Freedom Plus Review

By Kevin Mercadante

Company profile:

Freedom Financial Network (FFN) was founded back in 2002, by a duo of brilliant financiers from Stanford Business School. Operating from two offices in California and Arizona, the company has now expanded to a collection of more than five different operations – all designed to help people through financial difficulties. Freedom Plus is the personal lending arm of FFN, founded and designed to offer one of the most personal and individual loan systems on the market.

Visit Freedom Plus

The team at Freedom Plus has more than 150 years combined experience in finance and business and FFN itself has been recognized in the Inc. 500 list, the Hot Companies list and is a charter member of the American Fair Credit Council. Founding duo Housser and Stroh are also winners of the same Young Entrepreneurs award that Google and eBay have also collected.

Service profile:

Freedom Plus offers a highly personal loan application process, resulting in a much more individual loan product. Requesting $10,000-$35,000 – Freedom borrowers can request funds for loans including credit cards, debt consolidation, home improvements, weddings, vacations, auto, medical and more. Freedom Plus keeps detailed information about its loans very close to heart, only discussing rates with those eligible for a loan. We went through the process multiple times, testing with lower credit scores and different loan types and were always eligible for a loan.

APR and repayments are discussed and negotiated in a sales call with one of Freedom Plus’ financial analysts. These rates are assessed on the information provided in the initial sign-up and further details requested by the analyst. Most borrowers from Freedom Plus will have a minimum FICO score of 650+.will have a minimum FICO score of 650+ and will likely experience higher APR, but these rates will be calculated on the supposed ‘higher risk’ of the consumer.

Loan Features

  • $10,000 - $35,000 
  • Competitive APR for HR individuals
  • Fast approval
  • Funding paid within days
  • No prepayment penalties
  • No hidden fees


Loan Application Information


To apply for a loan from Freedom Plus, you may have to provide the following information:

  • Paystubs
  • W-2 forms
  • Social security number
  • Proof of identity
  • Proof of income
  • Employment status


Most of the loan application for a Freedom Plus product is conducted online, but there may be requirements for faxed documents. After the initial application, a sales representative will get in touch by phone to discuss options. Whilst the website doesn’t advertise a minimum credit score, we have found it to be around 650.

Repayment terms:

Repayment of Freedom Plus loans are made through the normal channels, with automated electronic funds transfer being the preferred method. Dates and terms are agreed upon before signing the product contract – but borrowers are able to reduce this term by making early payments (without penalty.)

Help and support:

Freedom Plus customer support is operated through the Freedom Financial Network business, meaning borrowers have access to the expertise and knowledge of some extremely highly qualified financiers. Bills.Com is one of FFN’s most successful services and this offers an array of tools and calculators for financial issues, along with a free Q&A section manned by experts.


Freedom Plus has a lot to live up to, as one of the subsidiaries of a highly-successful parent company. Whilst information for interested parties might be a little thin on the ground, we have found a multitude of satisfied borrowers who have been thrilled with rates and repayment options on offer to them. This highly private and personalized loan system has been helping struggling consumers for more than a decade and wouldn’t still be around if it wasn’t working.

Visit Freedom Plus

Physical address:

1875 South Grant Street,

San Mateo, CA 94402


About Kevin Mercadante

Kevin Mercadante is a freelance professional personal finance blogger, and the owner of his own personal finance blog, He has extensive backgrounds in both accounting and the mortgage industry. Follow Kevin on Google+.


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