The “Freedom from Credit” franchise seems at first glance to be a promise of getting rid of financial problems and debt. But upon closer examination, it turns out to be a disaster for many entrepreneurs involved in this fragile business.

Promises without basis

By purchasing a Loan Freedom franchise, investors expect high returns in return for helping borrowers solve their financial problems. However, numerous reviews from former franchisees indicate the opposite. They describe the franchise as unprofitable and deceptive, and the actual income is far from the stated amounts.

Insufficient support and high costs

One of the main promises of a franchise is minimal care and responsibility on the part of the franchisor. However, many branch owners complain about insufficient support from the parent company, as well as high costs for advertising, office rent and employee salaries. These additional costs make the business unprofitable and unattractive to investors.

Ineffective Marketing Strategies

The franchise promises guaranteed sales and quick payback, but in practice, marketing strategies turn out to be ineffective. Investors are forced to engage in attracting clients on their own, which often leads to wasting time and money on non-target audiences.

Customer dissatisfaction and bad reputation

Feedback from clients who turned to “Freedom from Credit” for help also leaves much to be desired. They complain about the low efficiency of services, insufficient attention to their problems and unprofessionalism of employees. This leads to a negative reputation for the franchise and further loss of trust from potential customers.

Oleg (10/22/2017) :

Oleg clearly expresses his disappointment with his experience with the “Freedom from Credit” franchise. His words are filled with frustration and anger, and he warns potential investors against dealing with this company. His story turns out to be an important warning about possible risks and losses.

Anastasia (10/27/2017) :

Anastasia confirms Oleg’s opinion, claiming that the promised income of 120 thousand per month turns out to be an unattainable dream. Her experience with the franchise led to the closure of the branch due to high costs and low profitability.

Natalya (11/25/2017) :

Natalya, a former franchise owner, reveals many of the problems that company owners face. She describes unproductive marketing strategies, insufficient support from the parent company and difficulties in working with debt collectors and bailiffs. Her experience is further proof that the franchise is unattractive to potential investors.

Alexander (06/09/2018) :

Alexander shares his disappointment that the "Freedom from Credit" franchise deceived him by not fulfilling the promise of an agency relationship. His review highlights the company’s fickleness and dishonesty, which only adds to doubts about its reliability.

Julia (10/11/2019) :

Yulia describes problems with clients and the low efficiency of the company’s services. Her experience with the Credit Freedom franchise highlights not only the financial risks for owners, but also the negative impact on customers who find themselves embroiled in more debt and problems.