I just started the program in May. I was excited and now my excitement has turned to worry. I have read reviews where people were cheated by FDR. I have also read that people get sued and that TERRIFIES me. I don't have extra money to pay for courts and lawyers. I have called FDR about my concerns and they have told me that I can opt-out if I want to for a full refund. I don't know what to do at this point. I'm scared, worried and I feel alone. I am a single mom and I'm just trying to make ends meet.
I read that your credit takes a hit and the rep for FDR told me that after the settlements that your score will go up. But now I read that it can take 7 years for your credit to return to normal.
The people at FDR have been kind and have helped me so far. But I just don't know how the long term is going to be and that is what makes me even more nervous.
Bottom Line: No, I would not recommend this to a friend
Thank you for sharing your feedback, Taylor. We are sorry to hear that you are nervous. Not all of our clients experience this, although it is true that some creditors are more aggressive than others. We've been negotiating with hundreds of creditors for over 15 years, so we have a sense of how aggressive, they may or may not be based on this experience. Our team does not want any of our clients to feel unsure, a member of our team will be reaching out shortly to discuss your concerns. Thank you.