InCharge Debt Solutions

• Accreditations and Certifications
• Free Consultation
• Low Fees
• Financial Tools and Resources

Accreditations and Certifications

InCharge carries several important certifications, namely with the NFCC, which implies they adhere to best industry practices. InCharge is AICCCA and NFCC accredited. In addition, each credit counselor it employs is certified.

Free Consultation

The free consultation InCharge Debt Solutions offers is standard for the industry and allows potential clients to learn more about debt solutions offered, cost, and customer service. Understanding these things helps a potential customer determine if InCharge Debt Solutions will be a good fit for their needs. 

Some clients like the personal service and have no problem recommending the company to others who may be looking for help. They appreciate the time and effort that their counselor spends working with them to help them understand how to improve their financial circumstances.

Low Fees

Debt consolidation is a government-regulated industry. If you choose to work with a certified company, you will find that most companies charge similar prices, while prices vary by state. InCharge has a low monthly fee for the industry--charging an extremely low average monthly fee of $30 and an average upfront fee that ranges between $50 to $75.

Of course, the company will charge customers differently according to which program they choose. A debt management program at InCharge Debt Solutions involves consolidation of your debts and negotiation of lower interest rates without taking out a new loan. A debt management plan can waive credit card fees and lower your credit card monthly payment. 

Credit counseling at InCharge Debt Solutions is absolutely free. However, it is more reminiscent of the free consultation offered by every company. Credit counseling at other debt management companies is usually a long, drawn-out process where customers are counseled, educated, and helped with budgeting and the use of other debt management tools. 

Every debt management program at InCharge Debt Solutions can help with unsecured debt (credit card debt, medical debt, student loan debt, etc.). One of the few services the company does not provide is a debt settlement program. InCharge  However, the company offers all of the following debt relief services:

• Credit Counseling
• Debt Management Programs
• Debt Consolidation Programs
• Personalized Debt Relief Solutions
• Bankruptcy Counseling
• Student Loan Counseling
• Housing Counseling
• Financial Literacy Education

InCharge Debt Solutions offers its clients comprehensive services for dealing with their debt problems. Those seeking debt settlement or a personal loan will need to consider another company.

Financial Tools and Resources

Clients working with InCharge Debt Solutions have access to different tools and resources to help them improve their financial situation and personal financial literacy. Some of the resources available to clients include financial calculators, videos, guides, eBooks, and estimators. Another resource available to consumers is the InCharge blog, which provides expert tips and insights on different financial obstacles.

• Broad Range of Interest Rates
• Undisclosed Cancellation Policy

Broad Range of Interest Rates

Like many companies in the debt consolidation industry, InCharge does not disclose the exact interest rates offered through its debt management plans. This makes it difficult to determine if this company's service is more or less expensive than the competition without going through the entire process of getting a quote. In debt consolidation, interest rates are extremely important to potential customers.

InCharge Debt Solutions claims that it can lower your interest rates down to anywhere from 5 to 35 percent; this is a very broad range that doesn't really help customers at all. Other companies advertise an interest rate after reduction of 6 to 9 percent, a much more helpful number, but a less impressive range. 

Customers will want to go to a company that offers the lowest fees and can get the best interest rates. Interest rates will have an impact on how much customers will save and how fast they will be able to pay off their debt. However, interest rates are negotiated for each customer, so there is variability. The months it takes to pay off debt also varies depending on the customer's financial situation--the amount of debt and size of monthly payments. 

We would also like to see some sort of ISO certification as an indication that the company's financial records are compliant and fraud-free.

Undisclosed Cancellation Policy

Despite its better qualities (such as its financial literacy training and variety of debt relief options), InCharge Debt Solutions does not publish its cancellation policy and process on its website. It is important to be clear with current and potential customers of what is to be expected if they choose to cancel. 

Most debt management companies publish their cancellation policies and sometimes offer money-back guarantees. InCharge does not offer this information at this time.

While it would be nice to see this information online, it is something that potential clients can ask about during the free consultation.