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6 Finest Credit score Counseling Firms (2023)

Debt is simple to rack up however arduous to get rid of. In case your money owed are uncontrolled and also you need assistance, credit score counseling providers ought to be in your radar.

Credit score counseling helps overextended shoppers with high-interest debt take cost of their funds and transfer towards getting out of debt. They do that with two primary instruments:

  1. Free credit score counseling periods assist shoppers get an correct image of their debt state of affairs and their choices for bettering it.
  2. Debt administration plans (DMP) assist shoppers consolidate money owed with no credit score test and negotiate higher phrases and decrease rates of interest.

Debt administration plans include a month-to-month charge, however most often, the discount in your month-to-month debt cost will greater than cowl the charge.

Many credit score counseling businesses additionally present housing counseling, pupil debt counseling, monetary training, and different providers.

Finest Credit score Counseling Providers

These credit score counseling providers are non-profit corporations and are members of the Nationwide Basis for Credit score Counseling (NFCC) or the Monetary Counseling Affiliation of America (FCAA), the 2 main credit score counseling associations.

These businesses is not going to strain you into enrolling in a debt administration plan as a default resolution to your cash woes. As an alternative, you’ll get to work with licensed credit score counselors who will advise you on the perfect credit score administration methods based mostly in your monetary state of affairs.

The shortlisted candidates supply nationwide on-line or telephone help and free preliminary counseling periods.


Cambridge Credit score Counseling Corp

Cambridge Credit Counseling Corp logo

Cambridge Credit score Counseling Company is an FCAA-accredited credit score counseling company with workplaces in Massachusetts and New York. Established in 1996, this not-for-profit company helps with unsecured debt administration, mortgage points, and pupil loans. Be taught extra

💵 Charges: Capped at $50-$70/mo for debt administration plans.

  • Credit score counseling
  • Debt consolidation 
  • Debt administration plans

Go to Web site


Cash Administration Worldwide

Money Management International logo

Cash Administration Worldwide grew from a family-run debt counseling enterprise in Arizona to a nationwide credit score counseling company with branches in 25 states. It offers in-person and over-the-phone consultations in two languages: English and Spanish. Be taught extra

💵 Charges: $25/mo on common for debt administration plans.

  • Homebuyer counseling
  • Catastrophe restoration counseling
  • Credit score report evaluations

Go to Web site


GreenPath Monetary Wellness

GreenPath Logo

GreenPath Monetary Wellness has been providing credit score counseling providers for 60 years. The corporate is persistently acknowledged among the many prime socially accountable employers by the Heart for Firms That Take care of its inclusive method to monetary training and debt aid advisory. Be taught extra

💵 Charges: Debt administration plans are $0-$75 per thirty days.

  • Credit score counseling and debt settlement 
  • Personalised debt administration plans
  • 3-minute monetary self-assessments 

Go to Web site


DebtWave Credit score Counseling

DebtWave excels in credit score teaching and credit score rating administration. Work with certified private finance advisors to take care of bank card debt and different unsecured loans and optimize your rates of interest. Be taught extra

💵 Charges: Debt administration plan charges are capped at $49-$75/month.

  • On-demand on-line counseling
  • Monetary training sources
  • Free finances evaluation

Go to Web site


American Shopper Credit score Counseling (ACCC)

American Consumer Credit Counseling logo

American Shopper Credit score Counseling guarantees to slash your month-to-month debt repayments by 30-50% with recommendation on debt consolidation and administration. ACCC additionally handles tax and medical debt administration, housing, and chapter counseling. Be taught extra

💵 Charges: Capped at $70/month for debt administration plans.

  • An in depth evaluation of your earnings, property, and bills
  • Personalised debt administration methods
  • Medical debt administration providers

Go to Web site



Apprisen logo

Apprisen offers on-line credit score counseling providers via an interactive portal. You may get a fast debt evaluation and customized monetary recommendation inside 48 hours by electronic mail. Then you possibly can talk along with your credit score counselor by telephone or video-conferencing to determine on the perfect debt aid technique. Be taught extra

💵Charges: Capped at $45/mo for debt administration plans.

