With a history dating back to 1958, Money Management International (MMI) has been helping consumers overcome financial hardships for half a century. MMI currently has over 125 branch offices located in twenty-two states with six call centers making it the largest full-service credit counseling company in the nation. This non-profit organization offers credit counseling as [...]
It used to be that debt was a hush-hush subject that no one liked to talk about aloud. However, in light of the recent economic instability and the surge of consumers losing their jobs, homes, and life savings, it’s no longer a taboo subject. Debt is discussed and is a much sought-after subject and affects [...]
Debt consolidation is the process by which you get a loan to cover the costs of all your debt, essentially paying off your debt all at one time. Like all things, there are advantages and disadvantages to using debt consolidation as a means to be debt free. Let’s discuss both the benefits and the not-so-beneficial [...]
Debt can be so overwhelming, it leads many people to run away from it instead of dealing with it head on. Letting debt go and get out of control only means you are putting yourself at even more financial risk and a bigger nightmare to tackle down the road since debt does not go away. [...]
Debt consolidation is the general term used for the process of combining all of your debts into one single payment per month, typically at a lower interest rate than you had been previously paying. . Instead of having to contend with making payments to creditors on an individual basis, consolidating your debts allows for faster [...]
With debt concerns more prominent than ever in society, many people are finding themselves faced with having to deal with more debt then they may have thought possible. When debts are mounting, the absolute worse thing you can do is ignore the situation. By avoiding your financial responsibilities, you are only adding to your own [...]
Who hasn’t heard the term ”bailout” over and over again in the last few weeks? It seems that due to the chaos in the economy, more and more companies are turning to the government for help and relief from debt. But as the nation’s economy continues to remain unstable, many families who are also struggling [...]
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