Adding 5-10 monthly credit card bills can overwhelm your bill-pay. Going on vacation or having a hectic few days can result in several late payments and hundreds of dollars in fees.
Consolidated credit companies are another name for credit counseling agencies.
Check out their Better Business Bureau (BBB) profile. In Charge is proud to maintain an A rating from the BBB and accreditation from the Council on Accreditation.With credit consolidation, you take out a new loan and use it to pay off smaller loans.Because you now only have one loan, you have one monthly payment. If your credit score is not high, you may not qualify for a consolidation loan.Especially when taking on a new loan requires hefty fees, rolled into your total balance, or a long repayment period.The In Charge Debt Consolidation Alternative, or debt management plan, is a program that gives you all of the benefits of debt consolidation without having to take out a new loan.