  • Credit score well being academic periods
  • Scholar mortgage counseling
  • Monetary teaching providers

Go to Web site

1. Cambridge Credit score Counseling Corp 

🏆 Finest Popularity

Cambridge Credit Counseling Corp homepage

Cambridge Credit score Counseling Company is a member of the Monetary Counseling Affiliation of America (FCAA) and the Nationwide Basis for Credit score Counselors (NFCC), the 2 important accreditations for respected credit score counseling businesses.

In operation since 1996, Cambridge Credit score Counseling focuses on serving to shoppers management high-interest debt. This credit score counseling company has achieved spectacular outcomes for its shoppers, together with a mean 14% discount in bank card rates of interest and a 25% discount in month-to-month bank card payments.

Cambridge Credit score Counseling can also be accredited by the US Division of Housing and City Growth (HUD), that means they’re certified to supply mortgage counseling, together with reverse mortgage (HECM) advisory and foreclosures intervention providers.


  • Complete housing counseling providers
  • Free preliminary finances evaluation and monetary plans evaluation
  • A full breakdown of prices despatched earlier than debt administration program enrolment
  • Excessive rankings at Shopper Affairs and Higher Enterprise Bureau (BBB)
  • Free monetary training: workbooks, brochures, video collection
  • Publish-counseling help by way of telephone, electronic mail, and consumer portal


  • You have to shut all unsecured debt accounts earlier than enrollment
  • Restricted alternatives for in-person credit score counseling
  • Can ship a number of ​​unsolicited emails
Preliminary setup charge $40
Common month-to-month charge $30
Month-to-month charge caps $75 max

Accreditations and memberships:

  • Monetary Counseling Affiliation of America (FCAA) 
  • HUD-Accredited Housing Counseling Company
  • Council on Accreditation (COA)

Go to Cambridge Credit score Counseling

2. Cash Administration Worldwide (MMI)

🏆 Finest for In-Individual Counseling

Money Management International (MMI) homepage

Cash Administration Worldwide (MMI) is a highly-reviewed non-profit credit score counseling firm with a 4.9 ranking on Trustpilot (based mostly on 1.7K evaluations) and an A+ ranking with the Higher Enterprise Bureau.

They provide free monetary counseling providers for budgeting, debt settlement, credit score rating enhancements, and extra. It’s also possible to entry free content material (webinars, workshops, and a podcast) about private funds.

In contrast to many credit score counseling providers on this record, MMI does many of the counseling in particular person by way of its in depth community of branches. They’ve a presence in 25 states (excluding AL, DE, ID, IN, IA, KS, KY, ME, MI, MN, MT, NE, NH, ND, OH, RI, SC, SD, TN, UT, VT, VA, WA, WV, WI, WY) and welcome walk-ins.

It’s also possible to contact the company by telephone. Employed credit score counselors communicate both English or Spanish and can be found 24/7.

MMI can also be among the many few providers to supply help with recovering after a pure catastrophe. You possibly can contact them to get assist with monetary restoration plan growth, FEMA help, and insurance coverage paperwork.


  • Free credit score counseling and consolidated credit score evaluations
  • Presence in 25 states and 36 cities
  • Proactive credit score rating administration
  • Advisory providers for first-time house consumers
  • Publish-disaster monetary restoration counseling
  • Multi-language credit score counseling periods


  • The web portal is just accessible for the debt administration plan
  • Will auto-close all bank cards as a part of DMP enrollment
  • Communication will be delayed at instances
Preliminary setup charge for DMP Capped at $75
Common month-to-month charge for DMP $25
Chapter pre-filing As much as $50

Accreditations and memberships:

  • Monetary Counseling Affiliation of America (FCAA) member 
  • Council on Accreditation (COA)

Go to Cash Administration Worldwide

3. GreenPath Monetary Wellness

🏆 Finest Instructional Assets

GreenPath Financial Wellness  homepage

GreenPath Monetary Wellness is a regional credit score union service that advanced right into a HUD-approved and COA-accredited monetary counseling service supplier.

