FreedomPlus Personal Loans

Affordable Personal Loans
FreedomPlus is a personal lender offering personal loans to individuals with a wide range of credit scores.
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$7,500 - $50,000
Loan Amounts
2 - 5 years
Loan Repayment Terms
7.99% - 29.99%
Interest Rates

Details

Product Name
FreedomPlus Personal Loans
Product Description
Personal loans for individuals with a wide range of credit scores
Loan Amounts
Access personal loans starting from $7,500 and up to $50,000
Loan Repayment Terms
FreedomPlus personal loan repayment terms range from 2 up to 5 years
Interest Rates
The interest rates range from 7.99% and up to 29.99%
Access to Discounted Rates
They offer ways to access discounted rates, like adding a co-borrower with sufficient income

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.

FreedomPlus
FreedomPlus Personal Loans

Affordable Personal Loans

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
FreedomPlus
FreedomPlus Personal Loans

Affordable Personal Loans

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.†

FAQs About FreedomPlus Personal Loans (4)

  • Is FreedomPlus a legitimate loan company?

    Yes, FreedomPlus is a legitimate lender. They are a part of a privately held financial services company. There are countless reviews from previous customers available online and the company has a very active profile on impartial platforms such as the Better Business Bureau.

  • Who is eligible for a FreedomPlus personal loan?

    An adult U.S. resident who meets the minimum requirements is eligible for a FreedomPlus personal loan. Approval is entirely at the discretion of FreedomPlus. For more information on eligibility go to the FreedomPlus website to read the Terms of Use.

  • Does FreedomPlus personal loan charge prepayment fees?

    No. You may pay FreedomPlus personal loans back in advance if you choose and there are no penalties for doing so.

  • How much can you borrow via a FreedomPlus personal loan?

    FreedomPlus offers personal loans ranging from $7,500 to $50,000.

FreedomPlus
FreedomPlus Personal Loans

Affordable Personal Loans

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*All loans available through FreedomPlus.com (NMLS ID #227977) are made by Cross River Bank, a New Jersey State Chartered Commercial Bank or MetaBank®, N.A., Members FDIC, Equal Housing Lenders. All loan and rate terms are subject to eligibility restrictions, application review, credit score, loan amount, loan term, lender approval, and credit usage and history. Terms and conditions apply. Loans are not available to residents of all states – please call a FreedomPlus representative for further details. The following limitations, in addition to others, shall apply: FreedomPlus does not arrange loans in: Arizona under $10,500. Repayment periods range from 24 to 60 months. The range of APRs on loans made available through FreedomPlus is 7.99% to a maximum of 29.99%. APR. The APR calculation includes all applicable fees, including the loan origination fee. For Example, a four-year $20,000 loan with an interest rate of 15.49% and corresponding APR of 18.34% would have an estimated monthly payment of $561.60 and a total cost payable of $7,948.13. **To qualify for a 7.99% APR loan, a borrower will need excellent credit on a loan for an amount less than $12,000.00, and with a term equal to 24 months. Loan origination fees vary from 1.99% to 4.99%, though most loans will have a loan origination fee of 4.99%. 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.

† These time periods are merely estimates and are in no way a representation or promise by FreedomPlus. Same day approvals assume that you provide a fully completed application with all required supporting documentation early enough on a day that our offices are open. FreedomPlus loan consultants are available Monday-Thursday 6am-8pm MST, Friday 6am-7pm MST, and Saturday-Sunday 7am-4pm MST

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