Dear Freedom Group,

We are writing to express our gratitude for the wonderful job you have done on our behalf.

With your help we recently cleared our debt of nearly $42,000 in only a year, a feat we never thought possible. We always found our account representative to be professional, competent, calm, kind and understanding. Freedom Group successfully negotiated our debts down in prompt fashion and also guided us through a particularly challenging negotiation with one specific creditor. Our appreciation also extends to your customer service representatives who often answered our phone calls and fielded routine questions not involving our negotiations. Their efficiency helped ease our stress while working through a very difficult period.

We feel fortunate to have come in contact with Freedom Group and we are grateful for what you have done for us.

You all do wonderful work. Thanks again, and best wishes.

Sincerely,
Jan and Eric B.

Families as well as individuals are suffering from the stress of their own financial burden. Some folks can see no way out of the situation they have gotten themselves into and the need for some type of debt relief has never been needed more than it is now.

On the internet there are plenty of companies with offers to help you get rid of your unsecured debt. A lot of folks have had to use their credit cards to make ends meet. When you have nothing left from your paycheck and there are still more bills that you need to pay those offers of getting out of debt fast start to look pretty good.

There are two entirely different methods of paying off credit card debt. You can pay back your entire balance with a debt consolidation company or you can choose a debt reduction program and pay off your credit card debt for a lot less than what you actually owe.

Debt reduction services are offered by debt settlement companies. Professional negotiators will contact your creditors directly and come to a mutually agreed upon reduced pay off amount that will settle your account. The attraction to the creditors is that the settlement amount will be paid in a lump sum verses payments.

Debt consolidation is another method that will help you pay off the full balance of your accounts. Consolidation combines all of your debt into one payment which you send to the consolidation company. They in turn make payments to your creditors. A lot of times you must qualify for a consolidation loan which is secured by collateral such as your home. So what happens is all of unsecured debt becomes secured and you risk losing your home if you default on your consolidation loan payment.

Debt reduction is the preferred alternative to bankruptcy.

A debt management program is nothing but a strategy through which consumers can make debt settlement in a much easier way. One good example of a DMP is a debt consolidation program. In this kind of debt management, you won’t have to worry about paying different amounts of money to your creditors over different periods of time. Instead you will only have to pay one monthly payment to the agency in charge of your debt management plan. From that point, it’s already the job of your chosen debt management company to allocate the payment to your creditors.

Unfortunately, many people do not trust alternatives such as a debt management program because they think it will just make their financial situation worse. Moreover, the market has been flooded with organizations providing debt management plans which offer unreal solutions without having any basis at all as to how they can really help consumers. The appearance of these fraud-like organizations gives consumers more reason to not trust debt management plans.

But in reality a debt management program can really help consumers. In fact, when people participate in a debt management plan, they are actually admitting that they have financial troubles and that they really need help. This acceptance is a primary component of debt rehabilitation.

Furthermore, debt reduction services are often better than deferring your payment which can make things worse or will even lead you to declare yourself bankrupt. Once you have started working with your debt management agency, it will stop collection agents from pestering you with unending calls and pressuring you to pay your debts. It will also help reduce your debt interest rates and come up with a payment schedule that will benefit both you and your creditors.

As debt management organizations increase in number, people find it more difficult to find a serious organization that will handle their debt management plan. Some of these organizations tend to take advantage of desperate indebted people like you and take your money without doing anything about their verbal promises of helping you get out of debt.

So, before working with any debt management agency, you should make sure that they have proven over and over again that they are here to help you, not to scam you. Fortunately, there are still debt management agencies that for many decades have helped people in paying their debts.

Having a proper understanding of the services offered by debt management organizations will also help you seek out the best debt management program available for you in order to eliminate your debt. Debt management programs have helped thousands of people to get out of debt and regain financial help. Therefore, if it has become difficult for you to handle your debt you can seek help and advices from firms offering services like a debt management program.

It may sound like common sense for consumers to know what they need before signing up with a company, but there is often more to it than we think. The first issue that consumers usually have to deal with is the many names that are used by companies offering to help with credit debt. In some cases, the area of expertise is apparent, but in other cases the expertise of the company may not be so easily understood.

If taken purely on face value, there are big differences between companies that offer debt consolidation loans and those that offer debt counseling. Then there are those that offer debt repair service. In some cases, there can be a mix in that one company may offer several services. In other cases, a company will work exclusively in one area.

With all these set-ups available, consumers really do need to consider what services would best fit their financial needs and will bring about the best results.

Consumers should understand that not all credit card debt reduction services work alike. Some will be more adept at helping you get lower interest rates on your current debt. Others will work to get some of your debt forgiven so that you do not have to pay on it anymore. Most will be able to help you set up a reasonable budget to help you avoid getting further into trouble.

Some of these companies will work on a performance basis. That means that you do not pay them until they actually bring about some real results. In most cases, these companies will charge you a percentage of what they save you.

The second issue as mentioned above is to make sure you are working with a reliable and honest company. Simply put, there are companies out there who will cheat you or take your money and do nothing in return. Of course, you want to avoid these folks at all costs.

Those companies that require you to send them large advance fees should be investigated carefully before you send them your money. You can often get information on a company by doing a simple Google search using the company name as your search term.

If you decide to work with a company that will take your money and in turn pay some of it to your creditors make sure that they are doing that for you. There have been cases in the past where companies took customer’s money and did not forward the required amount to the creditors.

Use common sense and caution when searching for the companies that can help you.

A few years ago I had a couple credit cards, was spending money I did not have and was planning on paying it off in the next few years. I did not now what I was getting myself into. After a year or so I ended up having near a $62,000 in credit card debt. After a couple of months had gone by and I was paying a little more than the minimum monthly payment the debt seemed as if I could not pay it off at all. Then I got into a accident and could not pay my credit card bill one month and the creditors did not like that. The creditors were always calling me and harassing me about my money I owe them. Once you miss one month they jack you interest rates up. The debt seemed as if it would never go away. Then I was trying to figure out how to get rid of this debt online and I ran into a company called Freedom Group Inc. I gave them a call and they told me how there process works and that I would be paying about $30,000 to get rid of the $62,000 debt. I was jumping out of my seat when I heard that. I cried knowing that I could be out of debt. I started there process about two years ago and last month I paid my final payment and I am officially debt free and my credit score did not go down a point. I feel like I can take on the world now. Thank you Freedom Group Inc.  for everything you guys did for me. I owe you everything.