Money Management International (MMI) is a United States non-profit that provides consumers with free
credit counseling
Credit counseling (known in the United Kingdom as Debt counseling) is commonly a process that is used to help individual debtors with debt settlement through education, budgeting and the use of a variety of tools with the goal to reduce and ultima ...
and education.
In about 25 percent of its consultations, it helps consumers develop a
debt management or repayment plan.
MMI is funded primarily by creditors.
Money Management International was founded in 1997 by six financial consulting organizations that were members of the Consumer Credit Counseling Services (CCCS) network.
Over time, Money Management International merged with more than 20 credit counseling organizations.
The company acquired the accounts of AmeriDebt as part of AmeriDebt's bankruptcy proceedings in 2005. In 2006 it released the microsite, regiftable.com, to promote regifting as a way to reduce spending.
In 2008, MMI introduced its "Thirty Steps" educational program on responsible money management.
References
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External links
Official websiteregiftable.com Non-profit organizations based in Texas
1997 establishments in Texas
Organizations established in 1997
501(c)(3) organizations
Personal finance