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.
As suspected during the initial loan process and getting setup the phone calls to me didn't stop with the loan officer as well as the immediate email followup after account setup. Once you have an account setup, its pretty much gone radio silent My several attempts via email for questions regarding payments have not been replied to.
Extremely easy to work with. Rare combination of a business out to make a profit and a staff that cares for the welfare of the client. This company's staff makes the difference. I strongly recommend this company for people looking to consolidate debt.
Ryan was a big help to me...once I got set up, Prosper started to settle my accounts...one was reduce by 90%...unbelievable...just got started but cant wait to see the final results...
DaJuan my loan officer was excellent. Very informative and made the process easy. GREAT CUSTOMER SERVICE. Sometimes had to leave message but it is not a drive through and people are busy doing their jobs.
Online website does not allow additional payment processing. Loan interest rates are very high, I would not recommend to a friend
Terrible customer service. No one answers the phone and no one returns call. WORST ever!
Alan did a great job. He was respectful, helpful, friendly and caring through the entire process. He guided me well and I appreciate his support in consolidating our debt. I will highly recommend you. Also Ryan who handled our welcome call was great as well. Good people. Thank you all.
Phyllis J Sparks
My experience was satisfactory except for one item. I receive my income on the third of the month and have asked your representative on two occassions to please change my due date to 02/03/16. Could you please do this for me??
still having problems opening the account . had this problem before and got help some help to fix the problem and it worked one time when I tryed it with the on line help and it has not worked since
I think this company is terrible. I asked if I could add more money onto my loan, because my wife was just recently diagnosed with breast cancer, and we have a lot of medical bills, and she has to have major surgery. They told me sorry, there is nothing we can do. This is the most heartless most disgusting company I have ever dealt with. They make me want to puke!
Very friendly and easy to work with---their "simple interest" will help save tons of money and I can pay off the loan in 3 years versus 18 if I pay just the minimum on my c/c---Basil was very attentive and courteous in his explanation of process and kept me informed daily as to progress--will recommend to friends and family!
Freedom Plus has been the best company to do business with and we look forward to continuing in the future with this awesome company.
Kelly was very friendly and helpful. Answered all my questions and did everything on his behalf to help me. My first problem is solved and he will get my business for the second problem. Thank you
Not having the ability to make payments online is very disappointing to me. I am pleased with most other aspects regarding freedomplus, but the website could use some updating. Again most of my complaints is about not having the ability to make payments at anytime or change the amount or anything like that.
Working with FreedomPlus was a wonderful experience. Quick and easy. Basil is a jewel very professional, polite, and great to work with.
The whole process was way easier than I thought it would be. Having our monthly payment come out automatically is awesome! I cannot believe how much this consolidation loan has raised both of our credit scores, nearly 100 points each. Jeremy was great to work with.
I continue to get e-mail about payments and statements even though I declared bankruptcy several months ago and the remaining balance on my account was discharged by the bankruptcy. I incurred late fees several times because of this. Even though I have contacted my lawyer, I fear that Freedom Plus will continue to take money from my account and the only way I will get rid of them is to sue them.
Everything was completed in an extremely quick operation. Joe was very knowledgeable and courteous. Great customer service, I would recommend this company to anyone looking for a great personal experience! Thanks!
I should not have to call a hotline number to reset the password to my account. It's almost 2016. IP addresses and security questions can be used. Ridiculous.
This was an amazing experience. It took from start to finish, including money transfer too accounts three days. Everyone was very pleasant to talk with and capable of answering all questions.
Customer service was attentive not assertive. Explanation of the loan terms and available payment options in relation to the actual cost of money was easily broken down and when the agent knew that I could comprehend and needed a more full detail you converted the explanation to a future value of money discussion. I would highly recommend this company because of the ease of dealing with customer service and my perceived notion that while a business the people behind the scenes actually care about the fiscal well being of the client.
There was no problem with the customer service who I talked with on the phone. But I definitely think there should be a policy in place which allows customers to make early payments that would be deducted from there scheduled monthly payment. I get paid weekly and it would help me budget if I could put a little on the bill when I have a few dollars to spare and don't want to spend it friviously.
I had a personal loan that was killing me on the interest rate, it was 25.84% (I know, UGH!) and it was for FIVE years. I called FreedomPlus and worked with a VERY NICE gentleman who was extremely attentive to my needs, answered every question I had and left nothing to be uneasy about. I was able to fund a loan for $2,000 more than the payoff of my crushing personal loan at THREE years instead of five and at an interest rate of 18.99%. That cut 6% off my interest rate, gave me $2,000 more dollars and all it boiled down to was $120 more per month. I know that may not be possible for everyone to come up with an extra $120 per month, but I used the extra $2,000 to pay off smaller debts that required a $25 minimum monthly payment, so racking those up, I was able to save $100 in smaller monthly payments, so it came out to be an actual $20 more per month!! I think FreedomPlus is excellent. Sure, 18.99% is not "the best" interest rate out there, but for people who are building/rebuilding their credit scores, it sure is better than some of the "predatory lenders" out there. I recommend them highly!!
