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.

  • The Consumer Federation of America (CFA) is an association of nonprofit consumer organizations that was established in 1968 to advance the consumer interest through research, advocacy, and education. Today, nearly 300 of these groups participate in the federation and govern it through their representatives on the organization's Board of Directors.
  • The National Council of Higher Education Resources (NCHER) is the nation’s oldest and largest higher education finance trade association. NCHER’s membership includes state, nonprofit, and for-profit higher education service organizations, including lenders, servicers, guaranty agencies, collection agencies, financial literacy providers, and schools, interested and involved in increasing college access and success. It assists its members in shaping policies governing federal and private student loan and state grant programs on behalf of students, parents, borrowers, and families.

  • Since 2007, the Homeownership Preservation Foundation (HPF) has served as a trusted, neutral source of information for more than eight million homeowners. They are partnered with, and endorsed by, numerous major government agencies, including the U.S. Department of Housing and Urban Development and the Department of the Treasury.

  • The mission of the U.S. Department of Housing and Urban Development (HUD) is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD works to strengthen the housing market in order to bolster the economy and protect consumers; meet the need for quality affordable rental homes; utilize housing as a platform for improving quality of life; and build inclusive and sustainable communities free from discrimination.

  • The Council on Accreditation (COA) is an international, independent, nonprofit, human service accrediting organization. Their mission is to partner with human service organizations worldwide to improve service delivery outcomes by developing, applying, and promoting accreditation standards.

  • The National Foundation for Credit Counseling® (NFCC®), founded in 1951, is the nation’s largest and longest-serving nonprofit financial counseling organization. The NFCC’s mission is to promote the national agenda for financially responsible behavior, and build capacity for its members to deliver the highest-quality financial education and counseling services.