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Current company FREED
Financial Services · 180 employees · Founded 2020 · Gurgaon, Haryana, India
FREED is India's first comprehensive debt relief and loan management platform, established in 2020 and based in Gurugram. The company aims to assist consumers burdened by unsecured debt in resolving their obligations, rebuilding their credit health, and achieving financial freedom. FREED has counseled over 2 million people and helped more than 60,000 individuals legally reduce and manage their debt.
FREED offers a range of services, including a Debt Consolidation Program that combines multiple unsecured debts into one manageable payment, and Debt Resolution Services that negotiate with lenders to lower outstanding amounts. They also provide support for credit score rebuilding and protection against recovery harassment. The company operates on a fee model that charges clients only upon successful settlement completion, ensuring transparency and no upfront costs. FREED focuses on individuals facing unsecured debt stress, such as those overwhelmed by credit card bills and personal loans, and emphasizes a legal and stress-free path to becoming debt-free.