Best Debt Management Companies in February 2022 – Forbes Advisor

Money Management International (MMI) was founded in 1997, but its roots stretch 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 stars out of 5 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 its customers are debt-free in less than four years, on average.

This NFCC-accredited nonprofit is somewhat transparent about fees, although it takes some searching to find them on their website. According to MMI, the average application fee is $33, with a maximum of $75. The 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 a credit score bump averaging 60 points within the first two years.

MMI’s website has educational materials and resources on debt management and offers free online debt advice. There is also a live chat feature.


If you are interested in Money Management International’s debt management plan, you can get started by filling out an online form, calling, or visiting an office.

Money Management International services are available in all US states and territories with offices 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 September 30, 2021, all face-to-face consultations are still suspended due to Covid-19. Counseling is available online and by phone.)

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