Since its founding in 2014, FreedomPlus has aimed to create a unique and valuable personal loan experience for its customers. The lending company consistently does this by providing quality loans that meet individual needs through its sophisticated yet simple application and vetting process. FreedomPlus also provides professional advice through knowledgeable loan consultants and experts.
Read FreedomPlus reviews below to see what consumers have to say about this lender.
FreedomPlus provides quality customer service to its borrowers primarily through its loan consultants. Customer service and loan consultants help you make the best financial decisions while balancing your financial needs.
The company offers a simple and easy-to-use form to start your loan process online and allows you to call when you start your application with any questions. Friendly and knowledgeable loan consultants and experts are able to assist you throughout your application. User reviews indicate these interactions are extremely valuable for potential customers. Customer service also handles complaints. There is little to no wait time for customer service.
FreedomPlus has flexible loan terms ranging from two to five years. FreedomPlus also allows borrowers to pay off loans earlier than the loan due date, so your loan repayment can ultimately be as brief as you'd like. This could save you a great deal of money in interest fees if you decide to repay the loan before your official payoff date.
FreedomPlus offers same-day loan decisions. However, this isn't guaranteed and will fluctuate based on your provided documentation, application verification, what time of day it is, etc. Having a quick loan decision from online lenders makes it faster and simpler for borrowers to find a personal loan that works best for them and is available as soon as possible.
FreedomPlus has an exceptional star rating from consumers. Quality reviews demonstrate to consumers that FreedomPlus is a trustworthy and high-standard lender. Reviews highlight reasonable rates and fees, simple repayment options, and exceptional customer service. This can provide peace of mind to potential borrowers that FreedomPlus is a good choice for their personal loan needs.
Receiving your loan as fast as possible is a highly desired feature for most, if not all, borrowers.
FreedomPlus's intuitive initial online application takes a few minutes at most. Simply select the loan amount you are looking to borrow, describe the reason for taking out the loan (home repairs, credit card refinancing, consolidation loans, etc.), submit your credit rating (based on your credit score), what state you live in, then your name and phone number or email address.
From there, a loan consultant will get in touch with you to complete the transaction. FreedomPlus has extremely fast approval and funding times. It can usually approve your loan and get the money in your hands in as little as three days. Your loan repayment term can range from 24 months–60 months, with rates from 5.99 percent APR–29.99 percent APR.
If your credit history is less than perfect, FreedomPlus might be a good match. Unlike many competing lenders, at 620, FreedomPlus has a lower minimum credit score requirement. A 620 FICO score is below average for Americans, is considered bad credit or fair credit.
You will still receive better rates and repayment terms, the higher your credit score is, but a lower credit score requirement allows for a wider range of borrowers. Requirements of competing personal loan providers are generally higher:
FreedomPlus offers loans with an annual percentage rate from 5.99–29.99 percent, including the loan origination fee. On top of that, it uses fixed monthly payments, so your monthly payment amount will never fluctuate. FreedomPlus also has fixed rates, so your APR will never be subject to change, as it can with a variable rate. This can provide peace of mind and stability to borrowers knowing the numbers they receive in the beginning will be the same throughout the lifespan of their loan.
If you are seeking personal loans for debt relief, its important to know that FreedomPlus helps with debt consolidation and debt settlement by working with creditors on your behalf. For example, if you are seeking a personal loan to help tackle credit card debt, FreedomPlus will exclude said credit card debt from your debt-to-income ratio and pay off the credit card once you are approved. This service can help you qualify for more money and make bill payments simple.
You could even qualify for rate discounts if you let FreedomPlus pay your creditors on your behalf, have retirement assets, or apply with a cosigner.
FreedomPlus does not charge any prepayment fees, regardless of when you decide to pay off your loan. This means you can pay off your loan anytime you want, regardless of your loan term. FreedomPlus also has fixed rate loans and one fixed monthly payment, so your APR will never fluctuate. This provides stability for borrowers and the opportunity to save money in interest charges if they want to pay off the loan early.
FreedomPlus has a max personal loan amount of $40,000 with a minimum loan amount of $7,500. Funds are available within 48 hours of credit approval (at least a 620 credit score required), and the APR ranges between 5.99 percent and 29.99 percent. You can have a FreedomPlus personal loan for up to five years.
FreedomPlus charges an origination fee between 0 percent and 5 percent on its personal loans. While a fee like this isn't necessarily exorbitant for the industry, some industry leaders omit such processing fees from their loan applications altogether, but they are still quite common.
Treva Y was amazing ! so very helpful , always friendly and a pleasure to deal with
Adan N was great and he explained everything to ease my mind. Great Job
Very helpful people who advised me of the best loan for me. The process was very efficient
Kory J at FreedomPlus was great to work with, he was professional, patient and very helpful in my obtaining a consolidation loan. My initial contact presented a few problems, individuals were not getting back to me as they stated they would, I was leaving messages & still wasn't getting calls returned. Once the application was turned over to Kory, things went much easier. I was disappointed that I didn't qualify for the initial loan amount I requested, but understood that my income was a result of the decreased loan amount I was being offered. It will work out for me in the long run and for that I'm pleased, I will have my credit card debt paid off in a fraction of the time it would have otherwise taken, even though I've always paid well over the minimum payment required.
