Market Position
MMI is a leading provider of credit and debt counseling and education resources in the country and has picked up various awards for its educational programs and tools, including:
- Regiftable.com won and Ad-Tech Limelight award in 2007, and LACP award in 2007 and an Interactive Media award in 2007
- In 2008, FinancialLiteracyMonth.com was recognized by the Web Marketing Association’s Web Award Financial Services Standard of Excellence and Non-Profit Standard of Excellence.
- In 2008, MMI won NeighborWorks America’s Innovations in Homeownership Contest for its innovative post-purchase strategy for consumers. MMI was recognized for its unique and effective Preserving Homeownership and Savings Education Strategy (PHASES) program.
- In 2009, FinancialLiteracyMonth.com won a Summit Creative award
As further evidence of its best practices approach to financial education and credit counseling, in 2005, MMI was selected by a federal bankruptcy court to assume control of approximately 50,000 debt management plans previously managed by AmeriDebt.
MMI has continued to experience an increase in inquiries, counseling sessions and active clients in recent years. In early 2000, MMI had approximately 15,000 active Debt Management Plan clients. As a result of agency mergers and increased community outreach initiatives, MMI’s portfolio today stands at over 91,000 active Debt Management Plans.
According to the federal Government Accountability Office in 2006 MMI was one of the three largest credit counseling providers in the United States. From January to October of that year, MMI and the two other largest agencies - Consumer Credit Counseling Service of Greater Atlanta and GreenPath Debt Solutions - delivered more than half of all the certified BAPCPA bankruptcy prefiling credit counseling in the nation.
Read more about this topic: Money Management International
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