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  • FCA Regulated: Yes
  • Minimum APR: 2.9%
  • Maximum APR: 249.5%
  • Available Services: Loans, credit cards, and mortgages
  • Maximum Broker Fee: £995
  • Free Evaluation: Yes
  • Customer Support: Live chat, phone, email

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Freedom Finance Review

Taking a loan is often unavoidable, so finding a reputable lender who won't bury you in debt is essential. With that in mind, read my Freedom Finance review to discover what this credit broker offers, and you may find a loan that covers all your urgent expenses.

Freedom Finance Review

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Visit Website
  • FCA Regulated: Yes
  • Minimum APR: 2.9%
  • Maximum APR: 249.5%
  • Available Services: Loans, credit cards, and mortgages
  • Maximum Broker Fee: £995
  • Free Evaluation: Yes
  • Customer Support: Live chat, phone, email

Best For

Fast loans


  • FCA regulation
  • Versatile products and services
  • Fast payouts
  • Unaffected credit score


  • Potentially high APR
  • Live chat unavailable

We’ve all been in a situation when we had to spend more money than we could afford. Under these circumstances, borrowing money from friends or local banks seems like a good idea. However, bank loans carry significant risks, and it may take days or even weeks to get the desired amount into your bank account.

What if, instead of waiting for bank approvals, you could rely on someone to perform a quick financial search and find loans you’re eligible for? In my Freedom Finance review, I’ll show you how to use this platform to connect with potential lenders and get money fast and hassle-free. I’ll then explain how to create an account at Freedom Finance and compare this service provider to other prominent players in this industry. 

So, read on because Freedom Finance may be a solution you’ve been waiting for!

This Freedom Finance review will cover the following topics:

What Is Freedom Finance?

Founded in 2007, Freedom Finance is a credit broker offering loans to UK customers. It’s part of the Freedom Finance Group — the leading lending platform in the UK that holds a 99% Gold Score, an internationally-recognised seal of approval by the Feefo reviews platform

The Freedom Finance Group operates across several markets, and its primary goal is to provide top-tier debt solutions and guidance on scorecard lending. The company CEO is Brian Brodie, and its headquarters are in Manchester, UK. Furthermore, Freedom Finance is backed by Pollen Street Capital, an investment management company regulated by the Financial Conduct Authority (FCA). 

With Freedom Finance, you don’t have to go through the lengthy loan application process. Instead, this credit broker will estimate how much you can borrow in a blink of an eye, saving you both time and money, as it doesn’t charge any application fees.

While you can’t borrow money directly from Freedom Finance, this loan company acts as a middleman between you and potential lenders. In other words, it uses smart decisioning to check whether you’re eligible for a loan based on the lender’s criteria. Then, if you have the predisposition to get a loan, you’ll get a proposal or go through the available options, depending on how many lenders give you an offer. 

It’s essential to note that Freedom Finance offers secured and unsecured loans. So, let’s discuss the good and the bad of taking these loans. 


Secured and Unsecured Loans

When you take a secured loan, you’re using your property as collateral. That said, the lenders may seize your assets to recoup their losses if you cannot pay off your debt on time.

Taking secured loans can be risky, as you may lose the roof over your head if something goes awry. However, many people still opt for secured loans since lenders usually offer lower interest rates for them. That is because they don’t perceive them as a risky investment — one way or another, the lender will get their money back, even if they have to take ownership and sell your assets. 

On the other hand, taking an unsecured loan is a better option, as you won’t have collateral connected to your personal debt. Still, you will most likely have to pay higher interest rates and accept a shorter loan repayment period. 

So, now that you’re familiar with Freedom Finance and the types of loans it offers, let’s dive deeper into the topic and further discuss the services offered by this credit broker.

Freedom Finance Services

Freedom Finance offers a broad selection of services, including personal and homeowner loans, credit cards, and mortgages. So whether you want to take a loan to pay off your debt, buy a house and a car, or even cover your high medical costs, Freedom Finance has you covered! 

In this section of my Freedom Finance review, I’ll cover all services this credit broker offers. Let’s begin with the Freedom Finance loans.


Freedom Finance offers two types of loans — Personal and Homeowner. So let’s see how they differ.

Personal Loans

Freedom Finance Personal loans are unsecured, meaning you won’t have to back them up with an asset. You can borrow as little as £500 or larger amounts of up to £35,000, depending on your needs and the ability to pay the money back on time. The majority of lenders provide payback terms ranging from one to seven years. 

Personal loans at Freedom Finance are divided into several categories. For example, you can apply for a debt consolidation, car, wedding, holiday, and home improvement or refurbishing loans. Moreover, you can get a caravan/motorhome loan or lend some money to pay off your medical expenses.

Homeowner Loans

Besides finding Personal loans, Freedom Finance can connect you with lenders willing to offer Homeowner loans. These are the opposite of unsecured loans, meaning you’ll have to secure the money you borrow against an asset of your own. 

The more risk you take, the higher the potential award. So if you need to get a hold of more funds, a secured loan is the best option for you. Freedom Finance offers £5,000 to £2,000,000 secured loans with a 1–30 years repayment period.

