Choose a country
United States
Select a city
Select a city
Select language
Select country
Choose a country
United States
United States
Việt nam
Rating by Finanso®

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.



About lender

Freedom Financial Network is a digital personal finance company that helps clients make the right financial decisions. The company offers educational materials, tools for financial literacy, and the help of experienced credit consultants in financial assessments and credit counseling services. Freedom Financial Network also offers credit solutions such as home equity and personal loans. The main service of the company is debt relief.

Freedom Financial Network is headquartered in San Mateo, California. The company also has two branches in Tempe, Arizona, and Dallas, Texas. However, the company's clients do not need to contact offline branches, as the company's services can be obtained online on the website. The debt relief service is available to residents of 22 states.

Andrew Housser and Brad Stroh founded Freedom Financial Network in 2002. The company's goal was to help unserved, struggling, and struggling American families put their finances in order and escape a difficult financial situation by resolving a debt. At the moment, the company has helped more than 1 million customers and resolved more than $15 billion in loans.

Pros and cons


  • A wide range of financial services. Freedom Financial Network offers both financial advice and credit solutions.

  • It is possible to get debt relief and reduce the amount of the existing loan.

  • Quick receipt of money from the loan.

  • A high credit score allows the borrower to get a competitive rate.


  • Financial decisions such as debt relief and bankruptcy negatively affect credit scores.

  • The loan rate can reach a high percentage if the borrower's credit history is not perfect.

  • Many of the company's services have a fee.

Terms and condition

Financial assessment

Financial assessment helps clients understand and improve their financial situation. Financial Freedom Network provides clients with a free consultation with a credit consultant, which lasts about 30 minutes. Based on the results of the discussion and review of the client's financial situation, the expert consultant offers solutions to problems and accompanies them at every step of the process.

Home equity

Home equity allows homeowners to consolidate and pay off a high-interest loan using the home's value. This type of HELOC solution allows the client to make debt consolidation by combining several payments on high-interest credit card debts into one low-rate monthly payment. This financial solution allows the homeowner to consolidate up to $150,000 for up to 10 years.

Personal loans

A personal loan is a classic consumer loan that a borrower can take out to pay medical bills, home improvement, travel, car repairs, and other expenses. This loan has an interest rate from 5.99% to 26.99% and an APR from 7.99% to 29.99%. These financial indicators depend on the borrower's credit history. Such a loan can be taken for a period of 2 to 5 years. The borrower can take the amount from $ 5,000 to $ 50,000. This financing provides for an origination fee in the amount of 1.99% to 4.99% of the loan amount. The percentage of the origination fee depends on the loan amount. This loan has a late fee of $15.

Credit counseling

Credit counseling is professional assistance in the correct construction of the client's budget and assistance in overcoming unsecured debt payments. Counselors in Freedom Financial Network help calculate the client's current budget and assess their financial situation for free. For a fee, the company can discuss with creditors a reduction in the amount of interest on the client's loan and help them pay off the loan. Moreover, counselors can also discuss student loan consolidation and explore forgiveness options with the client.

Debt relief

Debt relief allows a borrower who is faced with unexpected life circumstances such as divorce, medical bills, or job loss to reduce the loan amount and pay it off faster. This service has a cost from 18% to 25% of the amount of the enrolled debt. The minimum loan amount for debt relief should be $7,500. On average, borrowers reduce the loan amount by 20% to 35% after paying the fee to the company.


Freedom Financial Network also provides customers with bankruptcy services. This solution can expunge a consumer's unsecured or secured debt. The company offers Chapter 7 and Chapter 13 bankruptcy registration.

Funding a loan

The borrower specifies checking or savings bank account data after receiving a response to the loan application. After signing the loan agreement, the borrower receives funds to the specified account within 24 to 72 hours.