Brittney M. was very professional and a pleasure to work with, she's an outstanding loan officer .
A really easy process. Allen K was very professional and I enjoyed working with him. About as painless as it gets. I'm a lawyer and I was completely satisfied with the disclosures and transparency.
Great customer service from Chloe B. She made the entire process simple and smooth.
Fantastic experience with a true professional. It was easy, fast and enjoyable. The best borrowing experience I've hand in my nearly 50 years of obtaining credit for my various needs.
Dorris was so great to work with. Very prompt and professional. She was very detailed and made the process seamless! Thank you for your help!
SALEM J BALAJI
great customer service by mr. steve and clear in explaining and prompt response
Kory J is great. He is personable and professional. Kory knows his subject matter. I could not ask for a better experience with your company through Kory.
Ozzy L did an awesome with handling my loan needs. He was professional, friendly and delivered on his promise.
I had the most Awesome experience with this company and recommend that Freedom Plus is as good as their word. I was able to get approval in a day and consolidate my bills, which is a great feeling with affordable payments. The Customer service was indescribable the person that help me was Cory G (Loan Consultant) he was kind and caring and listen and kept in touch so that I would be comfortable and know what was going on. This seems to be rare in this society, with many companies you don’t always get the work ethnics, so I had to reach out to all who may read this review and let them know that this is a good company to work with and that the under writers and this Loan Consultant is honest and is there to help. Thank you, Freedom Plus and Mr. Cory G!
This was personal loan that was needed or a emergency remodel. They made the approval process smooth and seamless. Outstanding customer service. Charles helped me from the beginning and withing 3 hours, my loan application was taken, docs send underwriting completed and contract delivered. He was outstanding as to my need for the funds and processed everything timely. Thanks Charles.
Nicholas E is an outstanding loan officer and is also a go-getter. I went thorough Lending Tree to initiate our loan search. Freedom Plus was 4th in line on their listing. No sooner had the list come up when Nick called and told us about your loan process. He made everything so simple and the entire process only took a couple of days. The contract signing was easy enough that my husband and I had no difficulties [we are not completely computer literate] DocuSign made the process easy too. I feel strongly that Nick needs a raise immediately! Jo DuVal
Freedom Plus made it extremely easy to do business with. The online application process was very simple. I immediately received offers for the loan I was requesting. The loan processor responded very quickly by phone and email keeping me aware of the process. My loan funded the very same day application was made. No hidden fees. A company who was interested in meeting my needs! Excellent customer service!
It was real simple and Chloe helped alot
I appreciate the efficient process and the friendliness, helpfulness, and professionalism of the Loan Consultant. Questions were answered quickly and options were explained.
Doris M was excellent to work with. Answered every question with no hesitation or runaround. Our loan was completed in an afternoon. Everything I read in the letter I received was true and accurate. No bait and switch. Thank you for your help.
Treva was amazing to work with. Couldn't have asked for better service.
Amanda was great! Everything was just as she said. Process was very quick
Miriam C was very helpful, she made the process easy and speedy ? Very professional and kind
Customer Service with Jean A was excellent. He was professional, informative and always available. I look forward to climbing out of my debt load that was weighting me down and appreciate the superb service I received.
Valeria A. Sharma
I am very please with the process of my personal loan. The interest is high, but they go according to your credit score. Every loan company I contacted the rates where about the same. I did my research, and I can complain about their services. It was an easy step and submitted all my documents as requested in order to process the loan application. The funds were approved as promised. Thank you Miss Loretta R for all your help. I am very please with the way Miss R handle the process of my loan. I needed the funds to get out of debt and do some repairs in my house. FreedomPlus really came through in time of need. Outstanding service. Thank you Miss R for all your help. Valeria
Nancy made the process easy and smooth from the comfort of my home. We were unsure of how to consolidate our bills into one affordable payment. Nancy walked us through the process with little hassle!
they made getting the loan extremely simple. Amanda was very helpful in every step of the process.
Mike A. Was very helpful he answered all my questions and made the loan process very easy. I saved a considerable amount of money over all and a much better monthly payment by using freedom plus. I would recommend them to anyone looking to take out a loan.
Freedom plus is the best thing that ever happened to us, our loan representative Steven D is very professional, he explained the loan details clearly and easy to understand, freedom plus is very lucky to have him as one of their loan representative
easy to deal with and very helpful. it was an easy process to navigate.
I found Freedom Plus through Lending Tree. I had clicked on debt consolidation & immediately received a phone call from Thomas. Once I explained to him that I wasn't looking into negotiation with any of my creditors, he clarified they could help me with a personal loan to consolidate my debt without having to do any negotiations. He then transferred me to Dana, who helped me with the entire process. Although I would've liked a lower interest rate & no origination fee, I know what my credit score looks like & am pleased that my new interest rate is considerably lower than what I currently have on my credit cards. Thank you, Thomas, for transferring me to Dana. And thank you so much for your help, Dana!!