The corporate operates 21 workplace places in 16 states and presents many on-line sources by way of its web site and devoted on-line portal (accessible to any person). You possibly can join on-line lessons, obtain worksheets and guides, tune in for a monetary literacy podcast, or use on-site monetary calculators to get out of debt sooner.

Should you want extra help, you possibly can join the preliminary credit score counseling session on-line and have it carried out by telephone, video conferencing, or in particular person. GreenPath employs a roster of certified credit score counselors, together with HUD-approved housing brokers, to teach and help with cash administration.

In 2021, GreenPath helped its shoppers repay over 9,5000 debt administration plans in full and resolved some 40K+ finances and debt points.


  • Free, confidential credit score report evaluations
  • Full transparency on consumer outcomes and outcomes
  • Ample self-service cash administration instruments
  • Free first-time homebuyer lessons
  • Extremely certified board of administrators and counselors
  • Reverse mortgage counseling


  • Cellphone help is just accessible between 8 am-10 pm Japanese time
  • Some on-line housing workshops are paid
  • Decrease BBB ranking attributable to customer support points
Preliminary setup charge for DMP $35 on common 
Common month-to-month charge for DMP $29
Chapter pre-filing As much as $50

Accreditations and memberships:

  • Monetary Counseling Affiliation of America (FCAA) member
  • Council on Accreditation (COA)
  • HUD-Accredited Housing Counseling Company
  • Accredited by the U.S. Trustees to supply pre-bankruptcy counseling

Go to GreenPath

4. DebtWave Credit score Counseling

🏆 Finest Credit score Rating Administration

DebtWave Credit Counseling homepage

DebtWave is a nationwide credit score counseling service working out of San Diego, California. The corporate doesn’t have department places exterior of CA however is out there by telephone from 6 am to six pm each workday for credit score counseling. It’s also possible to guide an in-person appointment by way of their web site.

The common credit score counseling session length is 60 minutes. The session consists of an preliminary finances evaluation, a credit score rating evaluation, your credit score utilization ratio evaluation, and an evidence of your credit score combine, all achieved totally free.

Afterward, you’ll be supplied with additional choices: ongoing advisory on debt administration, asset liquidation methods, enrollment with a debt settlement firm, or a debt administration program.

DebtWave credit score counselors received’t push you in direction of a debt administration plan as a default resolution. You’ll get a good evaluation of your monetary state of affairs and customized follow-up steps.


  • Free credit score teaching periods and finances evaluation 
  • Proactive advisory on credit score rating administration
  • In-depth credit score combine evaluation of all credit score accounts 
  • Free estimation of debt payoff date and potential rates of interest 
  • Informative on-line occasions, seminars, and masterclasses 
  • On-line credit score calculators for self-service


  • Doesn’t have FCAA or HUD accreditation 
  • Doesn’t present any mortgage or rental counseling 
  • Cellphone counseling is just accessible on workdays till 6 pm Pacific time 
DMP enrollment charge capped at $75
Month-to-month DMP charge capped at $49

Accreditations and memberships:

  • Heart for Monetary Certification

Go to DebtWave

5. American Shopper Credit score Counseling (ACCC)

🏆 Finest for Debt Administration

American Consumer Credit Counseling (ACCC) homepage

American Shopper Credit score Counseling (ACCC) is a nationwide credit score counseling firm based mostly in Massachusetts with 20 workplace branches throughout 14 states. They’ve an A+ ranking with the Higher Enterprise Bureau, indicating a excessive stage of responsiveness to buyer complaints.

ACCC focuses on credit score counseling and debt administration plans. In contrast to others, they deal not simply with bank card debt and high-interest private loans but additionally medical debt, tax arrears, and pupil loans. Individually, they’ve credit score counselors who’re accredited by the U.S. Trustees workplace to supply pre-filing and post-filing chapter counseling.

ACCC additionally helps with debt consolidation, debt settlement, and debt administration program enrollment. Based mostly on BBB buyer evaluations, ACCC counselors by no means push you towards a specific possibility however advise on completely different methods and go away the ultimate option to you.


