Freedom Finance (advice Please)

BANANABUS
BANANABUS Posts: 120 Forumite
Evening

I applied for a loan of £10000 with A+L (i bank with them) this got turned down.

I then received a call from a company called 'FREEDOM FINANCE" saying that they are brokers for A+L and were calling as i had been turned down by A+L for a loan.
They said they may be able to help.


has anyone delt with this company?:confused:
ARE THEY A NO GO!:eek:


cheers JIM

Comments

  • fatbelly
    fatbelly Posts: 22,535 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    https://www.freedomfinance.co.uk says 'most customers pay APR 11.1%'

    Doesn't sound great to me. Is this a secured loan?
  • i have a good credit history but my wife doesnt.

    Hsbc offerd me 14% with no repayments for 3 months as i am going to change mortgage lender in 4 months i though this might be an idea as i can pay off the loan then with only 1 months interest.
  • Freedom Finance is a Broker and supposedly matches you to a lender who will approve your loan. They offer secured and un secured loans and the APR is higher than High Street Lenders. They deal with companies like CitiFinancial and Black Horse Finance. They are a legit company and they can get you your loan BUT beware of the APR. Double-check what they are offering you!
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