Our History

The history of MMI is a story of perpetual transformation. With roots that extend all the way back to 1958, MMI has been shaped and reshaped over the years in response to the changing needs of consumers and creditors alike.

In 1997, the nonprofit Money Management by Mail was formed through the alignment of six consumer credit counseling agencies seeking to more effectively leverage their decades of combined experience and expertise. Money Management by Mail quickly became an industry forerunner, both in terms of consumer reach and technological capacity. In 2003, the organization was rebranded as Money Management International to more accurately reflect the scope of its operations.

MMI has continued to expand throughout the years by joining forces with credit counseling agencies across the country — most recently with Clearpoint Credit Counseling Solutions in 2016. This expansion has made MMI the largest full service nonprofit consumer credit counseling organization in the nation, offering a wide variety of financial counseling and educational services, including debt and budget counseling, student loan counseling, foreclosure counseling, bankruptcy education and certification programs, organizational financial wellness programs, and much, much more.