FreedomPlus is awesome. Surprisingly, their interest rate was less than some of the banks and their process was faster and less intimidating. I felt very comfortable using an "online" loan company. Also, their customer service is great. I highly recommend their service.
Great customer service, fast easy and quick. Good options on rates and payback
My experience with Freedom Plus was all positive, from beginning to end, nothing bad at all to say about it. Dajuan was my loan officer and his professionalism and courtesy was outstanding throughout the process. Thanks again Dajuan!
I had a very high interest loan that I needed to pay off and Freedom Plus saved me! They were wonderful to deal with, so kind and polite. Very fast service. The whole entire loan process funded and everything took 4-5 days. Thank you again Freedom Plus!!! Saved me hundreds of dollars a month!
My approach to free plus was hesitant, giving that i was introduce by a spammed third party. I made the call just to see the good of the offer, and was surprised by the easy process for approval, which made me more aware of them all. Having the credit karma app, i know my scores exceeds 700 and my income assist with all that's required.. i strongly recommend freedom plus to anyone interested in improving themselves and quality of life. . P.S. take the risk and invest in yourself, i did.
I was not provided with the 14 % based on the commitment I choosed to have ! I provided pay stubs and banking account and seller asked me 401k and I said I'm busy have a small baby don't have time to sent another email therefore they decided in their own With 17% !! I saw this after I signed the documents ! I would like to be pulled off from this offer unless I have 14% APR !
Kelly was the loan officer I dealt with. He explained everything. He was very pleasant. He was very patient and made my experience very good. He notified me of everything that was happening. This is the best experience I have ever had applying for a loan. Thank You Glenda Stevens
As soon as the loan was completed the loan officer didn't answer me when I had additional questions off course since he had already collected his commission
Randall dealt with my application extremely professionally and answered all my questions. He is an asset to your Company. I am very happy I contacted Freedom Plus.
Very professional and friendly staff. Kelly was extraordinary. Thank you.
Excellent service. It was very quick and easy. My loan officer was very personable and treated me more like a friend than a client. It took just 24 hrs. for the whole process.
Quick and easy. Loan officer very nice.
Scott was patient and professional throughout the entire process. He clearly explained all terms and conditions so that there was transparency throughout the process. He always answered the phone and got back to me in a timely manner. Funds approved in about a day. Highly recommend. Thank you Scott.
You never answer the phone and I have yet to receive an e statment
We found the team at Freedom Plus efficient in handling our project and effective at providing a timely conclusion.
Excellent customer service. I received my funding in 3 days.
Ozzy was more than helpful and has Amazing customer service skills. He walked me through the steps, and was very patient during the whole process. He is Awesome and the Freedom company is great!!! Thank you!!! Dee-
Ozzy was brilliant! The process was quick and efficient. Thank you!
The process was great. Thank you Andrew
Freedom Plus greatly improved our financial situation. The company handled the approval of the loan very professionally and very promptly. The representative took time to explain the various options for repayment and we were able to choose the best plan for our budget. We are looking forward to our credit score increasing in the near future. Outstanding company!
The process was simple and easy to complete. My loan was approved in less than 8 hours. Several options were explained to me with the differences of each detailed. For example, the differences between a 2 year loan and the 5 year loan with what different interest rates and monthly payments. Jake, the employee I worked with was wonderful to work with. He was pleasant and professional. Excellent at explaining the process, what the different options were and answered all questions patiently. It was clear he worked on my loan as soon as possible. There were no long waiting times for me. I would definitely highly recommend their services.
Very easy process. Customer service rep. ,Edwin, was extremely helpful in assisting me with each step. Thank you Edwin. Keep up the great work!
We had an excellent experience with Alan, in the process of being approved for the loan and all the way to the end of electronically signing documents. It was a very thorough and quick process in obtaining the loan. Thank you Freedom Plus for your excellent help.
When I found out the outrageous interest I paid it off immediately, $5,800 instantly ,does it sound like I need $ 6500.00 loan at 23%.That's not what I recall, at the timeI'm going find that text,e-mail something.
Thank you for all of your help! It was great speaking with Dajuan at Freedom Plus, who not only walked me through every step, but followed up with phone calls and emails to assure we were on the same page! Will definitely recommend Freedom Plus !!!
Thomas Lee Hammond
A very satisfying procdure. Very helpful associate to work with. I would certainly recommend to other borrowers. TH.