  • HUD-approved home counseling providers for householders and renters 
  • Personalised evaluations of your present monetary state of affairs
  • Bodily presence in a number of states and cities 
  • Proactive methods for debt consolidation and administration 
  • Confirmed document of reducing rates of interest and month-to-month funds
  • Work with credit to scale back finance expenses, late charges, and over-limit expenses


  • Not licensed within the state of Oregon for chapter counseling
  • A restricted on-line portal, solely accessible for DMP members 
  • Don’t supply ongoing monetary literacy advisory 
DMP enrollment charge capped at $39
Month-to-month DMP charge capped at $70
Chapter pre-filing As much as $49

Accreditations and memberships:

  • Monetary Counseling Affiliation of America (FCAA) member
  • HUD-Accredited Housing Counseling Company
  • Council on Accreditation (COA)
  • Accredited by the U.S. Trustees to supply pre-bankruptcy counseling

Go to American Shopper Credit score Counseling

6. Apprisen

🏆 Finest Digital Expertise

Apprisen homepage

Apprisen claims to have helped over a half-million shoppers to get out of debt. This credit score counseling company operates out of Ohio and has no branches exterior the state.

Nevertheless, they’ve top-of-the-line on-line monetary literacy apps, and it’s accessible to all customers. To obtain customized monetary recommendation, you will need to full a fast on-line questionnaire and securely share requested info (your pay stubs, credit score experiences, and so forth.).

Apprisen makes use of a novel system based mostly on IRIS, an automatic system that may generate a customized monetary plan in as little as half-hour. Then you possibly can schedule a telephone or video name with an Apprisen credit score counselor to determine the following steps.

Apprisen focuses on bettering your monetary wellness and serving to you study efficient budgeting, saving, and credit score administration practices. You possibly can have limitless follow-up telephone counseling periods, peruse offered coaching supplies, or join common workshops.


  • Handy on-line portal for monetary assessments 
  • Personalised monetary plans for every consumer 
  • In-depth evaluations of your credit score experiences and scores
  • Retirement planning sources and workshops 
  • Monetary evaluation periods for small enterprise homeowners 


  • No bodily branches exterior of Ohio 
  • Many academic periods are paid 
  • Don’t supply devoted counseling on medical debt 
DMP enrollment charge capped at $45
Month-to-month DMP charge capped at $45
One-time charge for enrolling in monetary teaching $300

Accreditations and memberships:

  • Member of the Nationwide Basis for Credit score Counseling (NFCC) 
  • Council on Accreditation (COA) 

Go to Apprisen

The Finest Credit score Counseling Firms In contrast

Cambridge Credit score Counseling Company Cash Administration Worldwide GreenPath Monetary Wellness DebtWave American Shopper Credit score Counseling Apprisen
Kind of firm 501(c)(3) non-profit company 501(c)(3) non-profit company 501(c)(3) non-profit company 501(c)(3) non-profit company 501(c)(3) non-profit company 501(c)(3) non-profit company
Service space 50 states 50 states 50 states 50 states 50 state 50 states
Bodily workplace(s) NY and MA In 25 states In 16 states  California In 14 states Ohio 
Cellphone/video chat help ✔️ ✔️ ✔️ ✔️ ✔️ ✔️
On-line consumer accounts For credit score counseling and chapter counseling  Just for debt administration plan (DMP) For all clients, a cell app is out there  Not provided at current  Just for debt administration plans and chapter counseling  On-line providers by way of IRIS monetary planning software program 
Debt consolidation  ✔️ ✔️ ✔️ ✔️ ✔️ ✔️
Debt administration plans ✔️ ✔️ ✔️ ✔️ ✔️ ✔️
Bank card payments administration ✔️ ✔️ ✔️ ✔️ ✔️
Personalised monetary teaching  ✔️* ✔️ ✔️
Housing counseling  ✔️ ✔️ ✔️ ✔️ ✔️
Medical debt administration ✔️** ✔️ ✔️ ✔️
Foreclosures intervention  ✔️ ✔️ ✔️ ✔️ ✔️
Reverse mortgage counseling  ✔️ ✔️ ✔️ ✔️ ✔️
Catastrophe restoration counseling  ✔️
Scholar mortgage counseling ✔️ ✔️ ✔️ ✔️ ✔️
Chapter counseling ✔️ ✔️ ✔️ ✔️ ✔️ ✔️
Free monetary literacy sources ✔️ ✔️ ✔️ ✔️ ✔️ ✔️
Month-to-month charges Capped at $50 Common $25 Vary from $0 to $75 Capped at $49 Between $7-$70 By no means exceed $45

