Debt Free Destiny

Part of our Series : Debt Settlement Company Reviews

Free Life Financial Corporation offers a debt mediation program for people who have $10,000 or more in unsecured debt. They use debt mediation strategies to negotiate lower balances and establishes a monthly payment program for clients based on that lower balance.

Consumers with high debts will be afforded the opportunity to pay off smaller balances with smaller, more affordable monthly payments and allow them to pay off their debts in full, rather than have them dismissed by a bankruptcy court.

Here are some quick facts about Free Life Financial Corporation:

About The Company

Free Life Financial Corporation is a debt mediation program that helps consumers with $10,000 in unsecured debt and over find a reasonable way to pay down debts and find a way to make debt-free living a reality.

The Process

Consumers are encouraged to contact the company by phone or online form to be assessed for the program. The assessment consultation is free of charge. Once a client is accepted into the debt mediation program, a debt counselor will work to determine a reasonable monthly payment amount based on the clients’ income, expenses, and amount of debt.

FLF Helps Avoid Bankruptcy with Basic Debt Negotiation Services

Free Life Financial works to keep clients away from that route and instead they focus on the goals towards resolving debts, based on reduced balances from successful credit negotiations. A debt mediator will contact a client’s creditors and find an acceptable reduction in the amount of the balance due.

These reduced payment agreements enable a consumer dealing with financial hardships, such as loss of income, to pay off the debt according to the agreement, which in turn satisfies the entire debt. Lowered balances are paid off in a shorter time period, with many debts being satisfied within a three year period.

Debt mediators (or negotiators) will work with individuals and base each program on the personal finances of each client. Both total income and living expenses are factored into the equation, allowing the client to pay on balances in a way that does not complicate their daily living needs.

Website Experience

Free Life Financial Corporation offers their clients easy online access to their accounts. The website also provides an educational and easy-to-understand look at debt, choices, and the facts of money management. There are many topics and a Frequently Asked Question section that discusses debt and all aspects of debt mediation, collections, and other solutions.

RATING: If you have done business with Free Life Financial Corp, please rate this company and post a comment below.