Consolidated Credit

What Consolidated Credit does

Consolidated Credit is a nonprofit credit counseling organization founded in 1996 and headquartered in Fort Lauderdale, Florida, serving consumers across the United States, Puerto Rico, and the Virgin Islands. Its core offering is the Debt Management Program (DMP), in which certified counselors negotiate interest rate reductions to 0-10% with creditors and consolidate client payments into a single monthly obligation, enabling payoff in as little as 36 months. Adjacent services include free initial credit counseling, HUD-approved housing counseling covering pre-purchase advising, foreclosure prevention, and reverse mortgage counseling for seniors, and military financial literacy programs delivered through partnerships with Army OneSource and the U.S. Department of Veterans Affairs.

The company's technology stack centers on a digital counseling platform anchored by the KOFE financial wellness sub-brand, interactive debt and mortgage calculators, budgeting worksheets, a virtual counselor intake tool, and an extensive library of on-demand videos and webinars. Distribution is primarily direct-to-consumer via phone-based counseling, the website, and self-serve online tools, supplemented by referral partnerships with United Way of Broward County, NFCC, Junior Achievement, SCORE Broward, and Debt.com. Revenue is generated through recurring monthly DMP fees averaging approximately $49, freemium conversion from free initial counseling and educational content, and managed-service contracts sold through the KOFE platform to employers, financial institutions, government agencies, and nonprofit organizations.

Name

Consolidated Credit

Legal name

Consolidated Credit

Website

https://consolidatedcredit.org

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Consolidated Credit is a Fort Lauderdale-based nonprofit credit counseling organization that helps U.S. consumers manage and eliminate credit card debt through Debt Management Programs, credit counseling, and HUD-approved housing services, with KOFE-based B2B financial wellness programs for employers and government agencies.

Ownership category

akta.pro rank

Product category

Consumer Credit Counseling

NAICS

Activities Related to Credit Intermediation (5223)

SIC

Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

Credit Counseling & Debt Management Plans (DMP) (FSAKAJAH)

akta.pro secondary industries

Debt Management Plans (DMP) & Consolidation Programs (FSAKAIAJ), Debt Consolidation & Credit Card Balance Transfer Intermediation (FSAEAEAN)

Keywords

• Nonprofit credit counseling
• Debt management programs
• Financial education resources
• Credit counseling services
• Housing counseling

Headquarters

HQ city

Florida

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Technology or R&D, Operations, Infrastructure

Revenue model

1. Debt Management Program Fees: Monthly fees charged to clients enrolled in the debt management program. The organization negotiates lower interest rates with creditors on behalf of clients and manages the consolidated payment distribution.
2. Free Initial Services: Initial credit counseling, financial education resources, calculators, worksheets, webinars, and expert Q&A are provided free of charge to attract and educate prospective clients.
3. Corporate Financial Wellness (KOFE): Fee-based financial wellness programs sold to businesses, financial institutions, government agencies and nonprofit organizations to provide employee/member financial education.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Consolidated Credit is a nonprofit credit counseling organization that helps consumers manage and eliminate unsecured debt through professionally administered Debt Management Programs (DMPs), where certified counselors negotiate reduced interest rates with creditors. The organization complements DMPs with free credit counseling sessions, HUD-approved housing counseling, financial education resources, and the KOFE financial wellness platform sold to employers and government agencies.

Product overview

Consolidated Credit operates as a nonprofit credit counseling organization offering a suite of interconnected financial services centered on debt management and financial education. The core offering is the Debt Management Program (DMP), through which certified counselors negotiate reduced interest rates with creditors, complemented by free credit counseling sessions. The company provides supplementary tools including the KOFE financial wellness platform for corporate clients, a comprehensive suite of debt and mortgage calculators, educational webinars and videos, and bilingual Ask the Experts Q&A services. The 2026 Money Confidence Roadmap serves as an annual educational framework tying together monthly guidance. Services are delivered through multiple channels including the website, virtual counselor tool, phone-based counseling, and in-person workshops at their Fort Lauderdale headquarters.

Differentiator

Problem solved

Functional benefit

Brands

• KOFE: A financial wellness platform that helps businesses, financial institutions, government agencies and nonprofit organizations support their employees and members to build financial literacy through self-learning, classroom education and one-on-one financial coaching with certified credit counselors.
• 2026 Money Confidence Roadmap

Products and services

• Debt Management Program (DMP) A professionally-assisted debt consolidation program where certified credit counselors negotiate with creditors to reduce interest rates to 0-10% on average, allowing clients to pay off unsecured debt in 36-60 months through a single consolidated monthly payment.
• Credit Counseling Free and low-cost sessions with certified credit counselors who review debts, budgets, and credit profiles to help consumers explore debt relief options and avoid bankruptcy.
• HUD-Approved Housing Counseling HUD-certified housing counseling services including pre-purchase advising, foreclosure prevention, reverse mortgage counseling for seniors, and an online first-time homebuyer course for down payment and closing cost assistance qualification.
• KOFE Financial Wellness Platform A financial wellness platform for businesses, financial institutions, government agencies, and nonprofits that provides employees and members with financial literacy through self-learning, classroom education, and one-on-one coaching with certified credit counselors.
• Military Money Management Financial literacy and counseling services for military service members and veterans, provided through partnerships with Army OneSource and the U.S. Department of Veterans Affairs to help navigate deployment, transition, and civilian life financial challenges.
• Debt Calculators Suite Collection of free online calculators including Debt Management Savings Estimator, Minimum Payment Calculator, Credit Card Payoff Calculator, Debt-to-Income Ratio Calculator, Mortgage Prequalification Calculator, Mortgage Payment Calculator, Loan Calculator, Auto Loan Calculator, Credit Score Loan Cost Calculator, Bi-Weekly Payment Calculator, and Simple Savings Calculator.
• Webinars and Seminars Free monthly webinars in English and Spanish covering identity theft, entrepreneurship and business credit, Buy Now/Pay Later, homeownership, holiday spending, and financial personality, plus in-person First-Time Homebuyer Workshops.
• Debt Consolidation Debt consolidation services combining multiple debts into a single payment through options including balance transfers, personal consolidation loans, and debt management programs.

