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Freedom Debt Relief Sued for Misleading Consumers

Debt Free Colorado

Offers for debt settlement and debt repayment plans often sound too-good-to-be-true. According to the Consumer Financial Protection Bureau “a U.S. ” “Freedom took advantage of vulnerable consumers who turned to the company for help getting out of debt,” said CFPB Director Richard Cordray. .”

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5 Best Credit Repair Companies – Updated April 2022

Better Credit Blog

Since you are more of a participant in the process, you’ll have a better understanding of your individual situation when you reach out to a credit repair company. Typical problems arise from: Bankruptcies : Declaring bankruptcy can resolve short-term problems while also creating long-term credit issues. Debt Settlements.

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Freedom Debt Relief Review

Better Credit Blog

It’s also a platinum member of the International Association of Professional Debt Arbitrators. Focused on protecting and helping consumers. In 2010, the company helped to establish Federal Trade Commission rules to ban abusive debt settlement practices and protect consumers.