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Freedom Finance offers cash draw


Loan broker platform Freedom Finance has launched a new cash draw offering six people the chance to win £2,000.

The #DoWhatYouLove competition will run for 12 months from 1st June 2017 and is open to anyone who submits the relevant form on Freedom’s website.

Entrants must tell the broker what they would do with the prize should they win.

“Whether you’re a desktop traveller dreaming of your next trip; a homeowner planning a conservatory to brighten up your Sunday morning breakfasts; or even if you just want to sort out your existing debt to give yourself more breathing space each month, we want to hear your story,” said Brian Brodie, chief executive of Freedom Finance.

“This year we’ve helped one man live his dream of buying a motorbike, a family complete a home renovation and so many people book their sunshine holidays that our customer service team [is] getting itchy feet!”

Freedom Finance helped people access personal loans totalling more than £217m between March 2016 and February 2017.

The most common reason for a finance application was debt consolidation, with 41% of customers looking to reduce their monthly outgoings.

Home improvements and buying a new car or motorbike followed as the next most popular reasons, accounting for 18% and 16% of applications respectively.

Holiday loans accounted for 5% of applications in the last year, peaking around June and July as people sought to escape to the sun.

Brian added: “A no-strings £2,000 can help set you on your way to that dream road trip, fairy-tale wedding or the ultimate man-cave – whatever it is, get in touch and let us know how we can help you to do what you love!”

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