Best Debt Management Companies Of August 2021 – Forbes Advisor
Money Management International (MMI) was founded in 1997, but its roots go back to 1958, giving it the longest history of any organization on our list. It gets an A + from the Better Business Bureau and 4.9 out of 5 stars from Trustpilot. Its debt management program helps with all types of unsecured debt. The programs are designed to complete repayment in five years or less, but MMI says that, on average, its clients are out of debt in less than four years.
This NFCC-accredited nonprofit is somewhat transparent about fees, although it does require some research to find them on its website. MMI says its average registration fee is $ 33, with a maximum of $ 75. Her average monthly fee is $ 24, with a maximum of $ 50. Fees vary by state. The average MMI customer sees their interest rate reduced to 7%. Customers see their credit score increase by 60 points on average over the first two years.
Debt management educational materials and resources are available on MMI’s website, and it provides free online debt advice. There is also a live chat feature.
If you are interested in Money Management International Debt Management Plan, you can get started by filling out an online form, calling or visiting a location.
Money Management International services are available in all states and territories of the United States, with branches in 25 states: Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Illinois, Louisiana, Maryland, Massachusetts, Mississippi, Missouri, Nevada, New Jersey, New Mexico, New York, North Carolina, Oklahoma, Oregon, Pennsylvania, Texas and Virginia. (As of July 15, 2021, all branches remain temporarily closed due to Covid-19.)