Achieve Debt Optimizer

Debt Optimizer will be an online debt management tool that assesses your full debt picture, compares a wide range of debt solutions side by side, and recommends a structured SmartPlan, to help you reach your goals. It will show the math behind each scenario and explain why each could work. An early version is launching soon, and its capabilities will continue to grow over time.

A SmartPlan is a recommended set of steps for working through your debt as a whole, built around your top goal. Instead of focusing on a few accounts, Debt Optimizer will look at your full picture, then recommend which debts to combine, which to leave alone, and when to do each step. It will also show the cost, time and tradeoffs for each step. 

Debt Optimizer will compare multiple types of debt solutions side by side, including personal loans, home equity, credit counseling, and do-it-yourself payoff plans beyond what Achieve offers. This more comprehensive, objective evaluation enables it to create a more optimal set of recommendations to help you reach your goals.

Partners will be able to bring Debt Optimizer’s comparison capabilities and recommendations into their own business through a technical integration. This can help partners support customers who need more than the products offer, including people who weren’t approved for a loan.

Debt Optimizer will provide a recommendation based on your financial situation at the time you use it. Over time, it can continuously track your debt progress or update your recommendation as your financial circumstances change. 

Debt Optimizer will recommend solutions based on the goals you provide. You choose what matters most: the lowest monthly payment, the lowest total cost, or the fastest way out of debt. Debt Optimizer will then give a combination of steps for that goal, which can look different from person to person, and show the tradeoffs.

An estimate uses only what you tell Debt Optimizer, without any soft or hard credit pull. After an optional soft credit check, with your permission, Debt Optimizer will show offers based on your actual credit profile. Estimates aren’t approvals, and results depend on your situation.

Get clear answers to your debt questions and understand your options. Whether you’re wondering how to reduce $30,000 in debt as a homeowner, if debt consolidation is enough, what to do when you’re barely keeping up with payments, or how much minimum payments could cost you over time, Debt Optimizer will help you make sense of your options and find a plan that fits your situation.