FreedomPlus Personal Loans

FreedomPlus.comFreedomPlus Personal Loans offers loans from $5,000 to $35,000 and rewards borrowers who are working to consolidate debt.

FreedomPlus Personal Loans is an online lender that provides customers with some unique perks that other companies normally don’t offer. These include the ability to pay debt directly, and rewards for consolidating debt. The company is based in San Mateo, California, and was founded by Joseph Toms in 2014.

Rates last updated March 29th, 2017
Unfortunately, none of the personal loan providers have a loan for that credit score. It you are urgent need of a small loan, you might want to check out a short term loan.
Max. Loan Amount Minimum Credit Score Turnaround Time Requirements Personal Loan
Trusted Loans is a broker that offers the flexibility to pay for your credit once or twice monthly.
$10,000 330 As soon as tomorrow 18+, have an open bank account, be employed or have regular income Same rates
SWIFT Personal Loans
Access multiple lenders with a 5-minute application for a cash advance on your paycheck.
$10,000 1-2 days You have a valid bank account, You have a job or regular source of income, You are a resident of the United States and You are 18 years of age or older Same rates
Go to site More
Avant - Personal Loan
Borrow up to $35,000 with APRs ranging from 9.95% – 36.00%
$35,000 660 1-2 business days You must have at least a fair credit score (580 or more). Showing proof of a steady income. You must be a US Resident over 18 years old. Same rates
Go to site More

Have we missed anything in the comparison table? Tell us

  • If the provider quotes a different rate to the one above please let us know

Quick overview of FreedomPlus Personal Loans

Here are a few things to keep in mind if you’re interested in applying for a personal loan through FreedomPlus.

  • The average credit score of a FreedomPlus borrower is between 700-740. Good credit is typically required.
  • You will need to have a low debt-to-income ratio and earn $25,000 or more annually.
  • Before you are approved for a loan, you will be required to speak to a consultant first. Sometimes, they can help you get better rates.
  • FreedomPlus encourages borrowers to have co-signer by offering lower interest rates to those who do.
  • The APR varies from 7.93% to 29.9%, but averages around 21.7% for most customers.

For more information, check our detailed FreedomPlus Personal Loans product page.

How does FreedomPlus differ from other lenders?

FreedomPlus Personal Loans is unique in the lending world because they offer incentives to lower the APR on your loan. Considering the already competitive APR, the option to lower your interest even further could be wildly beneficial in helping get debt under control. One way you can decrease your APR is by applying with a cosigner, as this is encouraged by FreedomPlus. Another way is to consolidate your debt and pay off your creditors directly. Aside from this being an added benefit that most lenders don’t offer, FreedomPlus may even lower your interest by 1% to 3% if you choose to go this route.

How to apply

FreedomPlus Personal Loans takes pride in offering their customers a quick and simple application process.

  • Step 1: Fill out the online application form with all the required information and wait for FreedomPlus to conduct their credit check. They will only do a soft pull from Experian so it won’t affect your credit score.
  • Step 2: If you’re approved, you will need to create an account online and provide more details about your financial situation. It’s at this point that you can opt to lower your interest by adding a cosigner or paying off your creditors directly.
  • Step 3: After you select the loan you need, a FreedomPlus loan consultant will contact you to gather more information (verifying your identity and bank account), and to finalize the approval.
  • Step 4: Once everything is finalized, you can then choose which day each month you would like to make your payment. This date can be changed at any time.
Back to top
Was this content helpful to you? No  Yes

US Personal Loans Offers

Learn about our information service
Lending Club Personal Loan

Borrow up to $40,000 with rates from 5.99% to 35.89% APR based on your credit score.

SWIFT Personal Loans

Access multiple lenders with a 5-minute application for a cash advance on your paycheck.

An online loan matching service that connects you with lenders.

NetCredit Personal Loan

You could borrow up to $10,000 and get an interest rate personalized to your credit score

Back to top

Read more on this topic

Ask a Question

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Disclaimer: At we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the privacy policy.