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#Freedom plus complaints free

However, AFCA will decide each case on its merits and may take a different approach to compensation if the consumer has experienced additional losses. In circumstances where the customer’s main loss is the cost of premiums, this may require the refund of premiums, plus any applicable bank charges and any interest the money may otherwise have earned. Consumers can contact AFCA for assistance with submitting a complaint.ĪFCA will review whether the conduct of Freedom Insurance has caused a loss to the complainant.

#Freedom plus complaints free

Our services are free to consumers, and consumers do not need to be represented to lodge or pursue a complaint at AFCA. If a consumer is dissatisfied with the outcome of the Freedom Remediation Program they may make a complaint to AFCA.ĪFCA is an independent dispute resolution service. The communication will identify and outline what compensation may be considered appropriate in your matter. Ranked 25, INC MAGAZINE Minimum Debt 7,500 3 Billion Plus Debt Resolved Visit Site Click & Read More Reviews Understanding FreedomPlus Loans FreedomPlus, advertised at, offers a range of loans through Cross River Bank, a New Jersey State Chartered Commercial Bank. The remediation program requires Genus Life Insurance Services to contact impacted customers.

Not cancelling life insurance policies promptly when requested by the customerįurther details about the program can be found here.

Selling products with limited value to the customer.

Engaging in pressure selling techniques 4.5/5 Minimum Credit Score 620 Loan Amounts 5,000 - 50,000 APR Range 7.99 - 35.99 Term Length 24 - 60 months Bottom Line Achieve uses unique strategies to lower the cost of your loan even if.

Failure to properly disclose the life insurance policy's key features and limitations at the point of sale.

The Freedom Remediation Program was established to identify and compensate customers of Freedom Insurance who may have been disadvantaged by the following past conduct:

These life insurance policies were underwritten by Swiss Re, AIA and Noble Oak who were the life insurers of these products. Freedom Insurance typically sold these life insurance policies over the telephone. About Freedom Insuranceįreedom Insurance was a business that sold life, trauma, accidental death, injury, funeral and loan protection insurance. Accordingly, past and current Freedom Insurance policyholders will be approached in relation to the remediation program by Genus Life Insurance Services, the appointed Administrator of the Freedom Remediation Program rather than Freedom Insurance. 2114 E Rio Salado Blvd 85281 Tempe United States. Complete our simple online form and speak to one of our loan consultants to see if you could qualify for a low-rate loan of 7,000 - 35,000. Freedom Insurance went into liquidation in February 2020 and the remediation program is being undertaken by the underwriters of the life insurance policies. FreedomPlus specializes in unsecured consumer loans, particularly debt consolidation loans.