FREEDOM DEBT RELIEF, LLC
SAN MATEO, CA

Freedom Debt Relief, LLC is the nation's largest negotiator of debt, renowned for its human approach to helping individuals overcome financial burdens. Founded in 2002 by Stanford Business School alumni Andrew Housser and Brad Stroh, it was created out of a need to provide consumer-friendly debt solutions where none existed. Their mission focuses on delivering financial services and education that facilitate debt reduction, wealth building, and the achievement of financial freedom. With over 2,000 trained professionals, Freedom Debt Relief has catered to more than 500,000 clients since its inception. The company distinguishes itself by only charging fees after successfully negotiating settlements with creditors—in contrast to some industry competitors who charge upfront. Additionally, Freedom Debt played a key role in establishing the Federal Trade Commission's 2010 rules banning abusive debt settlement practices. Clients can choose from various programs tailored to different financial scenarios without being coerced into any single solution. The firm actively supports community involvement at both its San Mateo, CA and Phoenix, AZ offices with volunteering initiatives that address families' needs with critically ill children, support youth through mentorship activities, and contribute significantly during the holidays by providing school supplies and gifts to in-need youths. Furthermore, it collaborates with grant-making organizations aimed at breaking poverty cycles within the Bay Area. Freedom Debt Relief's client model involves completing payments over extended periods (24 to 60 months) which may result in only a portion of debts being resolved based on individual circumstances. While they do not assume clients' debts nor provide legal or tax advice, their settlement negotiations resolve entire accounts including accrued fees and interest. They operate under the registration number T.S.12-03825 and address clients' questions regarding specific fee structures and potential state-specific limitations.