The growth Freedom Financial Network is seeing confirms the company’s status as the industry leader.
San Mateo, Calif. (PRWEB) April 16, 2013
Freedom Financial Network (FFN), the largest negotiator of consumer debt in the nation, reports results for the first quarter of the year that include resolution of $137.3 million of debt for clients.
The amount resolved represents an increase of 11.5 percent over the previous quarter. With the $137.3 million of resolved debt in the quarter, FFN surpassed $2 billion in total debt negotiated since 2002.
The company negotiated the first-quarter resolutions on 23,806 individual creditor accounts – up 11.7 percent – while assisting more than 18,000 clients. FFN’s results equate to negotiating $1.49 million of debt each day throughout the quarter, or more than $62,183 each hour.
In addition, FFN added 68 employees at its San Mateo, Calif., headquarters and in its office in Tempe, Ariz., during the quarter.
“The growth FFN is seeing confirms the company’s status as the industry leader,” said Andrew Housser, co-founder and CEO of FFN. “FFN continues to add staff who can effectively help clients work their way out of debt, while fully adhering to the Federal Trade Commission Advance Fee Ban.” The ban went into effect in 2010.
FFN is a consumer credit advocate that negotiates directly with creditors on consumers’ behalf to resolve debt balances. Offering an alternative to credit counseling, debt consolidation and bankruptcy, the company’s debt relief program helps clients resolve their unsecured debt, often in 24 to 48 months.
Freedom Financial Network (http://www.freedomfinancialnetwork.com)
Freedom Financial Network, LLC (FFN), provides comprehensive consumer credit advocacy services. Through its Freedom Debt Relief, Freedom Tax Relief and ConsolidationPlus products, FFN works as an independent advocate to provide comprehensive financial solutions, including debt settlement, debt resolution and tax resolution services for consumers struggling with debt. The company, which has resolved more than $2 billion in debt for more than 150,000 clients since 2002, is an accredited member of the American Fair Credit Council, and a platinum member of the International Association of Professional Debt Arbitrators. The company holds the Goldline Research Preferred Provider certification for excellence among debt relief companies.
Based in San Mateo, Calif., FFN also operates an office in Tempe, Ariz. The company, with more than 550 employees, was voted one of the best places to work in the San Francisco Bay area in 2008, 2009, 2012 and 2013, and in the Phoenix area in 2008, 2009, 2010 and 2012. FFN’s founders received the Northern California Ernst & Young Entrepreneur of the Year Award in 2008.