San Mateo, Calif. (PRWEB) February 06, 2013
Freedom Financial Network (FFN), the largest negotiator of consumer debt in the nation, reported strong year-end results that include resolution of $459 million of debt for clients.
FFN’s results equate to negotiating $1.26 million of debt each day throughout the year, or more than $52,397 each hour. The company negotiated resolutions on 79,121 individual creditor accounts, up nearly 11 percent over 2011, helping more than 38,000 clients.
In the fourth quarter alone, FFN resolved $123.1 million of debt across 21,308 individual credit accounts. Those figures are up 13.5 percent and 11 percent respectively over the previous quarter.
“Both the fourth-quarter and annual results speak to the fact that FFN is the industry leader,” said Andrew Housser, co-founder and CEO of FFN. “The company continues to produce solid results for clients as they 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 and 2012, 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.