Looking for a little help to get your finances or perhaps credit under control? We are here to help! Here are a few of the many services that we offer in around the Twin Cities as well as throughout the State of Minnesota.
Reach out to us to get started or if you have any questions.
Debt Management Minnesota
The goal of our credit counseling sessions is to help you find the best solutions to your financial problems in Minnesota. In many cases, our professional advice may be all that you need in order to get a handle on your situation, and take control of your debt, credit card balances or spending habits. For some who may be considering bankruptcy, our impartial advice may help them re-affirm that decision. And finally, our debt consolidation and repayment programs are a great way for many to pay off their debt, according to their means, in a reasonable time frame.
We are not a lender. As professional counselors and debt managers, we know you cannot borrow your way out of debt, only pay your way out. This plan, when followed, will help you do just that.
Debt Management Programs Benefits may include:
- Reductions in minimum payments.
- Reduced or eliminated interest rates.
- Elimination of late or over-limit fees.
- Re-aging of accounts (a creditor considering your account current).
- Elimination of collection calls.
Debt Consolidation Minnesota
In situations where there is not enough money available to make full monthly payments to your creditors, but enough for reasonable payments, we will contact each creditor on your behalf and make arrangements for them to accept reduced monthly payments. This is more commonly know as debt consolidation or debt management. Your creditors are asked to stop all collection activity with you and to deal directly with us. In some cases, creditors will stop or reduce finance charges to Consumer Credit clients in Minnesota.
Each month, you pay a specified amount, which is deposited into a trust account and distributed monthly to each of your creditors until all of your debts have been paid. Since most credit-makers appreciate the function we perform and realize the importance of allowing their customers to pay their obligations in a consistent, honorable and possible manner, they are usually quite willing to participate in these programs.
Credit Counseling Minnesota
Consumer Credit of Minnesota offers free and confidential credit counseling for those who have concerns about their debt, credit, or financial circumstance. Our certified credit counselors are available by phone or in person to offer impartial advice, guidance, or information specific to your financial needs.
Let Our Credit Counseling Experts in Minnesota:
- Help you learn better money management skills.
- Find solutions to your current financial problems.
- Determine your bankruptcy alternatives.
- When appropriate, develop, for you, a personalized debt consolidation program.
Credit Repair Minnesota
Consumer Credit of Minnesota, is a non-profit community service agency. Our fundamental purpose is to help people who are in financial trouble solve their debt problems and repair their credit. We have been counseling, doing credit repair, advising or structuring debt consolidation programs for several years.