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Inception Freedom Plus, now Achieve Personal Loans, started a pilot program in 2008 that made unsecured loans to consumers struggling with their existing debt. The company lent $25 million to people who had average FICO scores of 576. Average loan balances were greater than $15,000, and annual default rates were less than 2%.
Both Achieve and Municipal Credit Union have personal loans up to $50,000. However, Achieve has a high minimum loan amount of $5,000 compared to MCU’s $1,000 minimum.
Achieve personal loans. Rating: 4.7 stars out of 5. 4.7. Learn more. Bankrates view. Achieve offers loans that can be used for a host of purposes, including debt consolidation, a smaller home ...
Prior to founding Achieve, Housser was an investor in a variety of services, manufacturing, and distribution companies at Littlejohn & Company, a private equity firm based in Greenwich, Connecticut. Prior to Littlejohn & Company, he worked for Smith Barney in New York City in the company's investment banking division.
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Prior to founding Achieve, Stroh was an investor in financial services and growth companies at TA Associates, a private equity fund, CIVC Partners, an investment fund, and Doll Capital Management, a venture capital firm.
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