Debt Relief is available through our affiliate Achieve Debt Relief (NMLS ID # 1248929). The program guarantee means that if your total program cost and fees are more than the amount of debt you enroll, you can get a refund of the difference, up to 100% of collected fees. Limitations apply. All estimates for Achieve Debt Relief’s services are based on prior results, which will vary depending on your specific enrolled creditors and your individual program terms. Not all Achieve Debt Relief clients are able to complete their program for various reasons, including their ability to save sufficient funds. Achieve Debt Relief does not guarantee that your debts will be resolved for a specific amount or percentage or within a specific period of time. Achieve Debt Relief does not assume your debts, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Achieve Debt Relief’s services are not available in all states, including New Jersey, and their fees may vary from state to state. Please contact a tax professional to discuss potential tax consequences of less than full balance debt relief. Read and understand all program materials prior to enrollment. The use of Achieve Debt Relief services will likely adversely affect your creditworthiness, may result in you being subject to collections or being sued by creditors or collectors and may increase the outstanding balances of your enrolled accounts due to the accrual of fees and interest. However, negotiated settlements Achieve Debt Relief obtained on your behalf resolve the entire account, including all accrued fees and interest. C.P.D. Reg. No. T.S.12-03825.
Statistics reflect the results of the members we and our affiliates have served since 2002 (as of Jan 2024).
These estimates are not actual amounts or periods and are based on information you have provided, information from your credit report and/or information from third parties. Estimates are not for general use and are an approximation and not a guarantee. These estimates are based on assumptions derived from prior experience and publicly available information on interest rates, charges and minimum payment requirements for consumer debt, including the average APR on credit card accounts as reported in the Federal Reserve Board of Governor's statistical release on Consumer Credit for the previous quarter and 29.99% for delinquent credit cards. These rates are blended with any other fixed term repayment and high interest loans you may have. Your actual rates, charges, fees and minimum payment requirements may be higher or lower. Actual estimates could also vary based on receipt of military benefits (SCRA and/or MLA).
These estimates assume that there are no additional charges, rebates, refunds, payments or reductions of your debt other than the monthly payment of the estimated current and future total minimum monthly payment. This payment strategy is based on publicly available information about your enrolled accounts and applies the minimum monthly payments as a declining amount month over month as the principal balance is paid down. As you continue to make your minimum monthly payments your monthly savings amount compared to your estimated monthly program amount will decrease.
Estimated current total minimum monthly payment is the total payment due to your creditors each month.
Time to pay down your debts is the total estimated number of months it would take for you to pay your debts in full if you pay the estimated minimum monthly payment due to your creditors each month.
Total estimated amount you will pay in principal, interest and fees over time if you pay only the estimated minimum monthly payment due to your creditors each month.
Information provided in this graph is for informational purposes only and the Achieve option does not constitute an offer for debt relief or any other product. The “Achieve” curve and corresponding program terms (estimated monthly deposit, cost, and length) are based on the median offer of debt relief offers during the preceding 90-day period for the amount of credit card debt you have entered. Any actual terms will vary and this product is not available in all states.
The “Current” curve assumes the payment of the estimated minimum monthly payment. Your total minimum monthly payment, which is the total payment due to your creditors each month for your total credit card debt, is estimated based on the credit card balance you have provided, the assumed finance charge discussed above, and a principal pay down percentage based on publicly available information. This payment strategy is based on publicly available information about your enrolled accounts and applies the minimum monthly payments as a declining amount month over month as the principal balance is paid down.
The “If you wait” curve and corresponding estimates are based on the same assumptions as the “Current” curve, but include an additional projected amount of credit card debt you may incur over the next three months. This projection of increased credit card indebtedness is based on the median amount of increased debt incurred as observed in actual consumer data for the amount of credit card debt you entered above over a three month period. Your actual debt amount could increase or decrease over time.
Personal loans are available through our affiliate Achieve Personal Loans (NMLS ID #227977), originated by Cross River Bank, a New Jersey State Chartered Commercial Bank or Pathward®, N.A., Equal Housing Lenders and may not be available in all states. All loan and rate terms are subject to eligibility restrictions, application review, credit score, loan amount, loan term, lender approval, credit usage and history. Loans are not available to residents of all states. Minimum loan amounts vary due to state specific legal restrictions. Loan amounts generally range from $5,000 to $50,000, vary by state and are offered based on meeting underwriting conditions and loan purpose. APRs range from 8.99 to 35.99% and include applicable origination fees that vary from 1.99% to 9.99%. The origination fee is deducted from the loan proceeds. Repayment periods range from 24 to 60 months. Example loan: four-year $20,000 loan with an origination fee of 6.99%, a rate of 15.49% and corresponding APR of 19.54%, would have an estimated monthly payment of $561.60 and a total cost of $26,956.80. To qualify for a 8.99% APR loan, a borrower will need excellent credit, a loan amount less than $12,000.00, and a term of 24 months. Adding a co-borrower with sufficient income; using at least eighty-five percent (85%) of the loan proceeds to pay off qualifying existing debt directly; or showing proof of sufficient retirement savings, could help you also qualify for lower rates. Funding time periods are estimates and can vary for each loan request. Same day decisions assume a completed application with all required supporting documentation submitted early enough on a day that our offices are open. Achieve Personal Loans hours are Monday-Friday 6am-8pm MST, and Saturday-Sunday 7am-4pm MST. Statistics reflect the results of the members we have served as of Jun 2024.
Home Equity loans are available through our affiliate Achieve Loans (NMLS ID #1810501), Equal Housing Lender. All loan and rate terms are subject to eligibility restrictions, application review, credit score, loan amount, loan term, lender approval, and credit usage and history. Home loans are a line of credit. Loans are not available to residents of all states and available loan terms/fees may vary by state where offered. Line amounts are between 15,000 and $150,000 and are assigned based on debt to income and loan to value. Example: average HELOC is $57,150 with an APR of 12.75% and estimated monthly payment of $951 for a 15-year loan. Minimum 640 credit score applies to debt consolidation requests, minimum 670 applies to cash out requests. Other conditions apply. Fixed rate APRs range from 9.75% - 15.00% and are assigned based on credit worthiness, combined loan to value, lien position and automatic payment enrollment (autopay enrollment is not a condition of loan approval). 10 and 15 year terms available. Both terms have a 5 year draw period. Payments are fully amortized during each period and determined on the outstanding principal balance each month. Closing fees range from $750 to $6,685, depending on line amount and state law requirements and generally include origination (2.5% of line amount minus fees) and underwriting ($725) fees if allowed by law. Property must be owner-occupied and combined loan to value may not exceed 80%, including the new loan request. Property insurance is required as a condition of the loan and flood insurance may be required if the subject property is located in a flood zone. You must pledge your home as collateral and could lose your home if you fail to repay. Contact Achieve Loans for further details.
Affiliated Business Arrangement Disclosure: Achieve.com (NMLS #138464), is a wholly owned subsidiary of Achieve Company. Achieve Company also owns 99% of Achieve Loans. Because of this relationship, your referral to Achieve Loans may provide Achieve.com a financial or other benefit. Where permitted by applicable state law, Achieve Loans charges: 1) an origination fee of 2.50%, and 2) an underwriting fee of $725. You are NOT required to use Achieve Loans for a home equity line of credit. Please click here for the full Affiliated Business Arrangement disclosure form.
