Navicore
Navicore Solutions is a New Jersey-based 501(c)(3) nonprofit that delivers nationwide financial counseling services, including debt management plans, bankruptcy counseling, student loan guidance, housing counseling, and disaster recovery support, to individual consumers across the United States.
- Company typePrivate
- Founded1995
- HeadquartersManalapan, United States
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
What Navicore does
Navicore Solutions, Inc. is a 501(c)(3) nonprofit financial counseling organization headquartered at 200 US-9 in Manalapan Township, New Jersey, that delivers consumer credit and debt counseling services nationwide. Founded circa 1995, the company employs 501–1,000 staff and offers a portfolio that includes Debt Management Plans (DMPs), personalized credit and debt counseling, bankruptcy pre-filing counseling and education, student loan counseling, housing and foreclosure counseling, and disaster recovery counseling. Distribution is multi-channel: three toll-free phone lines (English, Spanish, TTY), an online intake portal at getstarted.navicoresolutions.org, a client web access portal at cwa.navicoresolutions.org, a content blog, the "Millennial Debt Domination" podcast, and active social media on Facebook, X, LinkedIn, and Pinterest.
The business model is primarily fee-for-service on a recurring basis. Debt Management Plan clients pay an initial fee of $50 plus ongoing fees of up to 15% of the debt being liquidated, with a potential $25 early-cancellation fee; per-service fees apply to bankruptcy counseling certificates, student loan counseling, and housing counseling. The company also pursues grant-funded programs through a Director of Grant Development and a Grant Coordinator. Navicore is licensed in multiple states (Connecticut, New Jersey, New York, Oregon, Virginia, Michigan, Mississippi, Vermont), is a HUD-approved housing counseling agency, and is EOUST-approved to issue bankruptcy counseling certificates. It holds NFCC membership, Council on Accreditation accreditation, FCAA membership, and a BBB A+ rating. Reported client outcomes include 85% of DMP clients improving from poor to fair or better credit and approximately 10% credit score gains after 48 months for consistent payers.
On the technology side, Navicore operates a generative AI-powered chatbot on its website for general informational inquiries, a self-service client intake application, and a client web access portal for account management and counselor communication. The company does not publicly disclose revenue or funding, consistent with its nonprofit status. It has no parent company, no subsidiaries, no disclosed acquisitions or funding rounds, and is governed by a Board of Directors and executive team. Its scale signals include 30 years of operation, nationwide service coverage in English and Spanish, and a partnership alignment with the U.S. Department of Education for counseling borrowers through the SAVE student loan repayment plan transition affecting over 7 million borrowers.
Navicore firmographics
Firmographics- Name
- Navicore
- Legal name
- Navicore Solutions, Inc.
- Website
- https://navicoresolutions.org
- Company type
- Private
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Navicore Solutions is a New Jersey-based 501(c)(3) nonprofit that delivers nationwide financial counseling services, including debt management plans, bankruptcy counseling, student loan guidance, housing counseling, and disaster recovery support, to individual consumers across the United States.
- Ownership category
- akta.pro rank
Navicore industry classification
Industry- Product category
- Financial Counseling Services
- NAICS
- Credit Intermediation and Related Activities (522), Educational Support Services (611710)
- SIC
- Services-Consumer Credit Reporting, Collection Agencies (7320)
- akta.pro primary industry
- Credit Counseling & Debt Management Plans (DMP) (FSAKAJAH)
- akta.pro secondary industries
- Debt Restructuring & Workout Advisory (Consumer & SME) (FSAEAFAH), Financial Literacy, Debt Counseling & Default Prevention (EDALAJAK), Student Loan Collections, Default Management & Recovery (FSAKAEAL)
Keywords
Where Navicore is headquartered
LocationHeadquarters
- HQ city
- Manalapan
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Navicore business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Debt Management Plan Services: As a nonprofit 501(c)(3) organization, Navicore generates revenue through fees charged for debt management program services. According to state disclosures, fees include an initial fee of $50 and ongoing fees up to 15% of the debt amount being liquidated.
- Bankruptcy Counseling Services: Certified bankruptcy counseling and education services, approved by the Executive Office for United States Trustees (EOUST) to provide credit counseling services and issue certificates in compliance with the bankruptcy code.
- Student Loan Counseling: Certified student loan counselors provide navigation of repayment options and forgiveness programs.
- Housing Counseling Services: Certified housing counseling including foreclosure prevention, first-time homebuyer counseling, and reverse mortgage counseling.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Debt Management Plan fees structured per state regulations |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Navicore product offering
Product offeringCore offering
Navicore Solutions is a 501(c)(3) nonprofit that delivers certified financial counseling services to consumers nationwide. Its core offering is the Debt Management Plan, which consolidates unsecured debts into a single monthly payment with negotiated interest reductions, supplemented by personalized credit counseling, bankruptcy pre-filing and pre-discharge education, student loan counseling, housing and foreclosure counseling, and disaster recovery counseling.
