An InCharge Client Testimonial - Debt Consolidation Program

Richard: Terrehaute, IN

Another victim lured in by the free t-shirts and other novelties offered by credit card companies on college campuses is Richard from Indiana. Ten years, four credit cards and about $14,000 in debt later, Richard decided it was time to call InCharge, and find a way to manage and consolidate his credit card debt.

Before Richard enrolled in the program, he consistently made the minimum payments on his credit cards. But when he got his first professional job, Richard decided that he was now going to begin paying off his credit card. However, even then, Richard felt he was unable to control the situation, "I had gotten behind on one (credit card) and (the credit card company) hit me with $25 late and overdrawn fees every month. At one point they wanted $600 as a minimum (payment)!" Despite his hesitation to enroll in a debt management program, Richard called InCharge to decide if this was the path he needed to take, "I didn't say 'yes' right away. I wanted to crunch the numbers and make sure it worked for me."

After being on the program, Richard learned a very important lesson, "It was the first time I was able to be on a budget. It was good to finally have everything set."