Professional Help To Get Out Of Debt

Years ago when we managed a volunteer financial coaching ministry at our church, one of our most valuable resources for managing debt was Consumer Credit Counseling (also known as Money Management International in some areas — CCC/MMI). We invited representatives from their organization to teach our volunteers, and we would regularly refer families we were coaching to them for help. They are a nationwide company, have agreements with thousands of creditors and can negotiate payment terms for you when you're overextended and can't make your payments. They'll usually be able to drastically lower your monthly payments. But you need to know that they aren't for everyone, you've got to have income and you've got be willing to set up a budget to repay what you owe. They negotiate with most credit card companies to eliminate interest, penalties and other fees. They become your financial agent, managing your monthly payment to each creditor.

They've been in business for over 60 years and are one of the most trusted names in the credit counseling business. They charge a minimal fee — averaging about $20 per month. The fee depends on your financial situation. They provide counseling, training and accountability. But more importantly, creditors know that CCC / MMI has a stellar track record of helping people pay off their debts, so your stress level will drop incredibly if you are working with them.

Their web site has loads of information on the financial decisions you may be struggling with.

Visit their web site MoneyManagement.org or call them for more information 866.889.9347.