Money Management International

"Money Management was SO easy to work with. They helped us to consolidate our debt, negotiated lower interest rates and our payment saved us money monthly. We needed 4.5 years to pay off our debt and throughout the time they were always available and sent us monthly communications. HIGHLY HIGHLY recommend!!!!"

"Thankful for MM taking care of my financial needs. Easy to work with them"

"I had vetted a few debt management companies before deciding to use Money Management International. Overall, the experience was excellent. Keep in mind that MMI is a non-profit organization. Charley Bruner was my Certified Consumer Credit Counselor and I can honestly say if it wasn't for her expertise, patience, and professionalism, I am not sure that I would have ever gotten through the process, which can be very tedious and time-consuming. Having all the creditor information handy before starting the process with MMI may reduce the time involved. I was naive to think that debt management is an "easy thing to do," but honestly it is NOT. This isn't the fault of MMI, just the way it is. But the results of that effort were worth it to me, especially when I was in a temporary period of lower income than usual. The consumer will still have to have contact (at times) with creditors, particularly those who refuse to participate in the plan (which are many, don't be fooled). As a courtesy, MMI will include some of those creditors in the repayment plan as a courtesy which in the long run means less work for the consumer. I was tearing my hair out with one of my creditors because their customer reps were horrifying. In that situation, an employee at MMI offered to intervene, and it made a huge difference. MMI's fee to the consumer for their services is very reasonable and the website platform is excellent for tracking progress, payments, making changes, etc. For my situation, it was worth the time and effort to have MMI deal with debt management, and I can honestly confirm that my financial future is much better now as a result! Be sure to review every single note from MMI along the way so you don't miss something. For example, one creditor asked for a NEW contract because they wanted $1 more a month in payments. Each time something like that happens, the customer has to approve and sign a document. Be prepared for creditors to pull the same doo-doo with MMI that they pulled with you directly. And be prepared to deal with creditors who won't accept debt management plans. It can be very time-consuming to call each one and ask for a hardship repayment plan, lower interest, freeze payments for several months; or whatever is entailed. However, if you take the time to do that (and don't take "no" for an answer), you will be rewarded. For example, one creditor who doesn't participate in debt management plans required me to call them EACH month asking for another extension. If you miss a call like that, they go back to the regular terms of your debt owed. Most of the staff at MMI were great on the phone and online chat. Like anything else, there is nothing perfect. Everyone's situation is different. Some will spend more time than I did and others will spend less time. It all depends on the creditors involved. It is worth exploring as an option to get out of debt. I was easily paying 30% interest on most of my credit lines, so having many of those get substantially lowered by doing debt management added up for me. And every creditor does not have to be in the plan. Before debt management, I paid off a few smaller cards and stopped using them. That helped my credit report to have a zero balance on those cards and keep them in good standing for future use. Creditors in the plan will terminate your credit, but it is noted on credit reports as "customer requested" and they also note the account is in a debt management plan. It is a much better situation than defaulting on numerous accounts, believe you me. A few months after I paid off my plan and watched my credit score increase, I was able to finance a used EV at a fairly decent interest rate. At 62 years old, this is the first time I ever qualified for such a loan; very happy about that (as is my elderly mother)."