Money Management International (MMI) is a non-profit United States network that provides free consumer credit and education counseling. In about 25 percent of consultations, it helps consumers develop debt management or payment plans. It also organizes workshops, mediates between debtors and lenders, and provides other education and counseling services. MMI is funded primarily by creditors, companies and public institutions.
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History
Money Management International was founded in 1997 by six financial consulting organizations that are members of the Consumer Credit Consumer Network (CCCS) network and are recognized as the world's largest full-service, nonprofit credit counseling service in the United States. It has joined more than 20 CCCS institutions, such as CCCS San Diego in 2003 and CCCS of Fort Worth in 2005. MMI still retains the name of CCCS in several countries where it operates.
It acquired AmeriDebt's account as part of AmeriDebt's bankruptcy process in 2005. In 2006 it released microsite, regiftable.com, to promote regimens as a way to reduce spending.
It also hosts FinancialLiteracyMonth.com, which has a 30-day program for users to improve their finances during the National Financial Literacy Month in April.
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References
External links
- Official website
- regiftable.com
Source of the article : Wikipedia
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