Freedom Financial Network is a good choice to get debt relief. The company offers effective solutions to overcome difficulties with loan repayment. However, the client needs to remember that these decisions should be made only in an emergency, as they greatly lower the credit score. Freedom Financial Network is not the best company for taking out a loan. The loan in the company has an origination fee and a too high rate for borrowers with an average credit history.


Is Freedom Financial a good company?

Freedom Financial Network is trustworthy. The company has a rating of 4.5 out of 5 from TrustPilot users. Moreover, the company is a member of the American Fair Credit Council (AFCC) and the Financial Health Network and has IAPDA certification.

What does Freedom Financial do?

Freedom Financial Network is a digital finance company that offers personalized financial assistance. The client can get free financial consultation and a solution in the form of debt consolidation, debt relief, or bankruptcy. The company also issues its loans.

Who owns Freedom Financial?

Andrew Housser is the owner and co-founder of the company. He also owns subsidiaries such as Freedom Debt Relief.

Company documents

Terms of Use
Privacy Policy
Freedom Debt Relief California Privacy Disclosures
Freedom Financial Asset Management California Privacy Disclosures

Our mission is to empower everyday Americans to move forward towards a better financial future.

© Freedom

Calculate loan payments at Freedom

Freedom calculator will allow you to calculate an approximate payment schedule for the loan

Freedom calculator
Interest rates are given in accordance with the rates of the Freedom in Washington, D.C. as of 01.10.2022
Loan amount

Specify the desired loan amount

5000 $
50000 $
Loan term

Specify the loan term for the calculation


What to focus on before applying for a loan with Freedom

To ensure the lender is legitimate, check if it meets the following criteria:

How do you know if a loan company is registered?

The lending company is registered with the US Securities and Exchange Commission (SEC) and has a tax identification number (EIN). Note that tribal lending companies operate under the jurisdiction of tribal laws, and they don't have to register with the SEC. But still, tribes must act under federal consumer protection laws enforced by the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC).

According to the FTC requirement, the lending company is registered in your state, excluding tribal lenders abiding by tribal and federal laws only. That is why tribal lending companies can charge interest rates exceeding your state's maximum.

Finally, the State Attorney General can verify the registration of the lending company if you need additional proof of whether it is legitimate.

If a US lending company scams you, please report to local law enforcement, your state attorney general, CFPB, or FTC.

Finanso® also recommends

Learn the total cost of a loan, including:

It will be best to read a loan agreement carefully before signing it. If any part of the agreement seems incomprehensible, do not hesitate to ask the lender about particulars.

Remember that you don’t have to make an immediate decision when considering getting a loan. However, you must be sure that you are ready to repay following your loan documents. If the lender’s terms and conditions are uncomfortable for you, you are free to search for another proposal, as there are about 780 lending companies in the US.

What’s the difference between Freedom and a bank?

  1. You need to have a good credit history to qualify for a credit card with a bank. In contrast, even bad credit history debtors can borrow money from US lenders with personal or payday loans. 
  2. Interest rates and annual percentage rate for a loan with an online lending company are significantly higher than with a credit card released by a bank.
  3. Applying for an online loan with a lending company doesn’t require paperwork or even visiting their office. Instead, a borrower can apply entirely online and receive money via direct deposit on the next business day.
  4. The online lending business is high-risk for investors, and their capital is not protected from unfair borrowers.
  5. A loan with legitimate loan companies for bad credit is a simple but expensive form of borrowing to resolve financial hardship.
Your comment has been added
Your complaint has been recorded
Invalid username or password
Please log in to like/dislike
Invalid SMS code has been entered
All Freedom’s reviews by October 2022
Leave feedback

Similar companies

Mission Loans
19500 Jamboree, Suite 300 Irvine, CA 92612
Accredited Debt Relief
9525 Towne Centre Dr, Suite 100, San Diego, CA 92121
1900 S. State College Blvd, Ste 300, Anaheim, CA 92806
PO Box 10, Parshall, ND 58770
Wintrust Mortgage
9700 W. Higgins Road, Ste. 300, Rosemont, IL 60018