Our clients' rates are reduced by an average of 14 points!
Our typical new clients save an average of $142 per month!
Many creditors will eliminate or reduce late and/or over-limit fees.
Our plan is designed to get you out of debt in a 4-5 year timeframe.
Excessive credit card and other unsecured debt can make it difficult for people to pay their bills and can really hinder a person's ability to get ahead in life. High credit card interest rates and fees can make it almost impossible to get the balances paid down, and it can be difficult to find the help you need to pay the bills. In fact, most of the people we speak to every day have found themselves asking, "isn't there anyone that will help me pay my bills more effectively?" At Cambridge, we're committed to helping you pay your bills and get out of debt as quickly as possible, with the least amount of cost to you.
We specialize in helping people pay their credit card and other “unsecured” bills. Working with your creditors, we are typically able to obtain reductions on the interest rates and fees that your creditors are charging you, saving our clients an average of $142 every month! Although we aren’t able to help you pay your secured bills (mortgage, auto loans, etc.) or your monthly utility bills (electricity, heat, phone, etc.), the amount of money we are typically able to save you every month will help to provide more of a cushion to pay these other bills.
Since Cambridge is a nonprofit agency, most creditors will offer certain benefits that could help you pay off your debts faster than you could on your own, typically within a 4-5 year timeframe. These benefits can include reducing your interest rates, bringing your past-due accounts current, and eliminating or reducing your late and/or over-limit fees. In addition to these benefits, you will also get the added benefit of having one of our professional, certified credit counselors available to help you throughout the life of the program. You’ll also have access to your account information online and you’ll be able to speak with our experienced team of client services professionals who work to ensure that all of your accounts are properly serviced throughout the course of your enrollment.
Please note that we are NOT A LOAN COMPANY. We do not lend money. Cambridge Credit Counseling Corp. is a VT and MS Licensed Debt Management Service Provider. We are also licensed by the NY State Department of Financial Services. In MS, our license number is 22/2013, while in Oregon our license number is DM-80020. Our MD Debt Management Registration number is 14-42. Cambridge is also licensed and/or conducting business in: AL, AK, AR, AZ, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MA, MI, MT, MO, NE, NH, NJ, NV, NM, NC, ND, OH, OK, PA, SC, SD, TN, TX, UT, WA, WV and WY. Additional licensing information is available upon request. Establishment of a plan may adversely affect your credit rating or credit score and may make it more difficult to obtain credit. As always, nonpayment of debt at any time may lead your creditors to increase finance and other charges or undertake collection activity, including litigation. State-regulated fees may apply for debt management plans