Mike Hall - Founder & Chairman of the Board of Directors

Michael Hall is the founder and chairman of the board of directors of Take Charge America. Hall established the non-profit organization in 1987, and under his leadership, it has grown into one of the country’s largest and most-established credit counseling and debt management companies. Hall previously served as the chief executive officer for more than 20 years before retiring in 2008. In his current role, Hall serves as an industry expert and is a contributor to legislative decisions regarding the credit counseling industry, as well as provides leadership at the TCAI University of Arizona program.

Hall’s national expertise in the credit counseling industry spans more than 40 years, having organized and developed several successful business enterprises. Utilizing his expertise in the financial field, Hall created Take Charge America to assist individuals who were struggling financially. He envisioned a company that could provide remedial solutions while also developing proactive educational programs in financial literacy to help consumers avoid financial problems and become financially independent.

Hall’s entrepreneurial spirit led him to design and develop programs which have met the financial needs of households nationwide for over 20 years. Today, Take Charge America provides credit counseling, debt management services and educational programs in personal finance to nearly 100,000 households annually. In addition, the company helps financially distressed debtors re-pay more than $400 million of unsecured personal debt each year, returning these at-risk dollars to fuel the national economy.

As an industry leader and innovator, Hall is dedicated to uniting the credit counseling industry in its efforts to embrace ethical standards and practices with emphasis on consumer needs and protection. He has a thorough understanding of the issues impacting credit counseling organizations and is sensitive to the importance of guiding policies that are fair and sensible for all consumers and credit counseling agencies. As a result of Hall’s efforts, Take Charge America is the only organization of its kind to receive the Better Business Bureau Ethics Award in recognition of its business ethics and integrity in the marketplace.

Hall is a founding member of the Take Charge America Institute for Consumer Financial Education and Research established at the University of Arizona. The Institute’s national reputation is growing through its development of research-based financial literacy programs. The Institute provides annual teacher training and develops free classroom curricula that enable trained teachers to deliver financial literacy education to hundreds of thousands of students across the United States each year.