Beyond Finance Company Research Report

Company Overview

• Name: Beyond Finance

• Mission: To help individuals and families struggling with debt find a pathway to financial freedom.

• Founded: No information is available.

• Founders: No information is available.

• Key People: No information is available.

• Headquarters: No information is available.

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: Beyond Finance is known for providing debt consolidation services and helping over 700,000 clients move towards a debt-free future. The company emphasizes transparency, customized financial solutions, and has accredited partnerships, including collaboration with Accredited Debt Relief.

Products

Debt Consolidation Services

• Description: Beyond Finance provides personalized debt consolidation options aimed at reducing monthly payments and achieving financial freedom in 24 to 48 months.

• Key Features:

• Offers consolidation loan options ranging from $1,000 to $100,000.

• Annual Percentage Rates between 4.9% to 35.99%.

• Origination fees from 1% to 6% of the amount financed.

• Loan terms from 4 to 84 months.

• Example: A loan with an amount of $23,760, a 4.95% origination fee, a 48-month repayment term, and an 18.00% interest rate with an APR of 20.89%.

• Fees are success-based and typically around 25% of the enrolled debt amount.

Mobile Application

• Description: A mobile app is available exclusively for clients enrolled in a Beyond Finance program.

• Key Features:

• Easy-to-use interface available on iOS and Android devices.

• 24/7 access to the debt management program.

• Allows clients to monitor their progress and engagement with the program effectively.

Recent Developments

• Awards and Recognitions:

• Beyond Finance won the Stevie Award for "Achievement in Finance" in 2024.

• Honored with a Silver Stevie from the 22nd Annual American Business Awards.

• New Initiatives:

• Beyond Finance advocates for mental health awareness by linking financial wellness to mental health improvement outcomes.

• Conducted a poll revealing that nearly half of U.S. adults are unaware of what a 401(k) is, aiming to improve financial literacy.

• Community Engagement:

• "Beyond Debt Now" initiative surprised clients like those from Los Angeles and Blue Springs, MO, helping them advance further toward a debt-free life.

• Publications and Media:

• Beyond Finance experts frequently discuss financial strategies and debt management topics in various media outlets.

• Participated in Financial Practice Week to enhance consumer knowledge about financial best practices.

Additional Information

• Beyond Finance's services may not be available in all states, and fees vary by state.

• Use of debt consolidation services may temporarily affect credit scores and clients may be subject to collection actions.

• They emphasize non-discrimination across various demographics in service provision.

This research report summarizes Beyond Finance's operations, product offerings, and recent activities without any additional commentary.