Consumer Credit Counseling Service

What Consumer Credit Counseling Service does

CCCS of Central Oklahoma is a 501(c)(3) nonprofit credit counseling agency founded in 1967 and headquartered in Bethany, Oklahoma, with a secondary office in Enid. It is the oldest and largest nonprofit credit counseling agency in the state, delivering free credit counseling, HUD-certified housing counseling, pre-filing and pre-discharge bankruptcy certificates, and Debt Management Plans (DMPs) to consumers across central and western Oklahoma. Services are delivered through in-person sessions, telephone, online counseling, and structured group workshops (e.g., Fiscally Fit Bootcamp), with NFCC-certified counselors on staff.

The agency's core product is the DMP — a 100% pay-back program that consolidates unsecured debt into a single monthly payment with creditor-negotiated interest rate reductions and waiver of late and over-limit fees; average client payoff is 3.5–4.5 years, with all plans structured to complete within five years. Adjacent product lines include HUD/Fannie Mae/Freddie Mac-approved housing counseling, federally required bankruptcy certificates, financial education programs (Fiscally Fit Bootcamp, Fiscally Fit Workshop, Better Fortunes online, Credit When Credit is Due self-study), and specialized services for military families (Hands on Banking for Military with Wells Fargo) and student loan borrowers. The technology stack is non-proprietary: client-facing tools (MyMoneyCheckup, NFCC financial calculators) are sourced from NFCC, and the organization has no patents, public APIs, or AI/ML capabilities disclosed.

CCCS monetizes only a small fraction of service delivery directly. Core counseling is free; billable items are limited to a sliding-scale DMP administration fee (up to $35/month), a $40 one-time setup fee, and $10–$25 for credit report retrieval. The majority of operating funding flows from participating creditor contributions (banks, retailers, credit unions), United Way partner-agency allocations, and grants tied to program completion. Customer segments span distressed consumers (primary), military personnel and veterans, breadwinner mothers, and prospective or current homeowners. The organization is governed by an independent Board of Directors, has no parent company, no subsidiaries, and is not venture- or PE-backed.

Name

Consumer Credit Counseling Service

Legal name

Consumer Credit Counseling Service of Central Oklahoma

Website

https://cccsok.org

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

11–50 employees

Short description

CCCS of Central Oklahoma is a nonprofit credit counseling agency founded in 1967 that delivers free financial counseling, Debt Management Plans, HUD-certified housing counseling, and bankruptcy certificates to consumers across central and western Oklahoma.

Ownership category

akta.pro rank

Product category

Credit Counseling Services

NAICS

Credit Bureaus (561450)

SIC

Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

Consumer Credit Counseling & Budgeting (FSAEAFAA)

akta.pro secondary industries

Debt Management Plans (DMP) Administration (FSAEAFAB), Credit Counseling & Debt Management Plans (DMP) (FSAKAJAH)

Keywords

• Credit counseling services
• Debt management plans
• Financial education
• Housing counseling
• Bankruptcy counseling

Headquarters

HQ city

Oklahoma City

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Creditor Contributions: The majority of CCCS funding comes from creditors (banks, retailers, credit unions) who support the organization and work with clients on Debt Management Programs.
2. United Way Funding: Partial funding from United Way as a partner agency.
3. Debt Management Plan Fees: Sliding fee of up to $35/month for DMP administration, $40 one-time setup fee, and $10-$25 for credit report retrieval.
4. Grant Funding: Completion of financial programs helps CCCS qualify for grant money to continue offering free counseling services.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Consumer Credit Counseling Service of Central Oklahoma is a nonprofit credit counseling agency that provides free and low-cost financial counseling services, including Debt Management Plans (DMP) that consolidate credit card debt into a single monthly payment with reduced interest rates and waived fees. The organization also delivers HUD-certified housing counseling, bankruptcy pre-filing counseling and pre-discharge debtor education certificates, plus financial education programs such as Fiscally Fit Bootcamp, Better Fortunes online modules, and Credit When Credit is Due self-study.

Product overview

Consumer Credit Counseling Service of Central Oklahoma operates as a non-profit credit counseling agency offering a comprehensive suite of financial counseling and education services. The core offerings include Debt Management Plans (DMP) for debt consolidation, HUD-certified housing counseling, bankruptcy counseling certificates, and counseling delivered through multiple channels (in-person, online, and telephone). The organization provides financial education through structured programs including Fiscally Fit Bootcamp, Fiscally Fit Workshop, Better Fortunes (online), and Credit When Credit is Due (self-study). Supplementary self-service tools include MyMoneyCheckup and NFCC Financial Calculators. Specialized services address military families and student loan management. The organization is a United Way partner agency and NFCC member, with counselors required to achieve NFCC certification.

