When will I receive benefits from my creditors?
Because your creditors may extend special benefits like lower interest rates and
waived late fees when you enroll in a Debt Management Plan, it is important that
you be consistent and on time with your payments through InCharge. Most creditors
start granting benefits upon acceptance of your proposals. However, some creditors
may wait until you make your first three consecutive payments on-time before offering
full benefits. That’s why it is so important to carefully review your monthly creditor
statements. Once benefits are granted, they will be reflected on your statement.
You should also check each month to make sure that you are receiving credit for all payments made through InCharge.