How to use an Achieve Debt Consolidation Loan to get out of debt faster

The first thing you have to do when consolidating your debt with Achieve is to make sure that you get a better interest rate than you are currently paying on your debts. If you aren’t going to get a better interest rate, don’t consolidate. It’s as easy as that. Even if you love the idea of having a single payment, don’t do it! The rule of thumb I like is that you should get and APR of 2-3 percentage points lower than your current interest rate to make consolidating worthwhile. Achieve currently offers rates between 8.99% and 35.99%.