Consumer Credit Counseling Service/ ClearPoint Credit Counseling Solutions

What Consumer Credit Counseling Service/ ClearPoint Credit Counseling Solutions does

Money Management International, Inc. (MMI) is a Texas-incorporated 501(c)(3) nonprofit and the nation's largest full-service credit counseling organization, operating from its headquarters at 12603 Southwest Freeway, Suite 450, Stafford, TX 77477. MMI delivers its services across all 50 U.S. states via a multichannel platform comprising a 24/7 website, toll-free call center, nationwide network of physical counseling offices, and a B2B partnership book spanning employers, credit unions, government agencies, housing lenders, military organizations, and high-profile enterprise clients such as the NFL. Service is available in English and Spanish, with interpretation available in over 100 additional languages. The company is governed by a Board of Directors and led by President & CEO Jim Triggs.

MMI's core products are the Debt Management Plan (DMP) and the Debt Resolution Plan (DRP). The DMP consolidates a client's unsecured debts into a single monthly payment to MMI, which disburses to creditors under negotiated reduced interest rates (average reduction from approximately 28% to 6.64%). The DRP, launched in 2024, is a nonprofit alternative to for-profit debt settlement in which MMI negotiates partial repayment settlements. Supporting the core are specialty services including HUD-approved housing counseling (homebuyer, reverse mortgage, foreclosure, eviction), EOUST-approved bankruptcy counseling and certificates, student loan counseling, and disaster recovery support through the Project Porchlight program. B2B customers access these capabilities via Organizational Financial Wellness Programs, the Personalized Learning Programs (PLP), and dedicated sub-brands such as Military Reconnect (active since 2012).

MMI generates revenue from three primary streams: (1) client fees on DMPs (capped at $75 setup and $69 monthly, with state-regulated variations), (2) voluntary creditor contributions of up to 15% of each DMP payment received, and (3) annual B2B financial wellness subscriptions starting at $5,000 per organization. Revenue is not publicly disclosed. MMI's competitive positioning rests on its nonprofit status, regulatory credentials (HUD, EOUST, COA, NFCC, FCAA, NMLS, multi-state licensing), national distribution, and a 60+ year operating history that has produced an outcome track record (91 NPS, 4.8-star ratings, average client savings of $48,850, average payoff time of 49 months vs. an estimated 351 months paying solo) that newer entrants cannot easily replicate.

Name

Consumer Credit Counseling Service/ ClearPoint Credit Counseling Solutions

Legal name

Money Management International, Inc.

Website

https://credability.org

Company type

Private

Founded year

1951

Operating status

Operating

Headcount range

251–500 employees

Short description

MMI is the largest U.S. nonprofit credit counseling organization, offering Debt Management and Debt Resolution Plans alongside housing, bankruptcy, and student loan counseling to consumers across all 50 states, with B2B financial wellness programs for employers, government agencies, and military organizations.

Ownership category

akta.pro rank

Product category

Credit Counseling Services

SIC

Finance Services (6199), Personal Credit Institutions (6141)

akta.pro primary industry

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

akta.pro secondary industries

Debt Management Plans (DMP) Administration (FSAEAFAB), Budgeting & Cash-Flow Management (FSAGADAA)

Keywords

• Credit counseling services
• Debt management plans
• Financial wellness programs
• Housing counseling
• Bankruptcy counseling

Headquarters

HQ city

Stafford

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Client Fees (DMP Setup and Monthly): MMI charges clients a set-up fee (up to $75 maximum) and an ongoing monthly fee (up to $69 maximum) for Debt Management Plans. Actual fees are based on state regulations and the client's debt level. These fees cover creditor communications, account maintenance, education, and administrative costs. Eviction counseling is provided free of charge. Financial wellness programs for organizations start at $5,000 annually.
2. Creditor Voluntary Contributions: A significant portion of MMI's funding comes from voluntary contributions from creditors who participate in the DMP, calculated as a percentage of payments made through the program (up to 15% of each payment received). Creditors have a financial interest in being repaid and thus contribute. MMI works with all creditors regardless of whether they contribute.
3. Organizational Financial Wellness Partnerships: MMI offers customizable financial wellness programs to employers, credit unions, government agencies, and membership organizations. Plans begin at $5,000 annually and vary by organization size and included tools. Revenue is generated through annual subscription fees for access to counseling, education content, webinars, and reporting dashboards.

Pricing tiers

Go-to-market motion3 records

Distribution channels8 records

Marketing channels11 records

Core offering

Money Management International is a 501(c)(3) nonprofit credit counseling organization that administers Debt Management Plans (DMPs) and Debt Resolution Plans (DRPs), consolidating unsecured debts into a single monthly payment and negotiating reduced interest rates with creditors on behalf of consumers. It also delivers HUD-approved housing counseling, EOUST-approved bankruptcy counseling, student loan counseling, foreclosure/eviction counseling, post-disaster financial recovery (Project Porchlight), military-focused financial wellness (Military Reconnect), and B2B organizational financial wellness programs for employers, credit unions, government agencies, and membership organizations.

