Money Management International Gobbles Up Clearpoint Credit Counseling Solutions

All I’ve got to say is I never saw that coming. Money Management International consuming Clearpoint Credit Counseling in a merger. Here is what I’ve learned from public sources. Money Management International – new organization will utilize both MMI and Clearpoint tradenames. Christopher Honenberger, chief executive officer of Clearpoint, announced his plan to retire in … Read more

ClearPoint Credit Counseling: The Latest TCPA Victim

Update According to Thomas Nitzsche with ClearPoint, the case below has been dismissed. In what is becoming a series of Telephone Consumer Protection Act (TCPA) cases against debt relief companies, ClearPoint Credit Counseling has become the latest target. On December 23, 2015, ClearPoint was sued in a class action case in California. The Plaintiff claimed … Read more

CredAbility and ClearPoint Credit Counseling to Merge. Watch Out MMI.

In what comes as no big surprise, the consolidation of the credit counseling industry continues. This time with a big announcement from two players whose merger will create the second largest credit counseling organization. “CredAbility and ClearPoint Credit Counseling Solutions announced on Oct. 1 that they have agreed to merge their two organizations, effective December … Read more

I Made an Appointment With ClearPoint CCCS But I Need Help Now! – Paul

“Dear Steve, 911!!!! I really need your help I am 60years old my wife is ging to be 70 in october. I was diagnosised with a brain tumor and the operation was sucessful (that is the good news). I had to retire and my income droped by 60k. My wife only has social security of … Read more

What Can Clearpoint DMP Do for Me that I Can’t Do? – David

I’m considering a Clearpoint DMP for credit card debt totaling $25,000. How can they do what I apparently cannot, have my creditors change interest calculations from compound to simple to fully amortize ‘the loan’ in 4 – 5 yrs? Why can I not do the same myself thus saving $40/mo. in client fees, approx. $2200 … Read more

Is Clearpoint Credit Counseling Solutions Doing Debt Settlement?

A reader wanted me to watch a past video, that I’ve embedded below. The reader wanted to know if Clearpoint Credit Counseling Solutions was involved in debt settlement. Clearpoint is an NFCC and AICCCA member agency (source) so the claim they had been involved in debt settlement sounded surprising to me. Typically non-profit credit counseling … Read more

I Contacted Clear Point Debt Consolidation for Relief. – Annette

I contacted Clear Point Debt Consolidation for a relief in helping to lower my high interest credit card debt. I have tried to talk to my creditors to lower my interest but to no avail. I have come up with the following self-help plan. I will pay off the small credit cards (and not pay … Read more

I’ve Looked Into Credit Counseling But I’m a Little Scared. – Wendy

“Dear Steve, I lost my job in august for last year for two months. I then was only able to get a part time job. Before that I was able to make my credit card payments. on time with a credit score of 780. I called my creditors before I was even late for my … Read more

I’m Worried About Going With ClearPoint Credit Counseling Solutions or Care One Credit Counseling. – Mike

“Dear Steve, Married 3 kids combined income of about $90,000 gross. Have a home with an interest only mortgage that’s has a year left before it converts. We owe about $25,000 in credit cards. We want to get the debt taken care so we will have enough to refinance to a fixed rate loan to … Read more