Welcome to Cambridge Credit Counseling. We are a non-profit debt relief agency with a mission to help you get out of debt fast, while giving you the tools and support you need to stay debt free forever. Here are the benefits that our typical clients enjoy:
Complete this form or call (800) 235-1407 to speak with a certified counselor and find out if debt consolidation is right for you!
(making only minimum monthly payments)
Starting balance:
$15,000
Interest Rate:
18%
Minimum monthly payment:
$375.00
Number of months to pay off debt:
382
Interest paid:
$21,923.31
(based on average program benefits)
Starting balance:
$15,000
Interest Rate:
8%
Minimum monthly payment:
$305.00
Number of months to pay off debt:
60
Interest paid:
$3,237.24
Example based on typical program benefits - actual benefits and terms will vary based on your creditors and financial situation. Average program completion time for our clients is only 42 months.
Credit counseling is a FREE service for consumers who are looking to find ways out of debt. Our consumer credit counseling professionals are nationally certified debt experts who will perform an in-depth analysis of your financial situation to help identify ways for you to save money and get out of debt.
Debt consolidation is a safe, effective way to responsibly pay your credit card debt. You'll make one simple payment every month and we'll pay your creditors, all while saving you time and money. Our clients see average interest rate reductions of 64%, reducing their monthly payments by around 25%.
Cambridge is approved by the Department of Housing and Urban Development (HUD) to provide housing-related services throughout the country. Our housing counseling services include foreclosure prevention, rental counseling, first-time homebuyer courses, and post-purchase housing counseling.
Have you been struggling to achieve your financial goals? The Cambridge Financial Excellence Program was designed to help people seeking to improve their financial profile and get to a better place financially, whether it's improving their credit scores, increasing savings, or qualifying for better financing.
Student loan debt has surpassed credit card debt and is now ranked #2 in terms of debts that Americans are holding, second only to mortgage debt. Our student loan counselors will review your entire financial profile, including your federal student loans, and work with you to find an affordable solution.
Many seniors are looking to reverse mortgages to help them through their golden years. Our certified reverse mortgage (HECM) counselors are here to ensure that seniors fully understand all aspects of the reverse mortgage so that they can make an informed decision. Counseling is required for HECMs.
Cambridge is approved by the U.S. Justice Department’s EOUST to offer the educational courses that consumers need in order to file and complete a bankruptcy petition. Before filing, consumers must first complete the pre-filing course and must complete the post-filing debtor education course to get a certificate.
At Cambridge, our goal is to get you out of credit card debt fast, with as little cost to you as possible. Our Debt Consolidation services allow you to make just one simple monthly payment for all of the debts you include on our program.
By enrolling in our program, our typical clients enjoy average interest rate reductions from 22% down to 8%, saving them an average of nearly $150 every month. These reductions help our clients to get out of debt in just about 52 months. Other benefits of our debt consolidation services include bringing past-due accounts current and the elimination of certain late or over-limit fees.
Please complete the form above to schedule your FREE Debt Analysis now. We will never share your information to anyone, for any reason, ever!
Our main goal here at Cambridge is to spread financial education and increase financial literacy.
Below are our most popular articles:
Financial stress can have major effects on your health. Stress, in general, can cause heart attacks, strokes, and many other serious health issues regardless of the source. Learn about the effects of financial stress on your health and what you can do to prevent or reduce it.
If you've been impacted by the coronavirus, it's important that you take a long look at your finances and reevaluate your household budget. This article discusses what you can do if you've been financially impacted by the COVID-19 pandemic.
We've all heard the term "charge-off". What exactly does it mean to have an account charge-off? How bad is it really? Do we still have to pay a charged-off account or does the debt eventually "go away"? When exactly does an account charge-off? We'll teach you the basics!
A 'minimum monthly payment' is the lowest amount you can pay toward your monthly credit card bill in order to keep the account current. However, too many of us make JUST the minimum monthly payment. Learn why that's not the best way to pay down your credit cards.
Credit counseling has been around for decades, but today's credit counseling agencies are held to a much higher standard than those that were around in the 1960's. Learn the benefits of credit counseling, the history of the profession and how it's evolved over the years.
One of the first things that a certified credit counselor will do when speaking to a consumer is to work with them to create a household budget. Why? Because having a budget helps to keep your spending in-check and build up your savings. In this article, we'll teach you how to get started.
Click on any of the following helpful guides to download, or click here to see all available publications and tools.
Cambridge Credit Counseling is a 501(c)(3) non-profit agency offering credit counseling, housing counseling, reverse mortgage counseling, and bankruptcy counseling services. We are a national organization providing assistance for a wide-range of financial issues, and chances are that you or someone you know could benefit from one of our many services.
All of our professional counselors are certified through an independent third party, and they are here to help you. All you have to do now is help yourself by calling Cambridge today at (800) 235-1407, or complete this form to get started right now!