Differentiator

Problem solved

Functional benefit

Products and services

• Debt Management Plan (DMP) A 100% pay-back plan that consolidates credit card debt into a single monthly payment. Creditors agree to lower interest rates, stop late fees, and waive over-limit charges. Most participants repay all unsecured debt within 3.5 to 4.5 years, with all plans designed to be paid off in 5 years or less.
• Housing Counseling HUD-certified housing counseling including pre-purchase counseling, delinquent mortgage counseling, reverse mortgage guidance, and homebuyer education classes. Approved by HUD, Fannie Mae, and Freddie Mac for FHA, VA, and conventional mortgages.
• Bankruptcy Services Pre-Filing Credit Counseling and Pre-Discharge Debtor Education Certificates provided in accordance with Federal Bankruptcy Regulations.
• In-Person Counseling One-on-one financial counseling sessions conducted at office locations in Bethany and Enid, OK, where certified counselors analyze income, expenses, and financial situations to provide personalized recommendations.
• Online Counseling Remote financial counseling services delivered via the internet, allowing clients to access credit counseling assistance from anywhere.
• Telephone Counseling Financial counseling services delivered over the phone for clients who prefer audio-based assistance or lack internet access. Available at 405-789-2227 or 800-364-2227.
• Fiscally Fit Bootcamp The organization's most popular financial education program, providing intensive training on budgeting, debt management, and financial literacy skills.
• Better Fortunes Online Education Online financial education program enabling consumers to learn money management skills through web-based modules.
• Military Financial Services Financial counseling services specifically designed for active military members, veterans, and their families, including Hands on Banking for Military program offered in partnership with Wells Fargo and NFCC.
• Student Loans Assistance Guidance and resources for managing student loan debt, including help understanding federal versus private loans, repayment options, and avoiding delinquency.

Quantifiable outcome

• Reduce interest rates and waive late/over-limit fees through creditor negotiations
• +4 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• National Foundation for Credit Counseling (NFCC)coreStrategic or Co-development PartnerCCCS is a member agency of the NFCC, the nation's largest nonprofit credit counseling organization with 600+ community-based offices. Through this partnership, CCCS offers NFCC-certified counselors, access to programs like Sharpen Your Financial Focus, and national resources for consumers.
• United WaycoreStrategic or Co-development PartnerCCCS is a United Way partner agency, receiving partial funding and referrals through the United Way network to serve Oklahoma communities.
• U.S. Department of Housing and Urban Development (HUD)coreStrategic or Co-development PartnerCCCS is HUD-approved to provide housing counseling services, including pre-purchase counseling, foreclosure prevention, and housing education for FHA, VA, and conventional mortgages.
• Fannie MaecoreStrategic or Co-development PartnerCCCS is approved by Fannie Mae for housing counseling services, allowing them to assist homeowners with various mortgage types.
• Freddie MaccoreStrategic or Co-development PartnerCCCS is approved by Freddie Mac for housing counseling services.
• Experian / FreeCreditScore.comminorStrategic or Co-development PartnerThrough NFCC's Sharpen Your Financial Focus initiative, CCCS received access to thousands of guest memberships in Experian's FreeCreditScore.com, offering free credit reports, scores, and monitoring to clients.
• Wells Fargo - Hands on BankingminorStrategic or Co-development PartnerCCCS participates in the Hands on Banking program for military, offered by Wells Fargo and the NFCC, providing education and assistance for military families.
• Better Business BureauminorStrategic or Co-development PartnerCCCS is in good standing with the Better Business Bureau, demonstrating commitment to ethical practices and consumer trust.
• Council on Accreditation for Children and Family Services (COA)coreStrategic or Co-development PartnerCCCS maintains COA accreditation by meeting rigorous standards and maintaining high quality of service for counseling programs.
• Oklahoma Insurance DepartmentminorStrategic or Co-development PartnerCCCS collaborates with the Oklahoma Insurance Department to provide consumer information on topics including auto insurance, disaster recovery, and life insurance policy locator services.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Apprisen (Money Fit by DRS): HUD-approved nonprofit credit counseling agency offering DMPs and financial education, now operating as Money Fit by DRS; comparable in service breadth, accreditation stack, and community-based delivery model.
• Take Charge America: Nonprofit HUD-approved credit counseling agency providing DMPs, housing counseling, and bankruptcy certificates nationally; comparable in accreditation stack and nonprofit funding mix.
• InCharge Debt Solutions: Nonprofit credit counseling agency providing DMPs, bankruptcy counseling, and financial education; NFCC member with similar creditor-funded economics and HUD-approved housing counseling capabilities.
• GreenPath Financial Wellness: NFCC-affiliated nonprofit credit counseling agency delivering DMPs, housing counseling, and financial education across multiple states via in-person, phone, and online channels — competing head-to-head with CCCS in core service categories.
• Money Management International: Nonprofit credit counseling agency and one of the largest NFCC member agencies in the U.S., offering DMPs, housing counseling, and bankruptcy certificates through multiple channels — directly comparable in mission, funding model, and service mix to CCCS of Central Oklahoma.
• Clearpoint Credit Counseling Solutions: Nonprofit, HUD-approved credit counseling organization providing DMPs, housing counseling, bankruptcy certificates, and student loan counseling — directly overlapping CCCS's full service portfolio.
• Consolidated Credit Counseling: Nonprofit, NFCC-affiliated credit counseling organization offering DMPs, housing counseling, and financial education across the U.S. and Canada, with comparable grant, creditor-contribution, and DMP-fee funding structure.
• Cambridge Credit Counseling Corp. Nonprofit credit counseling agency offering DMPs, housing counseling, and bankruptcy certificates; similarly focused on serving consumers across multiple U.S. states with a mix of in-person and remote channels.

Others

• National Foundation for Credit Counseling (NFCC): Industry body and parent network for hundreds of nonprofit credit counseling agencies including CCCS; not a direct competitor but provides shared marketing, certification, and consumer-referral infrastructure (e.g., Sharpen Your Financial Focus, MyMoneyCheckup).

Regional players

• Money Fit by DRS / Novadebt: Nonprofit credit counseling services (formerly operating in select regions) providing DMPs and financial education; comparable service mix with regional operating focus similar to CCCS's central/western Oklahoma model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/CCCSOK
• LinkedInlinkedin.com/company/consumer-credit-counseling-service-of-central-oklahoma
• Pinterestpinterest.com/3csok

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

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 Consumer Credit Counseling Service