ACCELERATION LOAN

The fast way to finish your debt relief program

An invite-only acceleration loan that knows you’re more than a credit score.

TrustScore 4.8 / 5

$3.5 Billion+

in acceleration loans to members

1.5 months

average time to finish debt relief¹

ELIGIBLE MEMBERS INVITED ONLY

Put debt relief on fast-forward

Speed up debt relief

End your debt relief program within a few short weeks once approved.²

Consolidate enrolled debt

Simplify your debt with an affordable, fixed-rate consolidation loan.³

Move finances forward

Take control of your debt and meet your financial goals sooner.

HOW IT WORKS

3 steps to accelerate your debt relief program

STEP 1

Get invited and apply

To be eligible, you must be a current member in good standing with an approved debt relief program. A Loan Consultant will invite you to apply. They’ll answer your questions and help you through your application.

Not in a debt relief program?

STEP 2

Resolve enrolled debts

If you’re approved, your loan funds are used to resolve your outstanding enrolled debts and program fees.

STEP 3

Start repaying your loan

Once all your debt is settled, your debt relief program is complete, and you can start making fixed monthly repayments for your loan.

Not in a debt relief program?

STEP 1

Get invited and apply

Not in a debt relief program?

STEP 2

Resolve enrolled debts

If you’re approved, your loan funds are used to resolve your outstanding enrolled debts and program fees.

STEP 3

Start repaying your loan

Once all your debt is settled, your debt relief program is complete, and you can start making fixed monthly repayments for your loan.

Not in a debt relief program?

MEMBER STORIES

We had Wanda’s back

‌

“Achieve was easy to work with...it makes you feel so good that you have someone out there that can help.”

– Wanda A., Achieve member⁴

Total debt consolidated

$15,829

Debts consolidated

Time to debt-free

1 month

Member since

2020

ACCELERATION LOAN BASICS

How does an Achieve Acceleration Loan work?

‌

How do I qualify for an acceleration loan?

An acceleration loan is an invitation-only loan for eligible members who are currently enrolled in select debt relief programs. To be invited to apply for a loan, you must demonstrate an ability to make consistent deposits in your debt relief program account, in addition to other factors.

How do I apply for an acceleration loan?

Here’s how to apply for an acceleration loan:

Apply with a Loan Consultant

After a Loan Consultant contacts you to discuss your loan option, we will offer you a loan application and guide you through the process.

Get a decision in 1-3 business days

Once you complete the application and submit any required documents, we will review your application over the next 1-3 business days and determine if you qualify for a loan.

Review your loan offer

If you're approved, a Loan Consultant will contact you with your loan offer that has a rate and term customized to fit your financial situation.

Accept your offer

Congrats! All you have to do is accept the offer to start funding your loan.

Pay outstanding debt with loan

We’ll contact your debt relief provider and work with them to accelerate your debt relief program and consolidate your debt in 1.5 months on average after you sign the loan offer.

Why should I apply for an acceleration loan?

If approved for an acceleration loan, your Loan Consultant will help you understand how the loan works alongside your debt relief program, and help you evaluate whether a loan is right for your situation.

There are many benefits to an acceleration loan, but here are a few:

Benefits

Complete your debt relief program early

Consolidate your enrolled debt into one fixed-rate loan

Consistent monthly payment, no prepayment penalty

Stop creditor collection calls

Apply for a loan at no cost and with no obligation

Acceleration Loan FAQs

Is there a prepayment penalty for an acceleration loan?

There are no penalties for paying off your loan early. And since our acceleration loans have fixed rates, your rate will never increase during the life of the loan.

Can I qualify with bad credit?

Even if you have bad credit, you could be eligible for an acceleration loan. Credit score is not a major factor that we consider when deciding who is eligible for an acceleration loan. However, your commitment to your debt relief program is an important consideration in determining eligibility to apply.

How does an acceleration loan work when I am already enrolled in a debt relief program?

With an acceleration loan, the proceeds are provided to fund your debt relief program and accelerate the negotiation and settlement process. After that, your debt relief program is complete, and your payments for that program will end. Finally, you’ll begin making payments for your acceleration loan instead.

Acceleration Loan related articles

Debt Relief

What is an acceleration loan and how could it help you?

If you’re in a debt relief program, an acceleration loan could help you resolve your enrolled debts even faster.

Resolve Debt

What is debt relief and how can it help you?

Debt relief can be a lifeline, offering a simple path to a better financial future.

Debt Relief

How does debt relief work?

If you can’t afford to fully repay your debts, your creditors might agree to reduce the amount you owe. Find out how.

Debt Consolidation

What is debt consolidation?

Consolidating could lower the cost of your debt or make it easier to manage (or both).

Debt Consolidation

Personal loan for debt consolidation

Kondo your debt with a personal loan. Tidy up your finances and discard debts that don’t bring you joy.

At Achieve, we’re always moving you forward