MMI is specialized in providing nonprofit solutions to people facing financial challenges. In addition, they offer financial education and counseling services to help you meet your financial goals.
What is Money Management International?
Money Management International (MMI) was formed in 1997 as “Money Management by Mail” as a coalition of six debt relief organizations. After updating its name for the modern era in 2003, they have continued to work as an organization that leads the industry in debt relief planning. MMI has built a strong reputation as an organization with the consumer’s best interests in mind. They stand out as a unique option among other financial providers since they focus on helping consumers over profits.
What Are the Benefits of Money Management International?
Money Management International (MMI) is a reliable nonprofit in the personal loan sphere. The history of MMI stretches back to 1958, bringing over sixty years of experience to the modern day. As recently as 2016, MMI joined major credit counseling agencies, building itself into America’s largest “full-service nonprofit consumer credit counseling organization”. With a reliable track record and a desire to put people over profits, Money Management International is a unique, reliable option for personal loans.
- Money Management International’s status as a long-established nonprofit makes them reliable and trustworthy uniquely, providing something that no other bank can offer.
- MMI focuses on personal loans for debt relief and consolidation. They focus on ensuring that they create a plan for every approved applicant with the potential to get through the woods. Debt can be crushing, and institutions must understand what it takes to get out of it. There are other options in the financial industry regarding different needs, but MMI’s focus on personal loans for debt relief can’t be beaten.
- Another benefit of working with MMI is their commitment to work directly with creditors. This can cause a longer-than-usual approval process while they get their plan in place, but their connections can’t be beaten for debt relief.
- One of the significant feathers in MMI’s cap is its overwhelmingly positive percentage of reviews. Over 1,300 customers have reviewed MMI on Trustpilot, maintaining a 5-star average. 97% of the reviews are 3-star or better, indicating that MMI’s reliable reputation is well-deserved.
What Does Money Management International Offer?
Money Management International has a partial suite of offerings that many banks do. They’re not the place to open a new credit card or look into CDs, and it’s unlikely they’re the best place to assist you with a startup business loan. But they do one thing incredibly well: debt relief and debt management loans. MMI should be an organization you check out if you need help with debt consolidation or relief. Their nonprofit organization status means they can analyze each situation and ensure they do everything they can to help. With a history that goes back to the 1950s, MMI’s stability is unrivaled among other banks. Finding a financial institution that genuinely puts the customer first is rare. MMI is truly dedicated to relieving their client’s debts, and their honesty and priority in this area are a breath of fresh air among financial organizations.
How Do You Qualify for a Debt Management Loan with MMI?
Since MMI functions primarily as a debt relief organization, its method of extending personal loans is focused on relieving financial hardship. Other companies are more suited to extending lines of credit for entrepreneurship and business loans, but MMI is tough to beat for debt management loans. Qualifications will be based on your situation and credit score, but MMI’s nonprofit status and strong history allow them to assist in many cases.
How Do You Work With Money Management International?
The first step is visiting the MMI website and speaking with a debt counselor. MMI counselors are available on the phone 24/7, and you can also visit their website and work through the form yourself before they follow up. Once you’ve contacted a debt counselor, getting things rolling can take longer than other banks since they’ll need to go through the consolidation process. The amount of time this takes can vary from situation to situation, and the whole thing can be a trying process. However, a glance over their Reviews will set you at ease. Once you’ve submitted your information, MMI will keep you in the loop while everything is processed and approved.
How to Get Started withMoney Management International
Debt management can be tiring and challenging, with stress worsening as debt builds. MMI is a great place to start when you decide to get assistance with your debt. Their history and focus on debt relief are unparalleled in the industry. With over sixty years of experience across multiple companies, MMI has seen nearly every issue possible. They’ve continued to evolve with changing times and sectors, and they’re better positioned than ever to help consumers who need it.
If you’re ready to send in your information for a consultation, you can start on their website’s online consultation form page.