Skip to Content

Debt Management Companies

The Six Qualities of Reputable Debt Management Companies

Legitimate debt management companies, like American Consumer Credit Counseling (ACCC), have these six qualities that you should look for when shopping around for a credit counseling agency:

  1. They are non-profit organizations.
  2. They have been in business for at least seven years.
  3. They are licensed through the appropriate regulatory agencies.
  4. They charge reasonable fees and are willing to waive them for customers in financial hardship.
  5. They have certified credit counselors.
  6. They are members of recognized trade organizations.

Reputable Debt Management Companies are Non-Profit Organizations

Non-profit debt consolidation companies benefit their customers by providing credit counseling services at a very low cost or even for free in some cases. That's because their services are funded in part through donations, government grants, or contributions from creditors.

American Consumer Credit Counseling (ACCC) is a non-profit credit counseling agency whose mission is to nurture a community of financially responsible citizens that will thrive for many generations. We also are committed to providing financial education and credit counseling services to those who need the most help.

Reputable Debt Management Companies have Experience and Expertise

Founded in 1991, ACCC is among the top debt management companies in the country. We have the experience and expertise, through our professionally trained counselors, to help you regain control of your finances and create successful strategies for a debt-free future.

Reputable Debt Management Companies are Licensed

ACCC has a Certificate of Authority to do business in each of the 50 states and the District of Columbia. We are also licensed in all 32 of the states that require licensing. We constantly update our services and practices to comply with the latest legal requirements.

Reputable Debt Management Companies do not Charge Exorbitant Fees

Unlike a debt reduction service, which usually charges a percentage of the total amount of the debt it settles, companies who provide debt consolidation services do not. ACCC is an example of a consolidated debt agency that charges the lowest possible fees for its services.

Reputable Debt Management Companies have Certified, Knowledgeable Counselors

Credit counselors at debt management companies help clients assess their financial situations and develop goals to be successful in paying off debt and using credit wisely in the future. They assist in developing an effective, workable budget and work with creditors in consolidating debt. They also provide debt management advice and post-bankruptcy debtor education. At ACCC our counselors are independently certified, highly professional, and easy to talk to.

Reputable Debt Management Companies are Members of Recognized Trade Associations

Debt management companies also demonstrate their expertise and competency through their memberships with either the National Foundation for Credit Counseling (NFCC) or the Association of Independent Consumer Credit Counseling Agencies (AICCCA). American Consumer Credit Counseling is a member of the NFCC.

Learn More about Debt Management Companies

Debt management companies provide a wide range of services, including debt management programs, financial education, housing counseling, and pre-bankruptcy counseling. Call ACCC today for more information about our programs.

American Consumer Credit Counseling (ACCC) is a nonprofit debt relief agency offering consolidated credit counseling and consumer debt solutions. If you have debt to consolidate, we can help you consolidate credit without taking a loan or paying high fees like some debt management companies charge. A fair, effective debt reduction service, our debt management program simplifies your payment responsibilities and often results in reduced interest rates from your creditors. As a leading national debt consolidation firm, ACCC has also been approved by the Department of Justice to provide credit counseling for bankruptcy both the pre-bankruptcy credit counseling certificate and the post-bankruptcy debtor education.

SiteLock Better Business Bureau Mass Housing Approved National Industry Standards for Homeownership Education and Counseling NFCC Member