Andrew Housser is the co-founder and CEO of Freedom Financial Network, LLC (FFN), based in San Mateo, Calif., which provides comprehensive consumer finance resolution services. Freedom Debt Relief, LLC (FDR), a wholly owned subsidiary of FFN, provides consumer credit advocacy, also known as debt settlement, services. Working as an independent advocate for consumers to negotiate with creditors and lower principal balances due, the company has resolved more than $1 billion in debt for nearly 100,000 clients since 2002. Housser holds a Master of Business Administration degree from Stanford University and Bachelor of Arts degree from Dartmouth College. He was awarded the Northern California Ernst & Young Entrepreneur of the Year Award in 2008.
The more debt collection companies understand the full debt settlement industry, the new FTC regulations and how they work, the better the two industries will work together.
New FTC rules regulating the debt relief industry took effect one year ago. Because of these rules, the entire industry has changed and continues to evolve dramatically.