Product overview

Money Management International (MMI) operates as a single integrated nonprofit financial counseling platform offering debt management and resolution services alongside specialty counseling programs. The core offering consists of Debt Management Plans (DMP) and Debt Resolution Plans (DRP) that work directly with creditors to reduce interest rates and consolidate payments. Supporting these are specialty services including bankruptcy counseling, student loan counseling, homebuyer counseling, reverse mortgage counseling, foreclosure prevention, eviction counseling, and disaster recovery counseling. Educational offerings include online homebuyer courses, financial webinars, workshops, and budget guides. For business partners, MMI provides customizable organizational financial wellness programs, debt management partnerships, housing counseling partnerships, and Personalized Learning Programs (PLP). The company also operates Military Reconnect for veterans and Project Porchlight for disaster recovery support.

Differentiator

Problem solved

Functional benefit

Brands

• Military Reconnect: A program designed specifically for military service members, veterans, and their families offering free in-person information, online learning communities, and counseling resources to help achieve financial goals.
• Project Porchlight

Products and services

• Debt Management Plan (DMP) A structured debt repayment program administered by MMI that works with creditors to reduce interest rates and establish a single affordable monthly payment. Clients make deposits to MMI, which disburses payments to creditors on their behalf. Plans are designed to complete within five years.
• Debt Resolution Plan (DRP) A nonprofit alternative to debt settlement where MMI negotiates with creditors for partial repayment of debts. Once the agreed-upon payoff is completed, debts are considered paid off. Monthly payments are smaller and more manageable than other debt repayment options; MMI's total fee averages approximately 5.56% of the starting balance.
• Credit Counseling One-on-one budgeting and financial coaching services including credit report reviews with a focus on creating a plan to improve long-term credit health. Available 24/7, free of charge.
• Bankruptcy Counseling Required pre-filing and pre-discharge counseling and certificates in compliance with the bankruptcy code. Approved by the Executive Office for United States Trustees (EOUST).
• Student Loan Counseling In-depth loan analysis and action plan for rehabilitation and repayment of student loans.
• Homebuyer Counseling HUD-approved counseling that fulfills requirements of many first-time homebuyer mortgage programs. Helps consumers make informed decisions during the home buying process and avoid foreclosure traps.
• Reverse Mortgage Counseling Required education for home equity conversion mortgage (HECM) borrowers as mandated by HUD.
• Foreclosure Counseling HUD-approved foreclosure mitigation and intervention assistance to help homeowners avoid foreclosure.
• Eviction Counseling Direct support for renters concerned about the possibility of eviction, including help reviewing situations, discussing available assistance options, and communicating with landlords to resolve disputes or create payment plans. Provided free of charge.
• Disaster Recovery Counseling (Project Porchlight) Ongoing counseling and support for survivors of natural disasters, including help with insurance claims, aid applications, and budget rebuilding. Offered through the Project Porchlight program in partnership with FEMA and state/local disaster response organizations.
• Online Homebuyer Education Courses Online courses covering topics related to purchasing a home, fulfilling requirements for first-time homebuyer programs.
• Financial Webinars Educational webinars covering specialized financial topics available to clients and partners.
• Financial Education Workshops In-person financial seminars covering specialized topics for individuals and families.
• Budget Guides Comprehensive guides covering topics including cutting cable, saving on groceries, home insurance, car insurance, reducing cell phone bills, finding affordable medications, rebuilding credit, creating budgets, and preparing for homeownership.
• Organizational Financial Wellness Programs Customizable financial wellness programs for employers and organizations including personalized financial counseling, debt management plans, education and training, and branded content. Available in all 50 states.
• Personalized Learning Programs (PLP) Online learning tool providing partners with low-cost education and counseling resources. Courses cover budgeting, understanding credit, saving for college, and household management. Customizable with assessments and progress reports.
• Debt Management Partnerships Partnership program allowing employers and organizations to offer debt management services to their members, enabling responsible debt repayment and long-term financial control.
• Housing Counseling Partnerships Programs helping consumers find and keep homes, including foreclosure prevention, homebuyer counseling, and reverse mortgage services to reduce mortgage default rates.
• Education for Military Families (Military Reconnect) Free information, online learning communities, and counseling resources designed specifically for military service members, veterans, and their families to help with financial stability during and after military transition.

Quantifiable outcome

• Average 76.3% reduction in interest rates (from 28.04% to 6.64%) for DMP clients
• +9 more outcomes

Named customers16 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eight partnerships are on record, tiered core and supporting.

