What is Credit Counseling?
Credit counselors help distressed borrowers find solutions to their financial challenges. At Take Charge America, education is a major component of credit counseling. We help consumers understand how to develop effective financial habits, budget to meet living expenses and manage debt.
The knowledge gained during the credit counseling process can help consumers find ways to repay their debt and create a secure financial future. When appropriate, credit counselors will work with creditors to reduce interest rates and eliminate late and/or over-limit fees. The terms and guidelines are established by the creditor.
As a non-profit organization, Take Charge America provides confidential credit counseling at no charge.