Achieve is a digital personal finance company headquartered in Tempe, Arizona. Achieve provides consumer financial solutions including debt consolidation, debt resolution, personal loans, home equity loans, financial apps, tools and education.[1]
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| Company type | LLC |
|---|---|
| Industry | Financial services |
| Founded | Tempe, Arizona, United States (2002) |
| Headquarters | 2114 E Achieve Way, Tempe, AZ 85281 |
Area served | United States |
Key people | Andrew Housser, Co-CEO; Bradford Stroh, Co-CEO; Linda Luman, EVP Human Resources |
| Products |
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Number of employees | 2800 (2024) |
| Website | www |
Achieve combines innovative technology with a relationship-driven approach to support a consumer’s entire financial journey and help them manage debt, increase their cash flow, and improve their finances.[2]
Co-founded by co-CEOs Andrew Housser and Brad Stroh, Achieve is a subsidiary of Freedom Financial Network, which they also founded. The company has served more than 1 million consumers since 2002.[1]
Achieve’s two decades of data and analytics, expertise in credit profiling, and conservative risk management provide an unrivaled ability to navigate complex and ever-changing credit and economic cycles. Achieve takes an empathetic and customized approach to helping people on their financial journeys by profiling what has and hasn’t worked before for its members, and then offering the right mix of financial products, education and engagement. The company’s 2,800 dedicated employees work across the country with hubs in California, Arizona and Texas.[2]
Achieve has been rated a best employer in 2022,[3][4] 2023,[5][6] and 2024[7] and has provided $400,000 in grants to non-profits[4] including Habitat for Humanity Central Arizona where Linda Luman (EVP, Human Resources - Achieve) was added as a board member.[8]
Achieve’s Care Fund is a company-wide resource for employees to contribute money or PTO for fellow workers in need. In 2023, the company’s employees donated more than $150,000 to the fund.[6]
History
editInception 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%. 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]
Leadership
edit- Andrew Housser, Co-CEO and Co-Founder
- Bradford Stroh, Co-CEO and Co-Founder
- Linda Luman, Executive Vice President of Human Resources[8][11]
See also
editReferences
edit- ^ a b "Achieve Launches New Digital Personal Finance Brand". PYMNTS.com. September 22, 2022.
- ^ a b "Freedom Financial Network rebrands itself as Achieve". AZ Big Media. September 23, 2022.
- ^ Blye, Andy (December 8, 2022). "Best Places to Work 2022: Culture evolves at Achieve as the company grows". Phoenix Business Journal.
- ^ a b "Best Employers in Arizona - Achieve Diversity & Community". Best Companies Arizona. September 21, 2022.
- ^ Thorburn, Erin (July 25, 2023). "Most Admired Companies of 2023: Achieve". AZ Big Media.
- ^ a b Edelen, Amy (December 13, 2023). "Best Places to Work 2023: Achieve invests in its employees". Phoenix Business Journal.
- ^ "The Bay Area's best places to work". San Francisco Business Journal. June 14, 2024.
- ^ a b Parsons, Dusty (January 12, 2024). "Habitat Welcomes Two New Board Members". Habitat for Humanity Central Arizona.
- ^ Brustein, Joshua (December 11, 2013). "Banks Aren't Lending Enough. Can Startups Do Better?". Businessweek.
- ^ Ostrowski, Stephen (November 29, 2022). "New Identity, Same Mission: What This Fintech Wants To 'Achieve' With Its Recent Rebrand". Built In, Inc.
- ^ Thorburn, Erin (July 25, 2023). "Most Influential Women: Linda Luman, Achieve". AZ Big Media.