Step 3
Take Action to Eliminate Debt

Identify type of Student Loan

Step 3
Take Action to Eliminate Debt

Once your plan begins, we will notify each of your creditors that you are enrolled in our program and ask them to provide you with more favorable payment arrangements and terms. Creditors will typically change the terms of your original agreements. New terms may include:

  • Reduced interest rates and finance charges
  • Waived late and over-limit fees
  • “Re-aging” of your accounts to bring them current

You will submit one payment to Take Charge America each month, and we will disburse your payments to multiple creditors and service providers. We will also provide you with a monthly Account Activity Summary where you can review your progress.

You Can Do It - We Can Help

Financial relief is within reach! Get started with your initial credit counseling session and learn how debt management may help you reach your financial goals

For more information on a debt management plan, please visit our Debt Management FAQ's.

Get Help Now
Call 866-528-0588