Over Your Head in Debt? Freedom Debt Relief Offers 4 Ways to Start Digging Out – Markets Insider

SAN MATEO, Calif., Nov. 13, 2017 /PRNewswire/ — As revolving debt such as credit cards continues to increase, Andrew Housser, co-founder and CEO of Freedom Debt Relief (FDR), offers four signs to spot debt that’s becoming unmanageable. U.S. consumers owe $3.79 trillion in consumer debt. The average household with credit card debt owes nearly $17,000 on…

Over Your Head in Debt? Freedom Debt Relief Offers 4 Ways to Start Digging Out – PR Newswire (press release)

“The large amount of debt these households are carrying is a caution,” says Housser. “Owing that amount, with average interest rates on credit cards more than 16.7 percent, is unsustainable, especially when median household income is just $57,617.” Most people don’t realize they’re over their heads until it is too late, Housser says. Trouble signs…

US consumer agency sues Freedom Debt Relief for misleading consumers – Reuters

WASHINGTON (Reuters) – The U.S. Consumer Financial Protection Bureau said on Wednesday it filed a lawsuit against Freedom Debt Relief, the largest U.S. debt-settlement services provider, and its co-Chief Executive Andrew Housser, alleging that they deceived consumers. The CFPB said its suit alleges that Freedom charges consumers without settling their debts as promised, makes customers…

CFPB suing Freedom Debt Relief for deceiving customers – HousingWire

Freedom Debt Relief, the nations largest debt settlement services provider, built its business on lying to its customers about the companys ability to negotiate debt settlements, the Consumer Financial Protection Bureau claims. The CFPB announced Wednesday that it is suing Freedom Debt Relief and its co-CEO, Andrew Housser, for violating the Dodd-Frank Wall Street Reform…

Freedom Debt Relief Helps More Americans Resolve Financial Struggles – Markets Insider

SAN MATEO, Calif., Nov. 10, 2017 /PRNewswire/ — Freedom Debt Relief (FDR) has become the first in its industry to surpass the $7 billion mark in total consumer debt resolved, helping more consumers than ever recover from serious financial hardship. Freedom Debt Relief, founded in 2002, is the largest and most experienced debt relief companies in…