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
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.
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At Achieve, we’re always moving you forward