Debt Free Associates is a debt settlement company based in Carlsbad, California that provides debt negotiation services for consumers who are struggling with debt. Their negotiation programs allow consumers to get out of debt in three years or less by saving money on a monthly basis before negotiations with creditors begin.

Here are some quick facts about:

Company Founded: 2006

Years In Business: 3 years

BBB Rating: D-

BBB Complaints: 1 – Contract dispute
1 – Customer Service Issue
4 – Refund/Exchange Issues
3 – Service Issues
8 Complaints resolved/1 Administratively Closed

Escrow Available: Yes

Source of Funds: Client monthly payments

Fee Structure: Unknown

Avg. % Settlement of Amount Owed: As much as 40% of original debt amount.

Refund Policy: Unknown

Minimum Debt Required: Not Listed

About the Company:

Debt Free Associates boasts a commitment to providing real debt solutions from a qualified team of financial professionals. They have forged relationships with major creditors across the country that allows for successful negotiations of existing, unsecured debts. The goal of the company’s debt settlement program aims to keep people out of bankruptcy and to create a debt free life in a faster period of time that it would take for consumers to pay off on their own.

The Program:

Consumer debt plans are based on the individual’s situation and income levels. A pre-determined amount is calculated based on what the client can afford to put into savings each month. Once savings in the account has accrued to a certain amount, Debt Free Associate’s debt consultants will begin negotiations with your creditors in an effort to come to an agreement about the amount of the debt settlement. As negotiations are completed, the amount due for the negotiated balance is withdrawn from the account and distributed to creditors.

Program Cost:

There is no specific information relating to program cost.

Website Experience:

The Debt Free Associate’s website is chalk full of information relating to debt and finances for consumers. There are client resource pages as well as a blog that provides articles and information about dealing with debt, including statistics about battling debt issues without assistance. There are references to top media outlets including CBS, ABC, NBC, and FOX television channels that have covered the services of Debt Free Associates. The is also a short video clip about the company and its debt settlement programs. The website also contains actual settlement letters that were acquired by Debt Free Associates for their clients. The website provides contact information for both phone and internet contact for the company. The initial consultation promises no fee or obligation for asking questions.