Home Stock market Freedom Debt Relief Hits Record $10 Billion in Debt Negotiated for Consumers

Freedom Debt Relief Hits Record $10 Billion in Debt Negotiated for Consumers

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Freedom Debt Relief Hits Record $10 Billion in Debt Negotiated for Consumers

SAN MATEO, Calif., Feb. 26, 2019 /PRNewswire/ — A member of the Freedom Financial Network (FFN), Freedom Debt Relief (FDR) has enrolled extra than 600,000 customers in its program and have become the primary commercial enterprise in the debt negotiation enterprise to negotiate more than $10 billion in general consumer debt.

Founded in 2002, Freedom Debt Relief reached the $10 billion milestones simply over a year after attaining the $8 billion milestones. “Our notable success speaks to the subculture our crew has constructed: consciousness on doing what is right for our clients and assist them to pass ahead to reap their economic desires,” says Andrew Housser, FDR co-founder and co-CEO. “Not anybody can just tighten the budget to pay off their debt,” says Houser. “People who’re suffering from debt want to know that there are options and that Freedom Debt Relief offers guide and partnership for a better financial destiny.”

Freedom Debt Relief negotiates at once with lenders on consumers’ behalf to solve debt balances, enabling folks who are not able to pay off all their debt to pay back a quantity they can afford. The FDR program offers an opportunity to credit score counseling, debt consolidation, and financial ruin.

New executives manipulate endured growth
Three newly appointed senior executives will assist control the corporation’s persisted boom.

Ravi Keswani is the enterprise’s new president of products and Technology. Most lately the leader era officer of Ten-X.Com (Belmont, California), Keswani brings 18 years of executive leadership revel in software program engineering, product strategy, product management, and infrastructure operations to Freedom Financial Network (FFN). Keswani earned a Bachelor of Engineering degree from Delhi University (India), a Master of Science degree from Rensselaer Polytechnic Institute (Troy, New York), and holds six patents.

Michael Freedman has been promoted to standard counsel for FFN. Previously the deputy fashionable recommends on the business enterprise; Freedman has almost 25 years of enjoy in regulation. Before FFN, he turned into popular suggest at BorrowersFirst, Inc. (Austin, Texas), and an associate at Orrick, Herrington & Sutcliffe LLP (Washington, D.C.). He earned a Bachelor of Arts diploma from Duke University (Durham, North Carolina) and the Juris Doctor diploma from American University’s Washington College of Law (Washington, D.C.).

Arindam Bose is the brand new chief working officer for Freedom Financial Asset Management, the customer lending arm of FFN. Bose has a deep understanding in customer lending, having spent greater than ten years at Capital One (Dallas-Fort Worth) in numerous management roles and, extra currently, serving as president of Nationwide Credit, Inc. (Phoenix). He focuses on knowledge consumer conduct through statistics and analytics and drives commercial enterprise and operational strategies to leverage those insights. He holds a Bachelor of Science diploma from Osmania University (India), Master of Science degree from the Georgia Institute of Technology and a Master of Business Administration degree from the Indian Institute of Management.

The second building on Tempe campus opens
To accommodate the business enterprise’s persevered growth at its location in Tempe, Arizona, FFN has opened the second one building in its three hundred,000-rectangular-foot workplace campus at 2100 South Freedom Way – months in advance of agenda. FFN opened its original Tempe office in April 2006 with six employees. Today, it employs more than 2,000 and plans to lease 1,000 additional personnel this yr.

The contemporary Rio 2 constructing consists of an espresso bar, 24-hour Micro Market, and the 18,000-square-foot Rio Café, which capabilities an in-depth menu with healthful-choice options, executive and sous chefs, a catering manager and seating for nearly 400. An outside outdoor venue seats a hundred and twenty. The Rio 2 parking facility gives chargers to employees if you want to feed their electric and hybrid cars even as at work.

“We’re pleased so that you can provide a work surrounding that serves our employees in such a lot of important ways,” says Linda Luman, senior vice president at FFN. “It’s essential for us to keep investing in attracting, preserving, and developing our employees. The expansion of this campus and its amenities allows us to continue to be one of the Phoenix region’s nice locations to paintings.”

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