Product overview
Navicore Solutions offers a unified portfolio of nonprofit financial counseling services centered on Debt Management Plans combined with personalized credit counseling. The core offering includes Debt Management Plans (DMP) designed to help clients pay off unsecured debt in under five years, supplemented by Credit & Debt Counseling, Bankruptcy Counseling and Education, Student Loan Counseling, Housing & Foreclosure Counseling, and Disaster Recovery Services. Additional offerings include a Client Web Access Portal for self-service account management and Financial Education Resources through blog posts, podcasts, and educational guides covering budgeting, retirement planning, investing, and credit management.
Differentiator
Problem solved
Functional benefit
Products and services
- Debt Management Plan (DMP)
- Credit & Debt Counseling
- Bankruptcy Counseling and Education
- Student Loan Counseling
- Housing & Foreclosure Counseling
- Disaster Recovery Services
- Client Web Access Portal
Quantifiable outcome
- 85% of Debt Management Program clients improved from poor to fair or better credit
- +2 more outcomes
Companies that use Navicore
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles4 records
Navicore technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature1 record
Navicore partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- U.S. Department of EducationcoreNavicore Solutions assists borrowers in navigating federal student loan repayment options, including the SAVE income-driven repayment plan and forgiveness programs. They help borrowers understand the proposed settlement affecting over 7 million borrowers in the SAVE plan transition.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
Navicore competitors and assessment
Company assessmentDirect peers
- GreenPath Financial Wellness: Nonprofit HUD-approved credit counseling agency offering debt management plans, housing counseling, student loan counseling, and bankruptcy education — directly comparable services, mission, and target customer base to Navicore.
- Money Management International (MMI): One of the largest nonprofit credit counseling agencies in the US, providing DMPs, housing counseling, bankruptcy education, and student loan counseling with nationwide delivery — directly overlapping Navicore's service portfolio.
- Clearpoint Credit Counseling Solutions: Nonprofit credit counseling organization offering debt management, housing counseling, student loan, and bankruptcy services through phone and online channels — near-identical operating model to Navicore.
- InCharge Debt Solutions: Nonprofit credit counseling agency providing DMPs, housing counseling, bankruptcy education, and military-specific financial counseling — overlapping service mix and target consumers with Navicore.
- Take Charge America: Nonprofit credit counseling organization offering DMPs, student loan counseling, housing counseling, and bankruptcy education — directly comparable in services, scale, and consumer mission.
- Cambridge Credit Counseling: Nonprofit credit counseling agency providing debt management plans, credit counseling, and financial education to consumers nationwide — comparable service model and consumer segment.
- Consumer Credit Counseling Service (CCCS) of San Francisco / BALANCE: Nonprofit credit counseling and DMP provider with HUD-approved housing counseling — comparable services and target customers.
- Money Fit by DRS (Debt Reduction Services): Nonprofit credit counseling agency offering DMPs, housing counseling, and student loan counseling — direct service overlap with Navicore.
Others
- National Foundation for Credit Counseling (NFCC): National network and accreditation body of which Navicore is a member; not a direct competitor but the industry association whose standards and member directory drive much of Navicore's referral flow.
Broad incumbents
- Freedom Financial Network: Large for-profit provider of debt consolidation, debt settlement, and financial counseling products targeting the same distressed consumer segment as Navicore but operating under a fundamentally different, fee-aggressive commercial model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Navicore social profiles
Digital presenceNavicore compliance and trust
Trust signalCompliance13 records
Navicore financial estimates
Financial estimateRevenue estimate
Valuation estimate
Navicore leadership team
Management profileNumber of profiles
Profiles5 records
Navicore funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Navicore M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Navicore
What does Navicore do?
Navicore Solutions is a 501(c)(3) nonprofit that delivers certified financial counseling services to consumers nationwide. Its core offering is the Debt Management Plan, which consolidates unsecured debts into a single monthly payment with negotiated interest reductions, supplemented by personalized credit counseling, bankruptcy pre-filing and pre-discharge education, student loan counseling, housing and foreclosure counseling, and disaster recovery counseling.
Is Navicore a public or private company?
Navicore is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Navicore founded?
Navicore was founded in 1995. It employs 501 to 1,000 people.
Where is Navicore based?
Navicore is headquartered in Manalapan, United States, in the North America region.
How does Navicore make money?
Four revenue lines are on record. Debt Management Plan Services are the primary driver. The others are bankruptcy Counseling Services, student Loan Counseling and housing Counseling Services.
Who are Navicore's main competitors?
Direct peers on record are GreenPath Financial Wellness, Money Management International (MMI), Clearpoint Credit Counseling Solutions, InCharge Debt Solutions, Take Charge America, Cambridge Credit Counseling, Consumer Credit Counseling Service (CCCS) of San Francisco / BALANCE and Money Fit by DRS (Debt Reduction Services). National Foundation for Credit Counseling (NFCC) is listed as an others. Freedom Financial Network is listed as a broad incumbent.
Does Navicore have an API?
No public API is recorded for Navicore.
What industry is Navicore in?
Navicore's product category is Financial Counseling Services. Its primary akta.pro industry code is FSAKAJAH, Credit Counseling & Debt Management Plans (DMP), with a secondary code of FSAEAFAH, Debt Restructuring & Workout Advisory (Consumer & SME). Its NAICS code is 522 and its SIC code is 7320.