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Cambridge Credit Counseling Corp.

Cambridge Credit Counseling Corp. Preferred Partner. Cambridge Overview. Cambridge Credit Counseling is a 501(c)3 non-profit agency providing education and financial counseling nationwide. Founded in 1996, Cambridge has helped more than 1 million Americans regain control of their finances.

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Cambridge Credit Counseling Corp.

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  1. Cambridge Credit Counseling Corp. Preferred Partner

  2. Cambridge Overview • Cambridge Credit Counseling is a 501(c)3 non-profit agency providing education and financial counseling nationwide. • Founded in 1996, Cambridge has helped more than 1 million Americans regain control of their finances. • Cambridge is a HUD-approved housing counseling agency, and is also approved by the Executive Office for U.S. Trustees to provide bankruptcy counseling and debtor education. • Cambridge Credit Counseling maintains an A+ rating with the Better Business Bureau. • Our independently certified counselors average 11 years of financial counseling experience. INFO16-062012.1

  3. Counseling Service Overview • We perform a thorough review of the individual’s unique financial situation. • Provide personalized advice to help develop an effective budget • Recommend a course of action appropriate to their income and expenses • Present options to remedy specific areas of concern • Follow up periodically to help them stay on track and reach their goals • When appropriate, enroll consumers in a Debt Management Plan (DMP) INFO16-062012.1

  4. Benefits of a DMP Debt Management Program participants typically enjoy: • The convenience of one monthly payment • Lower monthly payments (significant savings over enrollment term) • Reduced interest rates (average reduction from roughly 22% to 8%) • Elimination of late and/or over limit fees • Ongoing education • Continuing access to independently certified credit counselors • Full support of our customer care associates (also certified as counselors) INFO16-062012.1

  5. Debt Management Plan (DMP) Interest Rate Reductions Breathing Room Average monthly savings through DMP $220.90 Savings based on Cambridge’s ‘Average’ client. INFO16-062012.1

  6. Support for Consumers • Only 20% of the consumers who contact us are eligible for a debt management plan. As an educational non-profit, Cambridge provides services regardless of enrollment. • Each individual we counsel is also provided with a detailed Action Plan, based on the financial analysis performed by their Cambridge counselor. The counselor follows up within 45 days to encourage recommended action(s). • Each receives relevant articles created by our Certified Educators in Personal Finance. • Each receives the most recent edition of our Learn Now or Pay Later guide. • Each receives our Budgeting With the Connors educational program. • Each counseled individual is encouraged to make use of our online resources, at no cost and without obligation. INFO16-062012.1

  7. Receiving Non-Profit Assistance To learn more, or to schedule a free debt review with a certified counselor, please call 888-774-6602 INFO16-062012.1 Visit Cambridge on-line at www.cambridge-credit.org

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