My loan agent was Ryan H. He was very kind and professional, Ryan was always there during my loan process. My loan came in very fast. Thanks again Ryan.
Ms C made the loan process simple and easy, I am going to recomend a couple of friends,Thanks so much, Hugh
Loretta was excellent!! She was very helpful and was able to answer all my questions!
I'd rather get a loan from Tont Soprano. Watch out for these loan sharks. All I did was click on a link from Trans Union about consolidation loans, and the next thing I knew, I received a call from "Charles" from Freedom Plus, who said that I filled out an application, which I never did. The next day, he called me back and "officially" took my application and then wanted to pull my credit. I asked him what the loan payments would be for the loan I wanted, based on the the worst case scenario, the highest interest rate they charge, and he couldn't tell me...or should I say he wouldn't. I then told him that I wanted to think it over, and told him not to pull my credit yet, and he basically hung up on me. After doing some reasearch, I found out that there is an origination fee on the loan which he FAILED to disclose, of up to 5% of the loan. For the $35,000 loan I was looking at, this could be up to $1,750. He also FAILED to disclose that they pay the lenders from the proceeds of the loan directly. I contacted him about this, and he said that they disclose the origination fee AFTER the application is complete and my credit is pulled. That's BULL. I wrote him back and told him to close the application and never contact me again. He was extremely rude and arrogant throughout the process, because I dared to ask probing questions which he did not want to answer until they pulled my credit and I was at their mercy. BEWARE OF THIS COMPANY!
I am pleased overall with the quality of service and professionalism that Brittany gave me while helping me through the loan process. It was easy to get approved and the whole process took about 24 hours to complete and sign the loan documents. There are a couple of drawbacks, which may affect everyone differently. There is a loan origination fee up to 5% which you may get a discount on depending on your credit score. Your interest rate may be high as well depending on your credit score. That is the reason I am giving the rating of 9. I'm not pleased with those 2 factors, but I needed a loan and they provided it with no questions asked. My bills got paid within the 14 days like they promised, so I'm thankful for that. I called customer service for my welcome call once I received my funds and customer service was very professional and courteous and answered any questions I had. I was told to call back in 6 months and that if my credit score goes up and I made 6 consecutive payments without being late that my interest rate may drop. Overall I am very pleased with my decision to get a loan from Freedom Plus.
It was pretty simple and straight forward, especially working with Treva, my representative. I couldn't have asked for a better, more professional rep. She was great, worked hard and fast on getting my loan.
... I contacted them for a credit card consolidation loan to pay off my debt once and for all. My credit score was around 750 and I even sent them a screenshot of it... so clearly I'm able to make my payments and they declined me for my loan...total waste of time. Not helpful and they clearly don't understand what the value of a high credit score is.
Customer support will not answer my email concerning my username and password. I can't see anything to do with my account.
You are NOT easy to communicate with. I have to mail everything to be sure you have what you ask for. The ID number you gave me does NOT work when signing on. Clancy Jayne
Bettie J Belcher
Jenny was very helpful through the loan process. She explained every aspect including timeliness.
Chad did an awesome job. I teach Excellent Customer Service and Chad can rewrite the book on Customer Service. Thanks, Frankie Fells
So easy! Super friendly! Marcus was amazing to work with! Highly recommend!
The entire process was very simple and quick. The loan specialist was great to work with and very knowledgeable. Excellent customer service!
Corey G was very professional during this whole process....kept in updated and informed of paperwork needed plus explained if I had to submit more information was feeling a little frustrated but he was really patient and understanding towards me..
Anthony kept me informed, moved fast and got the deal done. Could not have expected anything better.
Very Helpful!!! Have had a great experience with your company... Everyone tries hard to meet your needs and seems to be very understanding...
Kept everything simple, quick, professional, pleasant to deal with
My experience with Freedom Plus was very pleasing. Everyone was so helpful and understanding. They really took time to explain everything so I would have no questions unanswered. Last, I was impressed with being able to contact them and their return calls.
Ronald K McElhose
I started out with Great Service! Everything was going fine and then the wrong company was paid and my bill was not! I paid the bill to avoid further charges and was told these funds would be deposited into my account. Never happened. I am out over $450.00 and no one can seem to help me. I keep being told someone will call me back, but no one calls.
My rep was absolutely fabulous! Brittany S. answered all of my 250 questions I had and was very professional. Very knowledgeable and patient with me. She answered her phone every single time I called her. Answered every email I sent her in a timely manner. She made sure I understood the things she was telling me before hanging up. My loan process just finalized 1 day ago, so I'm not sure about all the other reviews I may make in the future. But so far so good as far as customer service goes. Process was pretty smooth, just needed a few necessary documents to get rolling.