Elite Financial Services vs Freedom Debt Relief

Elite Financial Services, a debt relief company located in Beverly, Massachusetts, is no longer in operation. According to the Better Business Bureau and customer reviews on Yelp, the company has ceased its services, with an inactive and insecure website. Before their closure, Elite Financial Services provided debt settlement and consolidation solutions and aimed to help clients become debt-free within 12-36 months. The company was accredited by the International Association of Professional Debt Arbitrators and a member of the American Fair Credit Council. However, their services were only available in 21 states.

Freedom Debt Relief, established in 2002, is a prominent debt settlement company headquartered in the United States. Focusing on helping individuals manage unsecured debts, such as credit card balances and medical bills, the company has served over 1 million clients and resolved over $18 billion in debt. Their services involve negotiating with creditors to settle debts for less than the amount owed, offering a structured debt relief program without upfront fees, and providing a simple process where clients deposit funds into a dedicated account for settlements. Freedom Debt Relief stands out for their commitment to guiding clients through every step of the debt relief process and promptly notifying them of settlement offers. The company's expertise in debt negotiation and their track record of assisting clients in achieving financial freedom make them a trusted leader in the industry. Freedom Debt Relief is well-known for their dedication to helping people overcome financial challenges. They have received accreditation from reputable organizations like the Better Business Bureau and the International Association of Professional Debt Arbitrators.