Homeowner loans can be used for:

  • Debt consolidation
  • Home Improvements
  • Weddings
  • Home furnishing
  • Caravans/motorhomes
  • Additional property
  • Purchase freehold
  • Medical expenses 

Annual Percentage Rates

Lenders offer unsecured Freedom Finance loans with Annual Percentage Rates (APR) from 2.9% to 249.5%. APR is the annual cost of the loan, including fees, so be sure to think your options through before committing to a deal. Similarly, Freedom Finance APR for secured loans ranges from 3.7% to 99.9%.

Keep in mind that any loan with an APR at or below the national average is a fair trade. If Freedom Finance connects you with a few lenders who want to give you a deal, choose a loan with a lower APR, as it will reduce the cost of borrowing money from a third party. 

If you’re still wondering how much you would have to pay back, take a look at the following example. Suppose you want to buy a new car. In that case, you’d need at least £16,000 to finalise your purchase. So, let’s take a statistic conducted in 2020, which showcases that an average Briton has £6,757 in savings and assume you have that amount of money on your credit card. You’d still need to borrow roughly £10,000 for a new vehicle. 

You could take an unsecured car loan in this scenario, with an APR of 28.4%. If you borrow the money over the next five years, your monthly payment would be £295.04. The total interest you’d have to pay in return would accumulate to £7,702.44, meaning the total amount repayable would be £17,702.44. 

Note: Your annual percentage rate will depend on your credit score, current financial situation, and the lender. 

If you’re seriously considering taking a loan, I recommend checking your eligibility on the Freedom Finance official website. By doing so, not only will you get an estimate on how much money you’re eligible to borrow, but you’ll also get more insight into your APR. 

Furthermore, using a Freedom FInance loan calculator allows you to check what you’re getting yourself into before dealing with one of the Freedom Finance lenders.

Credit Cards

If instead of a loan, you’re looking for a revolving credit that gives you access to funds as long as you can maintain a steady balance, you can get a credit card at Freedom Finance. 

More importantly, this credit broker has a free-to-use myfreedom portal where you can check your credit card eligibility and discover how card providers see you in just a few clicks. By signing up to the myfreedom portal, you’ll also find strategies for strengthening your finances and checking your credit card options quicker.

Once your request gets approved, and you get access to your funds, you will have to make minimum monthly repayments or pay the borrowed money back at once. Therefore, you should choose a credit card that won’t affect your financial health and put you further in the hole. 

What’s excellent about Freedom Finance credit cards is that they won’t affect your credit score. You can take several credit cards at once, and the credit card limit will depend on your credit history. Additionally, if you repay your debt on time, taking a credit card via Freedom Finance may improve your credit score over time. 

To get a credit card, you will have to go through the Freedom Finance credit card hearing, after which they will pick the best credit card for you.


A mortgage is a type of loan used to buy a piece of real estate, and it’s secured against the value of that asset. To be eligible for a mortgage, you must be at least 18 years old and have a deposit of 5% of the value of the property you want to purchase. Additionally, a healthy credit score is a must, as well as a steady income that allows you to make mortgage repayments. 

You can apply for a mortgage by speaking to a mortgage adviser. They have the skills to find the right mortgage for you and prepare you for the lengthy mortgage application process. Besides that, you will need to find a solicitor to handle the legal work involved with buying a property.

Luckily, Freedom Finance can make this complicated process much more manageable. If you want to take a mortgage via Freedom Finance, its team will scout for the best loan for you and essentially handle the entire procedure on your behalf. It will cooperate with your lender, solicitor, and every other party involved. 

Depending on your circumstances, you may be eligible for one of the available mortgage types:

  • Remortgaging — swapping your old mortgage with a new one
  • Moving home — moving your existing mortgage to a new property
  • First-time buyer — mortgages for future homeowners
  • Buy-to-let — a mortgage for buying a property you want to rent out

Freedom Finance works with over 90 lenders to help you find a mortgage you can pay off quickly. All lenders are regulated by the FCA, meaning you don’t need to worry about them being unreliable. 

Freedom Finance charges a 1% broker fee for mortgage advice. The maximum total fee is £995, and it’s payable on completion of your mortgage. If you have any more questions regarding this topic, it’s advisable to get in touch with the Freedom Finance team.

Freedom Finance Lenders

Freedom Finance works with dozens of trusted UK lenders to help you find an ideal financial product at the best rate possible. Here are some of the Freedom Finance UK lenders offering personal loans:

  • Novuna
  • ZOPA
  • LendingWorks
  • Koyo
  • Shawbrook Bank
  • Bamboo
  • BetterBorrow
  • My Community Finance


Similarly, if you apply for a homeowner loan, these are the lenders you may get it from:

  • West One
  • United Trust Bank
  • Step One Finance
  • Spring Finance
  • Precise Mortgages
  • CentralTrust
  • Selina


These are the Freedom Finance credit card providers:

  • Thimbl
  • Wave
  • Santander
  • 118 118 Money
  • Tymit
  • ZOPA


Last but not least, the following companies are car finance providers at Freedom Finance:

  • Autolend
  • Moneybarn
  • Evolution Loans
  • Zuto

How to Apply for a Loan?

