Money Management International is the largest, full-service credit counseling agency in the United States and has been helping consumers dig their way to financial freedom since 1958. Since then the company has been on a mission to provide high quality counseling services and promote financial education to help clients stay on the right financial track.
- NFCC and FCAA certified
- 59 years in business
- Broad-spectrum of educational resources and tools
Great Customer Service
Money Management International is large company able to offer a variety of services. Their education and counseling services are extensive. Money Management International offers 24 hour access to a financial counselor, which is somewhat unique for the industry. In some ways, this availability makes them more approachable than many of their competitors. In addition, they offer in-person appointments at any of their satellite offices for those who prefer in-person contact.
During a consultation, a representative will determine if credit counseling is the best choice for consumers. Those under economic hardship will be directed to one of their certified finance counselors who will provide professional guidance and any counseling session they may need. During a counseling session a personal credit counselor will assess the current financial situation and help develop a realistic budget enabling consumers to achieve their financial goals.
The debt calculators and other tools on the site are easy to use and informative. The educational materials are exceptional with lesson plans designed to teach personal fiscal responsibility. These could be used by educators as well as in personal or family study to improve one’s financial IQ. There are also several articles on the website designed to help families live more frugally during their debt payment plan and beyond.
- Lacking transparency
- Potentially no refund policy
- No average interest rates
It is the norm for consumer credit counseling or debt settlement companies to avoid posting their fees and financial policies. While Money Management does publish it’s upfront fees of up to $50, they do not disclose their monthly fees. It would be great if Money Management International could provide this information initially. Although states have different regulations as far as pricing, a range would be helpful to show consumers what to expect when enrolling in a program. We would like to see the company do more to outline the risks involved with enrolling in a debt management program such as interest rate spikes and tacked on late fees should clients wish to opt-out of the program after enrollment.
We like to see companies maintain accreditations. Accreditations show that the company upholds a level of quality in their services. Money Management International is lacking FCAA and ISO accreditations. While this isn’t a deal breaker, it could be a tie breaker.
Prices are undisclosed at this time.
Up to $50 for up-front fees.
Yes. Credit counselors are available 24 hours per day, 7 days per week.
Time In Business
59 years. They opened their doors in 1958.
Money Management International has invested a lot of time and effort to provide good information and helpful calculators and tools available on their website. This information alone could take days to fully explore and to digest.
The tools are helpful for consumers to understand a variety of different topics, including: whether to sell or keep their car, what to expect for mortgages vs. rent and more. While many of these calculators are available on other sites, this one has them all in one place and at the click of a mouse.
The educational article and tools on this website are very good and may be worth bookmarking.
Money Back Guarantee / Cancellation Policy
Money Management International does not charge a cancellation fee and there is no contract. The fees (if any) are paid monthly for services rendered.
Unsecured vs. Secured Loans
They work with unsecured debts.
Yes, their site is mobile friendly.
No specific email address was found on the website, however, contact forms are present to send secure emails representatives.
14141 Southwest Freeway, Suite 1000
Sugar Land, TX 77478-3494
Credit Counselors are available 24 hours per day and 7 days per week.
Types of Services Available
Money Management International offers a variety of services, such as a Debt Management Plan (DMP) which allows consumers to lower their interest rates, lower payments and shorten the time that it will take to pay off their debt. They also offer counseling for student loans, home and car purchases and bankruptcy counseling services. Money Management International is a repository of information to help improve your financial IQ and knowledge.
Minimum Debt Accepted
Money Management International (MMI) has an online dashboard available for those customers entered into a debt management plan. The dashboard includes all their balance and statement information and is available 24/7.
No they are not CPFC certified.
Money Management International is not ISO certified.
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