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.
My Loan Consultant was Ozzy and he conducted himself very professionally and took time explain what I should expect and how the process worked, which I appreciated. He stayed on top of my application and kept the communications open until everything was completed. Good Job.
Nothing but outstanding service. I would highly recommend them for anyone needing a loan.
The process was actually quite simple. Cory was my loan originator and his rapid response in every step of the process was quite impressive. He left nothing to question. Things happened so fast I had to put the brakes on for a period of time so I could get my wife in the loop. I have been approved and have the final loan documents, now I hope the actual funding is as smooth as the origination. Good Job Cory!
I'm a new customer i.e my loan was just dispersed on 1/20 and you have already incorrectly debited my bank account. Payments supposed to start 3/6 yet you debited my account 2/6. Very disappointed!
Justin H was amazing! He explained the entire process with me, listened to my question's and guided me through my loan process. Amazing feeling!
Effortless! I dealt with Osvaldo L and what a pleasurable experience. Definitely recommending Freedom Plus based off what i went through! Thanks Ozzy and Freedom Plus!
Great loan consultant and very knowable, her name is Kristy G , best interest rates
David C was excellent to work with. Very helpful, knowledgeable and kind. Process was quick and easy
We are very pleased with the quality of service and the products offered by Freedom Plus loans. Scott L was a very kind, considerate and honest sales representative and his main focus was providing us with the best service and loan products without using high pressure sales tactics. We have worked with several other loan vendors but Scott at Freedom loans really stands above the rest. Most of all this company's transparency throughout the entire process deserves an applaud. Thank you for being upstanding in this business! Jason
Sherry D is awesome! very clear in all the explanations about the contract and in general. Good Job!
My wife and I took out a loan today and Jose C was extremely helpful and patient during the process.I In the end our payment was lower than when we first started.Thank You.
Fabulous, professional service from Charles S, easy application process, very fast, same day approval and signature. A terrific way to raise your credit score by converting revolving accounts to a consolidation installment loan. The best lending experience I have had, EVER!
Fast easy approval. Our loan officer was very nice and helped me through the process.
Very knowledgeable and very professional.
I was contacted immediately and the service was fast, friendly and efficient.
I am in disbelief and appalled that you would charge a customer $15 to RECEIVE A CHECK!!! What do you pay your accounts receivable personnel...$500 per hour??? Obviously you don't want to receive additional payments from your clients because you want to rip them off with additional interest and fees! I will be looking for alternatives to pay this loan off.
our customer representative was very helpful and kind.
Professional during the entire process. Informationt was readily avaiable and easy to manuver Will most definitely reommend to my peers. The process was quick and easy
Personal loan was delivered and completed in less one hour.
Peter M. Green
I contacted CS to have a rep contact me about lowering my interest rate as promised. When I first took out the loan it was portaryed to me that my interest rate would be lowered considerably. Now that it has come time to lower my rates I only hear crickets...hmmm!
John was very helpful, and couldn't ask for a better representative.
Great customer service and understanding
My loan assistant was Nicole. I can't think of anything she might have done better, or more courteously. She really was the epitome of professionalism. It was a pleasure and delight to have worked with her. Thanks Nicole!
Would just like to say thanks for a great loan experience.Andy was awesome in explaining the different rates and finally a loan process that uses today's technology to expedite the process instead of going thru a bank with a long list of paperwork. Thank you
Very friendly, easy application process would use again
I worked with Ozzy and he did an outstanding job in helping us get the help we needed.
Very happy and satisfied. I've received wonderful help & support. the process was very easy and I got just what I needed!
I spoke to Cesar today regarding a personal loan to consolidate my bills and it was a great experience. The approval process was so fast and I literally got a call within hours that the loan will be funded. Cesar was extremely helpful and professional and I will for sure recommend anyone to use Freedom Plus and Cesar.
I would like to say this loan was much easier to get than I thought. Ozzy was very professional, courteous and knowledgeable in his role. I would definitely recommend Freedom to my friends and family if needed. We had a little trouble getting the documentation over the email but Ozzy continued to work on it and eventually we did receive everything we needed. He answered all of our questions and we had more than a few. It was a pleasure working with you Ozzy, keep up the good work!
Everything was explained to me in detail, even though it was a Friday afternoon(after 5:00PM) Osvaldo was patient and very professional. If you are in need of a personal loan I would recommend this service. The work with the customer to meet your needs and make it affordable.
Great company helped me with all my debts and are very friendly and polite. Helps with all your questions and has done a wonderful job. Thank you.
Al De Jesus
Excellent fast service. Thank you. Professional ethics and timely. I look forward to more loans from you
Osvaldo was the representative that helped me refinance my and he was representative for my orginal loan he was very professional and courtious. He informed me of all my options and throughly explained everything in detail and clarified any questions i had was very patient. Thanks Felicia
Ozzy was fantastic! Helpful, quick and detailed. I got a great rate loan and consolidated all my bills to one payment.
I worked with Ozzy who provided excellent customer service. He answered questions, replied to emails promptly and moved me through the loan process efficiently. Thanks Ozzy for assisting me in getting my finances taken care of. I was a little disappointed with the interest rate and the significant % taken for origination fees.
Flawless, experience from beginning of process to-date!
Application, approval, disbursement and setting up payment were all easy and facilitated by my account manager with very little work done by me. I was also happy with the rate I obtained.
Had a good experience applying for and getting a personal loan to consolidate credit card debt. Looking forward to working with a more manageable interest rate.
I called for verification on one of my creditor's account and i got the result immediately.
The loan officer that I had was very great his name is Ozzy he take the time to explain everything I want to know before it take the loan I was very comfortable working with him OVER the company is great
I applied for a loan on Lending Tree and I was very skeptical, I was immediately contacted by Ozzy from Freedom Plus. The process was extremely simple and my loan funded in two days. The customer service was excellent and I would recommend this company to anyone in need of a personal loan. Thank you Ozzy and Freedom Plus!
Really need to allow resetting password online. I want to get in, and simply cant, if you cant call during the week, you have no options. Need to fix that
Jose was excellent ! Very polite and respectful. Informative and accurate.
Elliott S Nathanson
I sent an email to customer service cancelling this loan a week prior to disbursement of the funds and the funds were still disbursed. I continue to make payments to the vendors and now my bookkeeping is all messed up. This is the worst company I have ever had to deal with and would not recommend them to my worst enemy. Elliott Nathanson
Did not reset password and lady talked almost nonstop telling me things I didn't need to know to update my pass word
Scott was very up front with everything and explained the process very well.
I've never worked with a company that when you make a payment early, they still take out your scheduled payment and end up charging you twice..... when I call to have them just apply the 2nd payment to my next month's bill they say there's no way they can't do it. The customer service person I spoke too did not care at all and made zero attempt to Fix the issue. She offered no apology or anything and tried to blame me for the issue. How is it the customers fault that when they pay their bill early they then get charged twice?? At least I know not to refer anyone to this company ever because they show zero concern about their customers.
I , Customers was penalized for an error on the companies end and my report was sent to Credit Bureau as a negative report
The best Customer service and product service mos important the attention thanks
I called the next day after signing the contract to cancel the process for a personal loan because I did not feel comfortable with the payment and I was told during the loan application process the the funding would take 2 to 3 days and that the payment to creditors could be up to 7. I called in and one person told me I was on time and the others told me it was funded and nothing could be done. I was a little frustrated at the end of the call and I said "Man" like I couldn't believe it I couldn't cancel. the customer service person did not notice she said on and started laughing and making comments about why I probably wanted to cancel. i cant believe that overnight they did everything. This is really going to put me in a difficult situation!!