Thanks for watching! As I mentioned, you can check out our debt calculator here: tryascend.com/qualify/calculator/ytfdre If you have any questions, feel free to give us a call at 833-272-3631!
Hey Alon, thanks for the message. So, you are in a debt relief program, but then you actually pay off or settle an account on your own that is in the debt relief program? If that's the case, you could then let the debt relief program know to remove that account for your list, which should save you fees! Hope that helps - Ben
Agh so sorry about your experience there. The hit to your credit score is inherent to settlement programs that are offered due to the fact that you have to fall behind on payments for them to be able to negotiate on your behalf. Some companies are better than others about communicating the affects of the program.
@@AscendFinance they failed to disclose that part of the deal skipped 2 months on the program then I canceled. my 750 went to 485 bad judgment on my part now paying for it
So sorry to hear that. Have you been able to sort things out on your own now? or are you still trying to figure out how to resolve the debt? You can always call us at 833-272-3631 if you want to chat more!
Hi Dave, I've replied to your other comment on our video explaining debt relief. At any time, feel free to text or call my team any time at (833)272-3631 to chat about things in more detail.
You should always be able to cancel! Under the FDCPA (Fair Debt Collections Practices Act) Debt settlement firms aren't allowed to take their fees until they're made a settlement for you! So you should be able to get a refund on your money if there have no been settlements made. If there have been settlements made you can still switch but you could consider keeping those accounts with them
I almost went with a loan from them. They are charging me 3500 in fees alone then they said court fees could be added to that . Then my debt total debt was 12,500 and I will end up paying 11.000 because of that 3500 fees they added. I’m paying 300 in payments towards my cards now and they said their payment would be 230 month. This is more like a win for them because in the end I will lose 100-200 points in process . I will just hunker down and pay them off since I’m not behind and I have income coming in .
Yeah we've seen this happen where companies seem to be trying to triple dip with fees: 1. Settlement fee 2. Interest on consolidation loan fee (to "graduate" the program early) 3. Origination fee for the loan There are better companies out there that don't push people into loans mid program - give me a call if you want to chat to one or compare some other options - 833 272 3631
Thanks for watching! As I mentioned, you can check out our debt calculator here: tryascend.com/qualify/calculator/ytfdre
If you have any questions, feel free to give us a call at 833-272-3631!
What if you are in the program and you pay it off a bill while under the Debt relief?
Hey Alon, thanks for the message. So, you are in a debt relief program, but then you actually pay off or settle an account on your own that is in the debt relief program? If that's the case, you could then let the debt relief program know to remove that account for your list, which should save you fees! Hope that helps - Ben
fdr screwed my credit big time tanked it 265 points down it sucks
Agh so sorry about your experience there. The hit to your credit score is inherent to settlement programs that are offered due to the fact that you have to fall behind on payments for them to be able to negotiate on your behalf. Some companies are better than others about communicating the affects of the program.
@@AscendFinance they failed to disclose that part of the deal skipped 2 months on the program then I canceled. my 750 went to 485 bad judgment on my part now paying for it
So sorry to hear that. Have you been able to sort things out on your own now? or are you still trying to figure out how to resolve the debt? You can always call us at 833-272-3631 if you want to chat more!
I’m currently on a FDR 4-year program. My credit is currently being destroyed. How long will it take to build my credit back up?
Hi Dave, I've replied to your other comment on our video explaining debt relief. At any time, feel free to text or call my team any time at (833)272-3631 to chat about things in more detail.
I would love to see what is my best choice
Hi Brooke, we would love to help you understand your options. Feel free to give my team a call or text at (833)272-3631 and we can talk things over.
Can I still cancel whit freedom relief?
You should always be able to cancel! Under the FDCPA (Fair Debt Collections Practices Act) Debt settlement firms aren't allowed to take their fees until they're made a settlement for you! So you should be able to get a refund on your money if there have no been settlements made. If there have been settlements made you can still switch but you could consider keeping those accounts with them
@@AscendFinance too late your score will be messed up even though u behind a month
After 1099-C i have to file
Hey! Did you have any questions we could help answer?
@@AscendFinance I have to report 1099-C to irs from Freedom debt relief
Hey
Hi, thanks for the comment. How can I help? - Ben
I almost went with a loan from them. They are charging me 3500 in fees alone then they said court fees could be added to that . Then my debt total debt was 12,500 and I will end up paying 11.000 because of that 3500 fees they added. I’m paying 300 in payments towards my cards now and they said their payment would be 230 month. This is more like a win for them because in the end I will lose 100-200 points in process . I will just hunker down and pay them off since I’m not behind and I have income coming in .
But they don’t offer loans. So I’m not sure what you mean.
@@mauriciopita1 - according to her it was debt consolidation loan.
Yeah we've seen this happen where companies seem to be trying to triple dip with fees:
1. Settlement fee
2. Interest on consolidation loan fee (to "graduate" the program early)
3. Origination fee for the loan
There are better companies out there that don't push people into loans mid program - give me a call if you want to chat to one or compare some other options - 833 272 3631