Quantifiable outcome

• Reduce total credit card payments by up to 50%
• +4 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• United Way of Broward CountycoreStrategic or Co-development PartnerConsolidated Credit has a formal partnership with United Way of Broward County, collaborating on community financial education initiatives and supporting local families in achieving financial stability.
• National Foundation for Credit Counseling (NFCC)coreStrategic or Co-development PartnerMember of NFCC, the leading national organization for certified credit counselors. Partnership ensures adherence to industry standards and best practices in credit counseling.
• Junior Achievement of South FloridacoreStrategic or Co-development PartnerRenewed partnership with Junior Achievement of South Florida to deliver hands-on financial education programs to students, including immersive storefront experiences at JA World where students learn budgeting and career skills. Organizations participate in JA's 'Bring on Tomorrow' summit.
• Debt.comminorStrategic or Co-development PartnerCollaborative partnership with Debt.com to expand financial education reach, providing families with free educational resources including the 2026 Money Confidence Roadmap.
• University of MiamiminorStrategic or Co-development PartnerAcademic partnership supporting financial literacy initiatives and educational programs for students and the community.
• SCORE BrowardminorStrategic or Co-development PartnerPartnership with SCORE Broward to provide workshops helping small business owners transition from personal to business credit.
• City National BankminorGTM or Marketing PartnerSponsor of the Barry Rothman Financial Education Scholarship awarded to Broward County high school seniors, in partnership with United Way of Broward County and local foundations.
• Army OneSourcecoreStrategic or Co-development PartnerPartnership with Army OneSource to provide military service members and their families with financial literacy resources to navigate unique financial challenges from deployment to transition to civilian life.
• U.S. Department of Veterans AffairscoreStrategic or Co-development PartnerGovernment partnership to help military veterans achieve financial stability through improved financial literacy and access to credit counseling services.
• Hope Now AllianceminorStrategic or Co-development PartnerMembership in HUD-industry coalition focused on foreclosure prevention and helping struggling homeowners find solutions to avoid foreclosure.

Scale indicators4 records

Recent moves3 records

Expansion highlights6 records

Direct peers

• Money Management International (MMI): One of the largest nonprofit credit counseling agencies in the US, offering DMPs, housing counseling, and financial education. Directly comparable in mission, product mix, fee structure, and target customer base of distressed consumer borrowers.
• GreenPath Financial Wellness: HUD-approved nonprofit credit counseling organization providing DMPs, housing counseling, student loan counseling, and financial wellness programs for employers. Closely comparable service portfolio and B2B wellness angle via the GreenPath @ Work program.
• InCharge Debt Solutions: Nonprofit credit counseling agency offering DMPs, housing counseling, bankruptcy pre-filing counseling, and financial education. Directly comparable mission, NFCC affiliation, and DMP-centric business model.
• American Consumer Credit Counseling (ACCC): Nonprofit credit counseling agency offering DMPs, housing counseling, and financial education, with NFCC and A+ BBB credentials. Directly comparable in services, target customer, and nonprofit positioning.
• Take Charge America: Nonprofit credit counseling organization headquartered in Arizona offering DMPs, housing counseling, bankruptcy services, and student loan counseling. Comparable services and target customers.
• Springboard Nonprofit Consumer Credit Management: Nonprofit credit counseling agency offering DMPs, housing counseling, and financial education across multiple US states. Directly comparable services, target customer, and nonprofit structure.
• Apprisen / Money Fit by Apprisen: HUD-approved nonprofit credit counseling agency offering DMPs, housing counseling, and financial education. Comparable mission, product mix, and target demographic.

Emerging players

• National Debt Relief: For-profit debt settlement company targeting the same financially stressed consumer segment with an alternative (and faster) relief model. Not a credit counselor, but a primary substitute that competes for the same top-of-funnel demand.
• MoneyLion: Digital personal finance platform offering credit builder loans, cash advances, and financial tracking to underbanked and subprime consumers. Adjacent/emerging player targeting the same distressed borrower with mobile-first, app-based alternatives to traditional credit counseling.

Broad incumbents

• Ramsey Solutions: Large consumer financial education brand offering paid courses (Financial Peace), budgeting tools, and debt-paydown frameworks. Adjacent competitor for top-of-funnel financial literacy demand; not a direct DMP provider but pulls consumers toward DIY payoff over professional counseling.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/consolidatedus
• Facebookfacebook.com/consolidatedcredit
• LinkedInlinkedin.com/company/consolidated-credit-counseling-s

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Consolidated Credit