Freedom Financial Network Posts Results for First Quarter of 2015

Share Article

Company reports debt negotiation amounting to $2.82 million per day

Freedom Financial Network (FFN), the largest negotiator of consumer debt in the nation, reports results for the first quarter of 2015 that include negotiation of $253.8 million of debt for clients.

The results represent an increase of 6.5 percent over the fourth quarter of 2014. During the first quarter, FFN negotiated settlements on 48,446 individual creditor accounts, up 6.6 percent over the previous quarter. In the process, the company helped 30,695 clients. The results equate to negotiating $2.82 million of debt each day throughout the quarter, or $117,500 each hour.

“The first-quarter results highlight Freedom Financial Network’s industry leadership position, and its ability to continue to be effective in helping clients get out of debt,” says Andrew Housser, co-founder and CEO. “Fully adhering to the Federal Trade Commission Advance Fee Ban instituted several years ago, the company is able to produce real results for clients, day after day, quarter after quarter, year after year.”

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 the FFN family of companies – Freedom Debt Relief, Freedom Tax Relief, ConsolidationPlus, FreedomPlus and Bills.com – FFN works as an independent advocate to provide comprehensive financial solutions, including debt consolidation, debt resolution, debt settlement and tax resolution services for consumers struggling with debt. The company, which has resolved more than $3.5 billion in debt and assisted more than 300,000 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.

Based in San Mateo, California, FFN also operates an office in Tempe, Arizona. The company, with 800 employees, was voted one of the best places to work in the San Francisco Bay area in 2008, 2009, 2012, 2013 and 2014, in the Phoenix area in 2008, 2009, 2010, 2012, 2013 and 2014. FFN’s founders are recipients of the Northern California Ernst & Young Entrepreneur of the Year Award.

(end)

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Aimee Bennett

Kevin Gallegos
Visit website