InCharge: Best Debt Consolidation Company for financial education

InCharge is so much more than your standard debt consolidation company, and what truly stands out is the effort it puts in to ensure that individuals who get out of debt don't end up back in it again. InCharge offers a credit counseling service as well as a variety of training programs aimed at helping consumers handle their debt more responsibly.

The debt consolidation proposal is also a little out of the ordinary. By signing up for the debt consolidation program, you agree to make a single monthly payment to InCharge, which will be distributed to your creditors, but you will not be taking out a new loan. Instead, the counselors try to negotiate reduced interest rates with credit card firms. The goal is to get individuals out of debt in three to five years, and because there are no credit score limitations (because you aren't taking out a loan), it is a viable choice for anyone.

Despite the fact that InCharge is a non-profit organization, there is a one-time setup fee and a monthly fee, which should be balanced against the possible interest savings. InCharge is the choice to choose if the numbers add up and you want a supportive and instructive road to better managing your debt.

Application: Online or over the phone

Minimum credit score: No minimum requirements

Loan amount: Not specified

Loan term: 3 - 5 years