*By way of companion ClariFi
**By way of Greenback For partnering company

Does Credit score Counseling Have an effect on Your Credit score Rating?

A free credit score counseling session is not going to have an effect on your credit score rating. Should you undertake a debt administration plan, you might even see a short-term drop in your rating. You could be required to shut accounts, which may shorten your credit score historical past and cut back your credit score combine.

That impression will often be non permanent. Over time, a debt administration plan ought to enhance your cost historical past and your credit score rating.

A nationwide examine of 12,000 US shoppers discovered that individuals who have been working with credit score counseling corporations might cut back their revolving debt by $3,600 greater than shoppers with out counseling[1].

Nearly 70% of the survey members stated they discovered higher cash administration methods, improved their monetary confidence, and discovered to persistently deal with their debt.

Some for-profit debt aid corporations can push you in direction of aggressive debt administration methods similar to debt settlement. As a result of debt settlement entails negotiating for lower than the whole quantity owed, it may have a big unfavorable impression in your credit score rating.

Many debt settlement corporations ask you to briefly cease making funds, which may harm your credit score, ship accounts to assortment businesses, and even result in a lawsuit. Non-profit credit score counselors will typically steer you away from these strategies.

The right way to Select the Proper Credit score Counselor

There are lots of several types of organizations and firms promoting debt aid providers, and it’s simple to get confused. It’s necessary to get the best ones as a result of some are sketchy, and a few are outright scams.

Reliable credit score counseling corporations are non-profits. Most are accredited by respected organizations such because the Nationwide Basis for Credit score Counseling (NFCC) or the Monetary Counseling Affiliation of America (FCAA).

After getting your shortlist, attain out to every company with the next questions:

  1. What providers do you supply? Discover a firm that gives finances counseling, financial savings lessons, and credit score administration recommendation. Don’t belief organizations that push debt administration plans or different providers earlier than they spend time analyzing your funds.
  2. What’s your counseling course of? Ask concerning the common session length and kind of recommendation you possibly can obtain. Discover out what sort of follow-up help the corporate presents and which academic supplies are free. Keep away from organizations that cost for accessing any info.
  3. Are you licensed to supply your providers in my state? It’s at all times value double-checking since shopper credit score counseling rules differ nationwide.
  4. What are your charges? Discover a lot the corporate expenses for particular counseling. Ask in the event you’ll get billed per session or on a flat-rate foundation. Be cautious of credit score counselors who ask you to pay upfront for an preliminary consulting session.

Examine for any complaints or authorized motion taken towards credit score counseling corporations. You possibly can lookup their Higher Enterprise Bureau (BBB) evaluations or test in with a neighborhood shopper safety company.

How A lot Does Credit score Counseling Value?

Non-profit credit score counseling businesses supply free monetary state of affairs evaluation and post-counseling help. You could be requested, nonetheless, to pay an onboarding charge and ongoing month-to-month service charges in the event you determine to enroll in a debt administration plan.

Most not-for-profit businesses cap the max onboarding charge at $75 and month-to-month funds — at $50. Relying in your state and monetary state of affairs, you may additionally get the month-to-month charge waived.

In different phrases, you may get skilled credit score teaching and monetary training sources totally free and debt administration plans at a low value.

Nearly anybody who’s underneath monetary stress can profit from a free counseling session. What you do after that’s as much as you, however credit score counseling will make it easier to make an knowledgeable resolution!



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