FreedomPlus is a great choice for people with fair or good credit who want a debt consolidation loan. Borrowers can choose to have payments sent directly to lenders and still earn rate discounts for doing so.
FreedomPlus Personal
No hidden fees No prepayment fees everIf you qualify for one of FreedomPlus’ rate discounts, you can consolidate large amounts of credit card or other unsecured debt with peace of mind.
Other details
For debt consolidation purposes, it is possible to use the option to have FreedomPlus pay directly to third-party creditors. This streamlines the debt consolidation and repayment process, as well as the discount offered by the creditor for those who choose this option. Also, you can use your FreedomPlus loan to refinance third-party debts or even existing FreedomPlus loans.
Learn more about FreedomPlus Personal Loans
FreedomPlus personal loans require fair, good, and excellent credit scores (600 and above) and strong household income.
Each candidate’s debt-to-income ratio (DTI) is also evaluated by FreedomPlus. you must have a maximum DTI of 45%. A borrower’s DTI is essential in determining how much he can borrow and also strongly influences an applicant’s chances of approval.
FreedomPlus increases your chance of qualifying for better rates by allowing co-applicants. Co-applicants are not treated as co-signers, but rather as co-borrowers. In other words, they are equally responsible for making loan payments and meeting loan requirements.
Other Benefits
- Joint Loan Discount: Decrease your rate by up to six percentage points by adding a co-borrower to your application. During the assessment process, the combined income and credit profile of both borrowers will be considered.
- Retirement Savings Discount: Up to five percentage point discount off the rate for qualifying borrowers with at least $25,000 in retirement savings. Borrowers with $40,000 or more in savings can get even greater discounts.
- Direct Payment Discount: Receive a discount of up to four percentage points off your rate when using your FreedomPlus loan for debt consolidation and utilizing the direct payment to creditors feature.
- Fast Financing: When you apply for a loan from FreedomPlus, receive a same-day loan decision! The lender can finance a loan within three days after the borrower is approved.
- Freedom to change payment date: Choose your payment date before signing the loan agreement and change it up to twice every 12 months, or six times over the life of the loan.
Is this loan for you?
FreedomPlus is a great choice for people with fair or good credit who want a debt consolidation loan, borrowers can choose to have payments sent directly to lenders and enjoy competitive APRs and various fee discounts.
FreedomPlus personal loans require fair, good, and excellent credit scores (600 and above) and strong household income. The required score is lower than the minimum credit score requirements of many lenders.
The BankAmericard Credit Card 
Grow Credit Mastercard: Your Path to Credit Building Success 
TD Double UpSM Credit Card: Maximizing Your Cashback Rewards