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, unsecured 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.
Jump down to FreedomPlus reviews to see what consumers have to say about this .
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 bank account in as little as three days. Your loan repayment term can range from 24 months to 60 months, with rates from 7.99 percent to 29.99 percent APR.
FreedomPlus offers same-day loan decisions. However, this isn't guaranteed and will fluctuate based on your provided documentation, application verification, time of application submission, etc. With error free applications you can expect the FreedomPlus loan process to be completed in as little as one day with funds made available within 48 hours. The process involves:
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.
If your credit history is less than perfect, FreedomPlus might be a good match. Unlike many competing lenders, FreedomPlus has a low minimum credit score requirement of 620. Considered to be bad credit or fair credit, a 620 FICO score is below average for American consumers.
When it comes to personal loans, a higher credit score means that you can receive better rates and repayment terms, but a lower credit score requirement allows for a wider range of borrowers. Minimum credit score requirements of competing personal loan providers are generally higher:
FreedomPlus has flexible loan terms ranging from two to five years. A borrower can pay off loans earlier than the loan due date, so your loan repayment period 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 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 because they will know in the beginning that their rates and payments will be the same throughout the lifespan of their loan.
FreedomPlus also offers loans with an annual percentage rate from 7.99 percent to 29.99 percent APR, including the loan origination fee. On top of that, it uses fixed monthly payments, so your monthly payment amount will never fluctuate.
If you are seeking personal loans for debt relief, it is 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 simplify bill payments.
You could even qualify for rate discounts if you apply with a cosigner, have retirement assets, or let FreedomPlus pay your creditors on your behalf.
FreedomPlus does not charge a prepayment penalty fee. This means you can pay off your loan earlier, regardless of your loan term.
However, although FreedomPlus has no prepayment fees, it does charge a loan origination fee, as well as a $15 late fee for any late payments made.
FreedomPlus provides quality customer service to its borrowers primarily through its loan consultants to help you make the best financial decisions while balancing your financial needs.
When you start your application, the company offers a simple and easy-to-use form to start your loan process online, and allows you to call and speak with loan consultants and experts with any questions. User reviews indicate these interactions are extremely valuable for potential customers, and are generally positive experiences.
Customer service also handles complaints and there is little to no wait time.
FreedomPlus has an exceptional star rating from consumers. Quality reviews demonstrate 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.
FreedomPlus charges an origination fee between 1 percent and 4.99 percent on its personal loans. While a fee like this isn't necessarily large for the industry, some industry leaders omit such processing fees from their loan applications altogether, but they are still quite common.
It is unclear how FreedomPlus calculates its origination fees. On its website it states that, "origination fees are calculated on the final loan size and vary based on the interest rate and term selected." Make sure to talk with a representative at FreedomPlus so that you have a better idea of what this fee may look like for you.
FreedomPlus has a max personal loan amount of $40,000 with a minimum loan amount of $7,500. This maximum amount is the average for the industry, but there are some lenders that offer much larger maximum amounts, up to $100,000. Thus, a FreedomPlus personal loan may not be the best choice for you if you need a larger sum of money than $40,000 to meet your needs.
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!
Great customer service and understanding
Great loan consultant and very knowable, her name is Kristy G , best interest rates
John was very helpful, and couldn't ask for a better representative.
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!
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 called for verification on one of my creditor's account and i got the result immediately.
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.
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.
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!
Flawless, experience from beginning of process to-date!
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.
Personal loan was delivered and completed in less one hour.
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!
Ozzy was fantastic! Helpful, quick and detailed. I got a great rate loan and consolidated all my bills to one payment.
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
Al De Jesus
Excellent fast service. Thank you. Professional ethics and timely. I look forward to more loans from you
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.
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!
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
Sherry D is awesome! very clear in all the explanations about the contract and in general. Good Job!
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.
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
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!!
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.
Osvaldo very helpful and easy to connect Fast reaponse rate Thank you!!!!
Ozzy was fantastic! Helpful, quick and detailed with his requests. No guessing just plain instructions. My favorite kind of business.
Was told I would be able to refinance after 6 months since my APR is high. Was then declined despite already paying loan down 30%
our customer representative was very helpful and kind.
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.
I was mislead into thinking that adding my husband as a co-applicate on my loan would lower my interest rate. Which was not true, the rate that was offered to me was still higher than the interest rate on all my credit cards. I will not recommend this company to my friends and family.
the site is telling me I have no active loans, I hope I do since I am paying you EVERY month by automatic draft. If this not correct, I will give you a better rating, otherwise, it will stand as it is.
I was contacted immediately and the service was fast, friendly and efficient.
Great loan person. Very helpful. Easy and fast service. Thank you Casey.
Excellent customer service. Bharat was professional, courteous, knowledgeable and in constant communication . Fast and easy process!! I was given clear details on the precise information needed to complete my loan. This was a great experience!
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!
I applied for a loan. The information provided to me regarding rate, monthly payment, etc. was incorrect and misleading ('a mistake was made"). As a result I made financial decisions based on false information. When the error was discovered, I received an apology and "corrected" options. I was and continue to be very dissatisfied with my experience and would not recommend FreedomPlus.
Total time from first communication to finalization and loan approval was less than 1 1/2 hours. Osvaldo was personable and pleasant, but most of professional and courteous. He explained all the requirements and processes up front. There were no surprises when the documents arrived. The e-signature function was perfect. The loan product he offered was a perfect fit to my current financing needs. Freedom Plus offered a lower interest rate and a better range of repayment options than a competitor I had previously checked. I am very pleased with the service I received and would highly recommend Freedom Plus for financing needs.
You will not let me login. You keep saying I have no account with you. So could you please send me a paper statement because I would like to stop auto pay and start paying it myself. also my email address has changed. New email - [email protected] Thanks, May God bless, Charles Keller
I was treated very good. I'm very happy to be doing business with you. Thank you for all your help.
I called customer service to make an additional payment 2 WEEKS ago!!! StI'll not done...I want to pay this off early to save $$ on the high interest.
your on line payment system and cvustoner service is terrible
I would highly recommend this company for anyone who may be struggling with credit issues. I worked with Danny G, and I have to say the customer service he provided absolutely outstanding. With my situation Danny could have just told me I was wasting my time, but he believed in me and got me approved. I urge you to call FreedomPlus, but don't just call, when you do ask for Danny G, HE GETS THE JOB DONE!!!
Excellent help with my loan no issues everything was straight forward, I would recommend you to anyone else.
Rami provided excellent customer service, and my loan was process in a timely manor.