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During uncertain economic times, it’s especially important that people not only know how to manage their debt, but also their interactions with debt collectors. To remind people of their rights—and debt collectors of their obligations—the Federal Trade Commission (FTC) is featuring a new video highlighting the rights of consumers whose debts have gone into collection, and the rules of behavior for debt collectors.
Some major debt collection rule changes will be going into effect on November 30, 2021. These updates include helpful protections for consumers, but also open the door for collectors to use email, text messages, and even social media in their attempts to collect on debts.
It's a difficult subject to think about (let alone talk about), but someday your parents may need you to step in and handle their finances. Here's how you can start that conversation and prepare for that important transition in a way that leaves everyone feeling good.
Children are victimized by identity thieves at a rate 51 times greater than adults.
Everyone loves to be a winner. Many people enter sweepstakes, contests, and lotteries hoping to win an extravagant prize - from luxury vehicles to exotic vacations. The problem with some of these seemingly good opportunities is that not all that glitters is gold.
MMIs National Housing Survey reveals concerns with current mortgage-relief "programs". Due to the increased prevelance of foreclosure prevention scams and fraudulent services offered online, it can be difficult to know which company to trust.
Not all fraud alerts are the same. What should you do when your creditor tells you that your account has been compromised?
If you're planning on spending less this holiday season you've got a lot of company.
You dont need to be afraid of shopping online, but you should be cautious. Consider taking these steps to protect yourself, your identity and your money before making your next purchase online.
Nonprofit credit counseling is a free service that can help you understand your financial options, but there are some misconceptions about what it can and can't do for you.
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  • MMI is a proud member of the National Foundation for Credit Counseling (NFCC) National Foundation for Credit Counseling
    MMI is a longstanding member of the National Foundation for Credit Counseling® (NFCC®), the nation’s largest nonprofit financial counseling organization. Founded in 1951, the NFCC’s mission is to promote financially responsible behavior and help member organizations like MMI deliver the highest-quality financial education and counseling services.
  • Council on Accreditation - official seal Council On Accreditation
    MMI is proudly accredited by the Council on Accreditation (COA), an international, independent, nonprofit, human service accrediting organization. COA’s thorough, peer-reviewed accreditation process is designed to ensure that organizations like MMI are providing the highest standard of service and support for clients and employees alike.
  • Financial Counseling Association of America Financial Counseling Association of America
    MMI is a proud member of the Financial Counseling Association of America (FCAA), a national association representing financial counseling companies that provide consumer credit counseling, housing counseling, student loan counseling, bankruptcy counseling, debt management, and various financial education services.
  • Department of Housing and Urban Development - Equal Housing Opportunity Department of Housing and Urban Development
    MMI is certified by the U.S. Department of Housing and Urban Development (HUD) to provide consumer housing counseling. The mission of HUD is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD provides support services directly and through approved, local agencies like MMI.