The process of getting a loan at Freedom Finance is straightforward. The application process takes only a few minutes, after which Freedom Finance will analyse your credit score and present you with available loans. So, if you want a quick solution to your financial worries, here’s how to apply for a loan:

  1. Visit the Freedom Finance official website
  2. Find the Looking for a Loan form
  3. Enter the amount you want to borrow
  4. Select the loan repayment term
  5. Select the purpose of your loan
  6. Click on the Find Your Loan button


The Find Your Loan button will take you to the next page, where you’ll have to give more information about yourself and your current financial status. You will be asked to include the information you’ve provided in the first form. Once you’ve done that, here’s how to proceed:


  1. Provide your email address
  2. Fill out the form and provide details on your employment status, employer information, annual salary, etc. 
  3. Add personal information, such as your legal name, date of birth, marital status, etc. 
  4. Provide your home address
  5. Create a new password for your Freedom Finance account


Applying for a loan may seem intricate, but Freedom Finance offers a neat and clean user interface, allowing you to go through the process as fast as possible. What’s more, Freedom Finance doesn’t charge any account setup fees, so you can back out anytime or wait for a better loan opportunity for as long as you like. 


Freedom Finance is a trading style of Freedom Finance Limited, a company regulated by the Financial Conduct Authority. Since the FCA is a well-respected regulatory body in the UK founded to maintain the safety and stability of the UK’s financial markets, you can rest assured Freedom Finance is a trustworthy company

Freedom Finance lenders are some of the most prominent industry players. Prior to taking out a loan, credit card, or mortgage, Freedom Finance will calculate your APR. This way, you’ll know exactly how much you’d owe before borrowing.

Freedom Finance Alternatives

Do you want to borrow money online but don’t know which credit broker is the fairest? Don’t worry because here’s a comparison between Freedom Finance and its competitors. 

While Freedom Finance is one of the most reputable credit brokers in the UK, it certainly isn’t for everyone. So, let’s take the other three best industry players, and compare their offers side by side. 

Freedom Finance Fast Loan UK Masthaven Together
Loan type Homeowner loan Fast loan Homeowner loan Homeowner loan
APR Up to 249.5% 766.18% APR 3.40% APR 6.9% APR
Loan term 1–30 years  Up to 8 months 10–30 years Up to 30 years
Borrow £5,000–£2,000,000 Up to £2,000 £30,000–£500,000 £3,000–£1,000,000

As presented, Freedom Finance is not the most budget-friendly service provider, but it certainly is the fastest. So if you want a free evaluation of your credit score and a fast fund transfer, Freedom Finance is undoubtedly your best choice.

Customer Support

You can talk to the Freedom Finance customer support team via live chat, email, and phone. However, don’t expect a quick response. The live chat feature often isn’t available, meaning you’ll need to send an email or give the company a call for any questions or inquiries. 

I tried getting in touch with the customer team via live chat several times, but all I got was an automated response saying the customer team was offline. I’ve had no luck even during their working hours.

User Reviews

Freedom Finance credit broker has an impressive 4.9 out of 5 stars rating on Trustpilot. More importantly, over 5,700 users left a review, indicating that Freedom Finance is a legitimate provider offering excellent products and services. 

Freedom Finance reviews on Trustpilot show that most clients appreciate how quick and easy it is to get a loan here. Furthermore, many reported they had gotten approved for a loan within a day and that their APR was surprisingly low.

Freedom Finance User Reviews | CyberCrew

Still, some Freedom Finance clients weren’t that happy with the service. They complained about getting their loan later than expected. 

Wrap Up

Freedom Finance is one of the most trusted credit brokers in the UK. It offers loans with a somewhat reasonable APR, so if you need to finance a home renovation project or pay off your medical expenses, this company is worth looking into. 

Hopefully, this Freedom Finance review has helped you discover the benefits of taking a loan from Freedom Finance lenders. After all, this credit broker offers a fast solution to your financial worries, and a well-known regulatory body controls the entire scheme. So, if you decide to give them a try, you won’t have to question their legitimacy or worry about getting scammed.


Does Freedom Finance affect credit score?

Freedom Finance products, such as loans or mortgages, and eligibility checks won’t affect your credit score. In other words, you can take a loan or check whether you’re financially ready to get one without worrying about how these insights might affect your credit score.

Who owns Freedom Finance?

Freedom Finance is under the wing of Freedom Finance Group. Its CEO is Brian Brodie, and the company headquarters are in Manchester, UK.

How does Freedom Finance work?

Freedom Finance is an online credit broker that could give you a loan based on your credit score. So, one of the first things you need to do is go to the Freedom Finance website and submit relevant information to check your loan eligibility. Then, the Freedom Finance lenders will give you an offer if you get approved, which you can take or decline, depending on your wishes and needs. 

Suppose you take a loan. In that case, Freedom Finance will send the funds your way in the shortest time frame possible. After that, you must submit monthly repayments until you pay off your debt. If, however, you disapprove of their offer, the eligibility check won’t affect your credit score.