Items Tagged with 'Freedom Debt Relief'

ARTICLES

  • Homeowners with debt are willing to go into more debt to renovate their home

    60% say they can't afford renovations but are going to do it anyways
    Nearly two-thirds of homeowners who have $10,000 or more of unsecured debt say they are planning on doing renovations to their home in the next five years, according to a survey from Freedom Debt Relief. Despite those plans, approximately 60% of homeowners say they can't afford the necessary renovations to their home, but are willing to go even more into debt to make it happen. 
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  • Quarter of U.S. homeowners wish they were renting instead

    Many say the financial responsibility of homeownership is stressful
    Although owning a home has its benefits, a recent survey shows that homeowners have many regrets when it comes to the purchase of a new home, mostly because they are largely unprepared for the initial cost and the ongoing financial responsibility that comes with homeownership. Of those surveyed, 26% said the cost of owning a home is a burden and they wished they were renting instead.
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  • Freedom Debt Relief: CFPB “fundamentally misunderstands” debt settlement process

    Nation’s largest debt settlement services provider will fight CFPB lawsuit
    Last week, the CFPB sued Freedom Debt Relief, the nation’s largest debt settlement services provider, claiming that the company repeatedly lied to its customers about the company’s ability to negotiate debt settlements. Freedom, on the other hand, claims that the CFPB “fundamentally misunderstands” the debt settlement process and says that it plans to “vigorously contest” the CFPB lawsuit.
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  • CFPB suing Freedom Debt Relief for deceiving customers

    Claims nation’s largest debt settlement services provider lies to customers
    Freedom Debt Relief, the nation’s largest debt settlement services provider, built its business on lying to its customers about the company’s ability to negotiate debt settlements, the Consumer Financial Protection Bureau claims. “Freedom took advantage of vulnerable consumers who turned to the company for help getting out of debt,” CFPB Director Richard Cordray said in a statement.
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