Freedom Debt Relief

Improved Essays
Overview
In these present times, many Americans result in taking up loans to sort out many financial issues such as mortgages. However, with the current high lending rates and the high rates of unemployment, it becomes very difficult to repay these loans in time. This is where the company Freedom Debt Relief comes in to address this matters. It is a US company that works to reduce financial strain when repaying debts. Currently, their headquarters are located in San Mateo, California. A brief history of the company is that it was founded back in 2002 by Andrew Housser and Bradford Stroh both of whom are graduates of Stanford School of Business.

How it works
The company has a team of negotiators who negotiate on behalf of clients of all classes
…show more content…
There have been cases of legal lawsuit disagreements between the regulators and the debt settling industry. Many regulators had made legal complaints during the pre-regulation timeframe. Notwithstanding, Freedom Debt Relief has come out blameless in all these disagreements. This was once again the proof of how legit the company has strived to remain. The company also made a decision to make reimbursements to some states such as New York and individual complainants who disagrees with company policy.
The Freedom Debt Relief Company has been give some major awards that include
• Winner of 2008 Ernst and Young Entrepreneurs of the Year for the Northern California region.
• It was recognized by both San Francisco Business Times and The Phoenix Business Times as one of the best places to work. This was back in 2008
• Its founders Andrew Housser and Brad Stroh were featured in the San Jose Business Journal in the “40 under 40 list”
Features and services offered
The Freedom Debt Relief Company offers services of clearing debt in cases of reduced gross income, underemployment, unexpected medical emergencies, and even poor money management skills. The company will also offer services in debt management to reduce financial strain and helping individuals to find the best debt consolidation being offered for their particular

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