About FreedomPlus
FreedomPlus is a personal lender offering personal loans to individuals with a wide range of credit scores. You can apply for a loan for almost any personal purpose, from debt consolidation, home improvements, to paying for medical expenses. A FreedomPlus personal loan can be used for many personal purposes.
FreedomPlus is a part of the Freedom Financial Asset Management started in 2013, FreedomPlus handles the personal loan products.
FreedomPlus can boast of fairly fast service and good customer support. Let’s have a closer look at what they have to offer you.
Is a FreedomPlus Personal Loan Right for You?
FreedomPlus personal loans could be used to pay for many personal expenses as well as to consolidate credit card debt in one single payment. If you want to finance a major purchase, for example, FreedomPlus makes it easy to quickly make the purchase.
Before applying for any loan, it’s important to understand how personal loans work and how lenders work. FreedomPlus is a transparent lender with loan consultants available to help you. If you would like to learn more you can visit the FreedomPlus website.
FreedomPlus Personal Loans
FreedomPlus offers several types of personal loans, which all come with the same fast and easy application process.
Types of Personal Loans
FreedomPlus offers the following personal loan products:
- Credit card refinancing
- Debt consolidation
- Home improvement
- Major purchase
- Wedding
- Travel/vacation
- Car/Auto maintenance
- Medical expenses
- Moving expenses
- Miscellaneous “other” expenses
Loan Amounts and Terms
You can apply for loans for any of the above. You select the loan amount you are seeking, FreedomPlus offers loans between $7,500 to a maximum of $50,000, and loan repayment terms range from 2 to 5 years*.
Interest Rates
Interest rates for FreedomPlus personal loans range from 7.99% to 29.99%*.
Ways to Qualify for a Lower Rate
FreedomPlus offers potential rate discounts for example, adding a co-borrower with sufficient income; using at least eighty-five percent (85%) of the loan proceeds to directly pay off qualifying existing debt; or showing proof of sufficient retirement savings, could help you also qualify for the lowest rate available**.
FreedomPlus Personal Loans Fees and Other Terms
FreedomPlus makes most of its money in interest charges. Beyond that, they also have other applicable fees. For example, they charge a loan origination fee of 1.99% to 4.99%*, but they don’t charge any prepayment penalties if you choose to pay off your loan earlier.
In total, FreedomPlus personal loans range of APRs goes from 7.99% to a maximum of 29.99%*. An APR is an annual percentage rate, which is a percentage-based measure of the total annualized cost of the loan.
How to apply with FreedomPlus
You can apply for a FreedomPlus loan through the FreedomPlus website. Applying for a loan is easy. You can get started by using the slider tool on their homepage to select the amount of money you want to borrow.
After you select the amount of money you’re looking to borrow, you will be prompted to fill in some basic information, starting with the purpose of the loan.
Once you fill out the loan application, you will receive a credit decision within 2-3 hours. If you choose to move forward you will be asked to provide a few documents. FreedomPlus will review submitted documents and if approved, funds will be sent within 24-72 hours.†
