Complaint / review / scam report
Freedom Financial Group, Freedomffg.com
Don't send money for a loan, bad credit loans are a scam, never secure a loan with money
I'm grateful to the complaint for having saved me from the Freedom Financial Group! I knew it was too good to be true! I told "my rep" that I was leary and worried and she assured me they were legitemate. She said the company has been in business for 10 years and the minimum loan they approve is 7k. She said I was pre-approved and had 3 options: a) a co-signer who makes more than 50k a year. b) collateral, such as a paid off car or house. c) loan insurance-a fee to insure I would pay-refunded after the first 3 payments were made on my loan on time. The deal was $7k at 8% interest with payments of $126 monthly, for 5 years! "My rep" said my "insurance" was $1000, I told her that if I had that kind of money, I wouldn't need a loan! She said she would talk to the "investors" and get a lower fee for me. That afternoon, I received the loan agreement as an email attachment! The fee was lowered to $895...I've been researching the company ever since...Thank you "complaint"!
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