The debt management program at In Charge Debt Solutions will reduce your monthly payments and interest rates and provide bill consolidation – all without a loan.
In Charge credit counselors work with your creditors and get you a single, predictable monthly payment that you can afford.
With In Charge’s debt management plan, you can schedule the exact day of the month that your single debit pays all of your debts.
This means no more confusion over what needs to be paid when: your debts are all paid with one payment.
You should speak with an RBC Credit Specialist before making a final decision on a loan to ensure it meets your overall financial needs.The average interest rates on credit cards in 2017 was 16.06%. The average credit card interest rate is around 15% APR.The interest rate on debt consolidation loans depends on your credit score, but if your score was above 640, you could get a loan for as low as 7%. That’s .00 per year for every 0 you carry in debt. Here’s a scenario to help you better understand traditional debt consolidation.Most consolidation loans require repayment within 5 years.If you think you will need more than 5 years to pay off the loan, we can help explore other borrowing options that may be available to you, and help put together a plan to manage your debt.