I have beeb working with FreedomDebt.com for the past two weeks and thought they could help with my debt of over $24,000
They made claims that they could settle my debt and reduce my monthly payments. I informed them that my payments on a monthly basis were about three hundred dollars to my three creditors and couldnt afford to go higher than that.
After reviewing my situation they stated that they could get my debt down to a Whopping $19,000 and change to include there fees. OK? Heres the kicker... My new monthly payments would be over $500.00... For the first five months and then get it down to AROUND $300 there after.
Please tell me Where does this make sense? If I could afford to make $500 payments, I wouldnt need a company like freedom Debt.com...
They also said that since one of my creditors was in Fact Key Bank which is owned by Citi that they werent able to negotiate with Citi and in turn not able to settle with them as with other Banks
I believe that there website is a little misleading... They do not claim that can help everyone and I am witness to that.
Here is the link where they showcase some of the more successful settlements
Http://freedomdebt.com/top_settlements.php
I think I am better off trying to settle this myself.
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