what you owe. To learn how Freedom Debt Relief provides debt settlement, click here.

If you’re struggling with debt, want a low monthly program deposit, and want to resolve your debt relatively quickly, debt settlement may be the right strategy. Depending on how much you owe and to whom you owe, your debts could be resolved in as little as 24-48 months.*

Freedom Debt Relief is proud to be the leader in the debt settlement industry, having resolved more debt than any other company in the nation — over $5 billion. Our program is not one-size-fits-all. We look at your debt, your situation, and your goals to create a custom program that offers a great chance for success. And of course, we do not charge any fees until a debt settlement has been negotiated.

To get your free debt evaluation now, please call a Freedom Debt Relief Certified Debt Consultant at 800-544-7211.

PROS
  • Significant savings over making minimum payments
  • One low monthly program deposit
  • Much faster than making minimum payments
CONS
  • Debt collection calls
  • Legal risk, impact to credit
  • Results vary
Which is the best strategy for you? Find out now.   Get Your Free Evaluation