FreedomPlus, a product of Freedom Financial Network, provides personalized, competitively priced consumer loans by combining traditional credit data with real-time consumer inputs. The platform targets roughly 80 million mid-credit Americans who are underserved by super-prime focused banks. FreedomPlus emphasizes lower-cost loans for borrowers and lower-risk consumer loan portfolios for accredited investors, positioning itself as an alternative to peer-to-peer lending models. FFN will deploy newly committed capital to fund consumer lending originated through the FreedomPlus platform. The broader Freedom Financial Network offers additional consumer credit and financial advocacy products, including Bills.com, Freedom Debt Relief, Freedom Tax Relief and ConsolidationPlus. Through its Freedom Debt Relief subsidiary, FFN reports having resolved more than $2.5 billion in debt for over 200,000 clients since 2002. The company operates from San Mateo, California and Tempe, Arizona and employs more than 600 people. Freedom Financial Network is a provider of comprehensive consumer credit advocacy services operating products across debt settlement, debt resolution, debt consolidation and tax resolution. Its product portfolio includes Bills.com, Freedom Debt Relief, Freedom Tax Relief, ConsolidationPlus and the upcoming FreedomPlus lending product. The company works as an independent advocate to provide financial solutions for consumers struggling with debt. FreedomPlus, a personalized lending platform, is slated to debut in early 2014 as part of the company’s expansion into lending. Freedom Financial Network is led by co-founder and CEO Andrew Housser and President/Chief Investment Officer Joseph Toms. The company is an accredited member of the American Fair Credit Council and a platinum member of the International Association of Professional Debt Arbitrators and has more than 600 employees.

Total raised

$235M

Funding rounds

2

Latest round

Equity

Latest activity

May 2014