I'm new to the program and have mixed feelings at this point. I joined FDR because I was paying for college expenses (still am) for my children when my husband lost his job and remained unemployed for 8 months. A broken pipe that flooded my entire house and damaged property made matters worse. Being the sole provider for my family, it was hard to make ends meet, so I had no choice but to open credit card accounts to cover these expenses.
Even with paying more than the minimum monthly payment on these credit cards, I wasn't seeing any decrease in my debt. I had good credit up to this point, but with the high percentage of credit card utilization, my credit quickly dipped. I needed to do something to fix it, but paying the minimum every month was increasing my debt, not lowering it.
After researching several options, and even taking out a debt consolidation loan, I opted for FDR. I am hopeful that they can help me get rid of this credit card debt. Yet after reading horror story reviews from others who have been in the program for a while, who say they wish they'd never agreed to join, I'm wondering if I made the right decision. I don't want to end up in a worse situation financially than I already am.
Bottom Line: Yes, I would recommend this to a friend
1 people found it helpful
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Company Response from Freedom Debt Relief
Hello Lori, thank you very much for your honest review. We understand many of our clients may believe the journey to becoming debt free may be difficult in the beginning, but we are very confident you will see phenomenal results through your graduation. At Freedom Debt Relief, we have your best interest in mind and we believe you made the best decision in choosing to become debt free. We are looking forward to seeing your accomplishments! Please reach out to our client services department at 1(800) 655-6303 or you can log into your client dashboard at www.fdrclient.com if you have any questions or comments regarding your account. Thank you for choosing Freedom Debt Relief!