October 20, 2014 9:15 PM ET

Consumer Finance

Company Overview of Freedom Financial Group, Inc.

Company Overview

Freedom Financial Group, Inc., a specialized consumer finance company, engages in purchasing, servicing, and collecting motor vehicle retail installment contracts originated by independent used automobile dealerships. The company focuses on acquiring consumer installment contracts collateralized by motor vehicles ranging in age from one to eight years old at the date of acquisition. It also acquires a range of other consumer installment contracts, including small ticket leases, loans secured by home appliances and other consumer goods, and loans for bulk food purchases. The company primarily serves the sub-prime automobile financing market. Freedom Financial Group, Inc. operates primarily in...

3058 East Elm Street

Springfield, MO 65802

United States

Founded in 2001

21 Employees

Phone:

417-886-6600

Key Executives for Freedom Financial Group, Inc.

Interim Chief Executive Officer and Chief Financial Officer
President
Age: 75
Compensation as of Fiscal Year 2014.

Freedom Financial Group, Inc. Key Developments

Freedom Financial Group, Inc. Announces Executive Changes

The Board of Directors of Freedom Finance Group have appointed Per-Arne Blomquist as Chairman as of 23 July 2014. Alongside this, Leif Eliasson will leave his position as Chief Executive Officer. Throughout his career, Per-Arne Blomquist has amassed experience from various senior management positions at some of the large companies in the Nordics. Previous appointments include Chief Financial Officer and Executive Vice President of TeliaSonera Aktiebolag (publ) from September 2008 to September 2013, during which time he also served as acting Chief Executive Officer from February 2013 to September 2013. Prior to this he served as Chief Group Controller from 2001 to 2006 and from 2006 to May 2008 as the Chief Financial Officer and Executive Vice President at Skandinaviska Enskilda Banken AB.

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