ACCELERATION LOAN

The fast way to finish your debt resolution program

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

TrustScore 4.8 / 5

$3 Billion

in acceleration loans to members

1.5 months

average time to finish debt resolution¹

ELIGIBLE MEMBERS INVITED ONLY

Put debt resolution on fast-forward

Speed up debt resolution

End your resolution 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 resolution program

STEP 1

Get invited and apply

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

Not in a debt resolution 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 resolution program is complete, and you can start making fixed monthly repayments for your loan.

Not in a debt resolution program?

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 resolution program is an important consideration in determining eligibility to apply.

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

With an acceleration loan, the proceeds are provided to fund your debt resolution program and accelerate the negotiation and settlement process. After that, your debt resolution 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

Resolve Debt

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

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

Resolve Debt

What is debt resolution and how can it help you?

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

Resolve Debt

How does debt resolution 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