SAN MATEO, Calif., Jan. 23, 2018 /PRNewswire/ -- NerdWallet has recognized FreedomPlus® among the Best Personal Loans for Good Credit and Debt Consolidation in its 2018 Best-of Awards Program.
NerdWallet named FreedomPlus one of the "Best Personal Loans for Good Credit" as well as one of the "Best Personal Loans for Debt Consolidation."
The FreedomPlus loan, a product of Freedom Financial Asset Management (FFAM), offers consumers convenience, flexibility and the opportunity to ask important questions to insure they get the loan best-suited for their needs, according to Joseph Toms, president of FFAM. For debt consolidation, FreedomPlus is an effective way to refinance credit card debt into a fixed, amortizing installment loan, thereby lowering total interest paid while simplifying one's life from multiple payments and credit cards to one single payment.
Features of the FreedomPlus loans recognized by NerdWallet's Best-of Awards Program include:
- Level of customer service unmatched in the industry
- Lower interest rate than many credit cards
- Qualification with a wide range of credit scores
- Discounts for consumers who apply with a co-applicant, and for those using loan proceeds to directly pay off credit cards
- Personal communication providing consumers the opportunity to better educate themselves about their options
- Knowledgeable loan consultants who can provide pros, cons and suggestions on the best loans and options
- Speed of funding (in many cases, two-three days)
As an independent lender, FFAM may use different criteria to help evaluate how likely someone is to repay a loan, explains Toms. FreedomPlus applicants can provide information and context about their credit profiles, and evidence of financial responsibility beyond credit scores.
NerdWallet recognized the FreedomPlus loans for its low rates and fees. As a choice for a debt consolidation loan, NerdWallet notes that FreedomPlus augments payoff efforts by providing an option to directly pay creditors with the money borrowed. "Best-of" loans include lenders whose starting rates are lower than typical credit card rates.
In its third year, NerdWallet's Best-of Awards Program recognizes industry-leading options for consumers across a variety of financial products, including credit cards, mortgages, banking, personal loans and investing. As part of providing consumers with clear and objective recommendations for all their financial decisions, NerdWallet evaluated dozens of financial products across multiple product categories to identify the best options of the year.
"FreedomPlus personal loans are part of our company's mission to help clients live healthier financial lives," says Toms. "The recognition of the FreedomPlus loan, for good credit and for debt consolidation, confirms the quality of product we are offering consumers, and that we are continuing to meet our commitment to our clients."
Freedom Financial Asset Management (www.freedomplus.com)
Co-founded by Andrew Housser and Brad Stroh, Freedom Financial Asset Management (FFAM) is a subsidiary of Freedom Financial Network, LLC, a family of companies providing innovative solutions that empower people to live healthier financial lives. FFAM tailors its FreedomPlus personal loans to each borrower.
Headquartered in San Mateo, California, Freedom Financial Network operates a large office in Tempe, Arizona, and employs roughly 2,000 people. The company has been voted one of the best places to work in both the San Francisco Bay Area and the Phoenix area for several years. Freedom Financial Network's other subsidiaries include Freedom Debt Relief and Bills.com. For people struggling with debt, Freedom Debt Relief offers a custom program to significantly reduce and resolve what they owe more quickly than they could on their own. Bills.com helps homeowners better understand their loan options and make smarter mortgage decisions.
Contact: Aimee Bennett, Fagan Business Communications, 303-843-9840, [email protected]
SOURCE Freedom Financial Network