Freedom Finance has added personal loans from Reevo Money to its finance panel, allowing for these loans to be access through all of Freedom Finance’s partners and via its direct to consumer marketplace.
For those eligible for a personal loan, they will be able to borrow between £1,000 and £7,000 over a period of 12 to 36 months.
Freedom Finance currently operates the widest panel of lenders of any loan platform partner in the market, working with brands including Creation Marketplace, Asda Money and RAC. Customers at these companies will now be able to benefit from more choice when they look for loans.
The proprietary matching technology that powers Freedom Finance’s platform completes thousand of credit searches each week and eliminates risk to credit scores by undertaking a soft credit check to search multiple lenders.
The platform’s decision-making capabilities simplifies the process for customers by only showing them credit offers that they have a good chance of qualifying for, providing lenders with stronger applicants.
Chief revenue officer at Freedom Finance, Michael Davidson, said: “We pride ourselves on being able to offer the right loan to the right applicant and adding Reevo’s product helps our marketplace serve even more borrowers.
“We offer the widest range of loans of any marketplace, and by adding the Reevo loan to the Freedom Finance marketplace we have further extended the options available.”
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