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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%. Interest rates are 3.75% above prime consumer debt rates. [9] Name Change In September 2022, FreedomPlus changed its name to Achieve Personal Loans, part of Achieve Company. [10]
However, Achieve has a high minimum loan amount of $5,000 compared to MCU’s $1,000 minimum. Overall, Achieve could be the better choice if you are unable to open an account with Municipal Credit ...
Achieve. Happy Money. Bankrate Score. 4.7. 4.5. Better for. Fair credit borrowers. Credit card consolidation. Loan amounts. $5,000-$50,000. $5,000-$40,000. APRs. 8.99 ...
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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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LendingClub is a financial services company headquartered in San Francisco, California. [6] It was the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission (SEC), and to offer loan trading on a secondary market.
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