FreedomPlus
Online Payday Personal Consumer Loans up to $5,000
Easy Application, Fast Processing, Quick Approval, Any Credit Score
Request a LoanFreedomPlus is an online lender that offers personal loans ranging from $7,500 to $40,000 in 35 states. The lender works a minimum FICO credit score of 620. They advertise competitive interest rates and flexible repayment terms.
| Company name | FreedomPlus |
| Founded | 2013 |
| Address | 1875 South Grant St, Ste 450 San Mateo, CA 94402 |
| Website | freedomplus.com |
| Phone number |
800-368-0061
|
| [email protected] |
Pros
- Easy application
- Fast funding
- Can directly pay off the debt you’re consolidating
- Loans can be used to various purposes
- Co-borrower discount
- Direct pay discount
- Retirement assets discount
- Allows co-borrowers
- Help from loan consultants
- Works with fair credit
- No hidden fees
- No prepayment fee
- An A+ rating with the Better Business Bureau
Cons
- Not available in all states
- Origination fees up to nearly 5%
- Wide APR range
- Must talk to a loan representative via phone to complete the application process
- High minimum loan amount
- Not the highest loan amount
- No instant decision of application status
- Does not work with bad credit
Bottom line
FreedomPlus loans are best for you if you have a good credit and at least 3 years of credit history, if you need a personal loan of at least $7,500, and if you who want to apply with a co-signer. Do not forget to compare other offers before applying for their personal loans.
Types of loans
FreedomPlus offers personal loans for a variety of purposes, including:
- Credit card refinancing;
- Medical expenses;
- Moving expenses;
- Debt consolidation;
- Wedding expenses;
- Travel and vacations;
- Business expenses;
- Home improvement;
- Auto purchases;
- Major purchases.
For starters, you can borrow between $7,500 and $40,000 from FreedomPlus, and you can get your money in as little as three days. Its interest rates range from 5.99% to 29.99% APR, and you’ll have anywhere between 24 and 60 months to pay off your new loan.
Loan requirements
To qualify for a FreedomPlus personal loan, you must meet the following financial requirements:
- Be at least 18 years;
- Be a legal US resident;
- Have a valid phone number and bank account in your name;
- Have an annual gross income of at least $21,500;
- Have a maximum debt-to-income ratio of 45%;
- Have a minimum FICO score of 620;
- Have a minimum of three years of credit history.
Category: Online Loans
Tags: Alabama, Alaska, Arizona, Arkansas, California, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington
Posted by Deborah Wagner