• VA Medical Centers (Veterans Affairs)coreChannel Partner/ Reseller/ Distributor · 1 January 2013MMI partners with VA Medical Centers (such as Atlanta VAMC) to deliver financial counseling and employment support to veterans. The partnership integrates MMI's financial wellness programming with VA services, including community employment coordinators and housing support for homeless veterans. MMI's Military Reconnect team conducts regular workshops and counseling sessions at VA facilities.
• USAA (USAA Educational Foundation)coreStrategic or Co-development Partner · 1 January 2012MMI and the USAA Educational Foundation partnered to introduce resources aimed at helping veterans facing debt. The collaboration was featured on FOX26 Houston, combining MMI's counseling expertise with USAA's military-focused financial services to address veteran-specific financial challenges including debt management and transition planning.
• FEMA (Federal Emergency Management Agency)coreStrategic or Co-development PartnerMMI leverages FEMA assistance and helps clients navigate the FEMA application and appeals process as part of its Project Porchlight post-disaster financial recovery program. MMI staff are trained to increase utilization of FEMA aid among disaster survivors through hands-on application support.
• Military Family Advisory NetworksupportingStrategic or Co-development PartnerMMI references research from the Military Family Advisory Network to inform its Military Reconnect program design. The network's surveys documenting that 92.5% of military families report having debt and 44% experience harmful financial stress shape MMI's program focus areas.
• Federal Home Loan Bank (FHLB)supportingChannel Partner/ Reseller/ DistributorMMI partners with Federal Home Loan Bank members to provide pre-purchase homebuyer counseling that fulfills requirements for FHLB down payment assistance programs and neighborhood stabilization initiatives.
• Large Mortgage Lenders and Credit UnionssupportingChannel Partner/ Reseller/ DistributorMMI provides housing counseling services to consumers referred by large mortgage lenders, credit unions, banks, REITs, community banks, and utility companies as part of their customer retention and compliance workflows.
• NFL (National Football League)coreStrategic or Co-development PartnerMMI has provided financial education and counseling to NFL players for more than a decade through an organizational financial wellness partnership. The program addresses the unique financial challenges faced by professional athletes including sudden income changes, financial planning, and long-term wealth management.
• Employers and Organizations (General)supportingChannel Partner/ Reseller/ DistributorMMI offers customizable financial wellness programs to employers, government agencies, credit unions, and membership organizations. Plans start at $5,000 annually and include access to counseling, education content, webinars, branded newsletters, and reporting dashboards. These organizational partnerships provide MMI's services as employee or member benefits.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• National Debt Relief: National Debt Relief is the largest US for-profit debt settlement company, negotiating partial payoffs on consumer unsecured debt. It competes with MMI's Debt Resolution Plan (DRP) on the same consumer debt-settlement use case, but at materially higher fees (15-25% versus MMI's ~5.56%).
• GreenPath Financial Wellness: GreenPath is one of the largest US nonprofit credit counseling agencies, offering DMPs, housing counseling, bankruptcy counseling, and student loan counseling. It is the most direct nonprofit peer to MMI, competing for the same creditor relationships, HUD/EOUST approvals, and B2B wellness contracts.
• ClearPoint Credit Counseling Solutions: ClearPoint is a HUD-approved nonprofit credit counseling agency offering DMPs, housing counseling, bankruptcy certificates, and financial education. It directly competes with MMI for the same consumer distressed-debt population and state licensing footprint.
• Freedom Debt Relief: Freedom Debt Relief is a leading for-profit debt settlement firm that negotiates reduced-balance payoffs with creditors. It directly competes with MMI's DRP on the same consumer debt settlement category, particularly in the subprime credit card segment.
• InCharge Debt Solutions: InCharge is a 501(c)(3) nonprofit credit counseling agency offering DMPs, housing counseling, and bankruptcy counseling. It operates a national footprint comparable to MMI and competes for both consumer and B2B financial wellness contracts.
• Money Management International (reference: Clearpoint/MMI peer competitor: Take Charge America): Take Charge America is a HUD-approved, nonprofit credit counseling agency offering DMPs, housing and bankruptcy counseling, and student loan services. It is a direct peer to MMI in the same nonprofit credit counseling category with overlapping geographic footprint.
• American Consumer Credit Counseling (ACCC): ACCC is a nonprofit credit counseling agency providing DMPs, housing counseling, bankruptcy counseling, and financial education. It is a direct competitor in the same HUD-certified, EOUST-approved nonprofit credit counseling category as MMI.

Broad incumbents

• Credit Karma: Credit Karma (Intuit) is a broad consumer finance platform offering free credit scores, credit monitoring, and debt/loan product recommendations. While it does not administer DMPs, it captures consumer intent upstream of MMI's funnel and could refer users to or compete with MMI on budgeting and debt advice.

Others

• National Foundation for Credit Counseling (NFCC): The NFCC is the national membership association of nonprofit credit counseling agencies founded in 1951, of which MMI is a longstanding member. It is not a direct competitor but sets industry standards, provides counselor certification, and channels consumer referrals to member agencies including MMI.

Emerging players

• Dave: Dave is a mobile-first consumer finance app offering cash advances, budgeting tools, and a "Side Hustle" platform targeting financially stressed consumers. It competes with MMI for the same income-constrained, debt-distressed demographic but via a self-service mobile experience rather than counselor-led debt plans.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/moneymanagement
• YouTubeyoutube.com/user/MoneyManagementInt
• Facebookfacebook.com/moneymanagementint
• LinkedInlinkedin.com/company/consumer-credit-counseling-service
• Instagraminstagram.com/moneymanagementint

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles27 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/ ClearPoint Credit Counseling Solutions