You don’t need a loan to eliminate credit card debt.
A debt management program consolidates all your credit card bills into one, lower monthly payment at a lower interest rate. The traditional method of consolidating debt is to take out one large loan from a bank or credit union and use that money to pay off several smaller debts.
In Charge credit counselors work with your creditors and get you a single, predictable monthly payment that you can afford.
You choose the day of the month that works best for you based on your personal budget and payroll schedule.
” When she looked into a traditional debt consolidation program, Anne faced a number of problems.
Then Anne discovered In Charge’s debt consolidation alternative.
With In Charge’s debt consolidation alternative, Anne was able to consolidate all of her payments into one convenient monthly payment, without taking out a new loan.
Online Lender: With bad credit, you pay .58 more per monthly payment and ,974.69 more over the life of the loan (20.1% more). Anne starting using credit in college to pay for books and expenses.
She graduated with a small balance on two cards: 00.