Achieve Launches Digital Personal Finance Tool

Personal finance firm Achieve has launched a brand new product suite this month that’s designed to get folks on a greater monetary path, shifting them from a place of economic battle to at least one that’s financially thriving, in response to a press release Thursday (Sept. 22).

Achieve is combining revolutionary know-how with a relationship-driven strategy, per the discharge. The firm stated its options assist a client’s total monetary journey, together with private loans, debt decision, house fairness loans and monetary instruments and schooling.

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Co-founded by co-CEOs Andrew Housser and Brad Stroh, Achieve is a subsidiary of the Freedom Financial Network, which additionally they based. The Network has served greater than 1 million shoppers since 2002, in response to the discharge.

“When we founded our company, it was based on the realization that the vast majority of financial services companies were not focused on helping consumers better manage their debts or who were dealing with financial setbacks,” stated Housser. “It was clear to us then {that a} new strategy was wanted.

“The traditional financial system and most consumer fintechs still cater to the wealthiest people with pristine credit histories. We understand that life isn’t always a best-case scenario, which is why we built Achieve to be the leader in digital personal finance for everyday people.”

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Achieve stated it has a people-first strategy that makes use of knowledge and synthetic intelligence to personalize options and provides every member a “clear path” to observe alongside their monetary journey.

“For 20 years, we’ve been a financial services leader with heart that has helped consumers take charge of their financial lives,” said Stroh. “As we become Achieve, we’ll continue our empathetic approach to understanding and supporting our members and their unique situations, personalized solutions and their path to a better financial future.”

New PYMNTS Study: How Consumers Use Digital Banks

A PYMNTS survey of two,124 US shoppers exhibits that whereas two-thirds of shoppers have used FinTechs for some side of banking companies, simply 9.3% name them their main financial institution.