--- title: "Cambridge Credit Counseling Services for Delaware Residents" description: "Cambridge Credit Counseling, a nonprofit licensed in Delaware, offers free credit counseling, debt management, housing and bankruptcy counseling." url: https://www.cambridge-credit.org/debt-help-in-delaware publisher: "Cambridge Credit Counseling Corp" updated: 2026-09-29 --- # Cambridge Credit Counseling Services for Delaware Residents Cambridge Credit Counseling Corp is a nonprofit credit counseling agency licensed in Delaware as a Licensed Debt Management Service, regulated by the Department of Justice Consumer Protection Unit under license number 07-16. Delaware residents can access debt management plans, credit counseling, student loan, housing, reverse mortgage, and bankruptcy counseling services. ## Cambridge Credit Counseling's License to Serve Delaware Cambridge Credit Counseling Corp holds a Licensed Debt Management Service license in Delaware, license number 07-16, and is regulated by the Department of Justice Consumer Protection Unit. The agency is a 501(c)(3) nonprofit founded in 1996 and headquartered in Agawam, Massachusetts. It is a member of the National Foundation for Credit Counseling, is ISO 9001 registered, and its counselors are certified. ## Services Available to Delaware Residents - Debt management plans and credit counseling - Student loan counseling - Housing counseling, including first-time homebuyer courses - Reverse mortgage (HECM) counseling - Bankruptcy counseling and debtor education certificates ## How Debt Management Plans Work in Delaware A debt management plan consolidates unsecured debts into one monthly payment administered by the counseling agency. It is not a loan and does not involve borrowing new money. On a plan, almost all concessions such as reduced interest rates or waived fees follow preset guidelines set by each creditor, not by Cambridge Credit Counseling. In some cases they can vary based on the level of hardship in the budget, and certain accounts may not be eligible for them. Credit counseling sessions at Cambridge Credit Counseling are free of charge for Delaware residents. ## Housing and Mortgage Counseling for Delaware Homeowners Cambridge Credit Counseling is a HUD-approved housing counseling agency and offers first-time homebuyer courses to Delaware residents. A mortgage is a long-term secured loan in which the house serves as collateral. Monthly mortgage payments typically include principal, interest, real estate taxes, and property insurance, known as PITI, and often also private mortgage insurance. Homebuyers who put down less than 20 percent of the home's cost are usually required to carry private mortgage insurance, which can cost between 0.15 percent and 2.5 percent of the loan amount. This insurance can typically be dropped once the loan reaches an 80 percent loan-to-value ratio, though the homeowner must notify the lender to stop the premiums. Delaware residents who cannot afford a 20 percent down payment can contact a HUD-approved housing counseling agency, such as Cambridge Credit Counseling, to review options and see if they qualify for homeownership assistance programs. ## Bankruptcy Counseling and Debtor Education in Delaware Cambridge Credit Counseling is approved by the Department of Justice to provide pre-filing bankruptcy counseling and post-filing debtor education to Delaware residents. Bankruptcy counseling and debtor education each cost $50.00 per household per session and are available free or at a reduced rate based on ability to pay. The fee is per household, not per person, so a married couple filing together pays once. Households with income below 150 percent of the federal poverty guidelines for their household size are presumed eligible for a fee waiver. Households above that line may still qualify for a reduced fee if they can show a temporary financial hardship, such as a recent job loss or drop in income, unexpected medical costs, disability, separation or divorce, the death of a household wage earner, or another documented financial circumstance that significantly impacts the household's ability to pay. Waivers and reductions are assessed on the household's current income, expenses and overall financial condition, and Cambridge Credit Counseling will not refuse services to anyone due to inability to pay. Approval by the U.S. Department of Justice Executive Office of United States Trustees does not endorse or assure the quality of our services. ## What Cambridge Credit Counseling Does Not Provide in Delaware Cambridge Credit Counseling does not offer debt settlement to Delaware residents. Debt settlement means negotiating to pay less than the full balance owed. It is a different service from credit counseling and is typically offered by for-profit companies, not by Cambridge Credit Counseling. ## Getting Started in Delaware Delaware residents can contact Cambridge Credit Counseling for a free counseling session by calling 800-235-1407. ## Questions and answers ### Is credit counseling free for Delaware residents? Yes. Credit counseling sessions at Cambridge Credit Counseling are free of charge for consumers, including those in Delaware. ### What license does Cambridge Credit Counseling hold in Delaware? Cambridge Credit Counseling holds a Licensed Debt Management Service license in Delaware, license number 07-16, regulated by the Department of Justice Consumer Protection Unit. ### Does Cambridge Credit Counseling offer debt settlement in Delaware? No. Cambridge Credit Counseling does not provide debt settlement. Debt settlement involves paying less than the full balance owed and is typically offered by for-profit companies, which is different from Cambridge Credit Counseling's nonprofit credit counseling and debt management services. ### What should I do if I cannot afford a 20 percent down payment on a home in Delaware? If you cannot afford a 20 percent down payment, contact a HUD-approved housing counseling agency, such as Cambridge Credit Counseling. We can review your situation and let you know if you qualify for programs that help toward homeownership. ## Sources - Mortgage Downpayments| Cambridge Credit: https://cambridge-credit.org/mortgage-down-payments.html (checked 2026-08-04) - Cambridge Credit Counseling: https://cambridge-credit.org/index.html (checked 2026-08-04) - cambridge-credit.org credit counseling page: https://cambridge-credit.org/credit-counseling.html (checked 2026-08-03) - Mortgage Downpayments| Cambridge Credit: https://cambridge-credit.org/mortgage-down-payments.html (checked 2026-08-04) - Quality Commitment | Cambridge Credit Counseling: https://cambridge-credit.org/quality-commitment.html (checked 2026-08-04) - Frequently Asked Questions | Cambridge Credit: https://cambridge-credit.org/frequently-asked-questions.html (checked 2026-08-04) - NFCC Member Agencies register: https://www.nfcc.org/nfcc-member-agencies/ (checked 2026-08-28) - cambridge-credit.org about page: https://cambridge-credit.org/about.html (checked 2026-08-03) - cambridge-credit.org housing counseling page: https://cambridge-credit.org/housing-counseling.html (checked 2026-08-03) - cambridge-credit.org bankruptcy page: https://cambridge-credit.org/bankruptcy-counseling.html (checked 2026-08-03) - cambridge-credit.org contact page: https://cambridge-credit.org/contact.html (checked 2026-08-03) - cambridge-credit.org about page: https://cambridge-credit.org/about.html (checked 2026-08-03) - Cambridge Credit Counseling: https://cambridge-credit.org/index.html (checked 2026-08-04) - Credit Counseling Certifications | Cambridge Credit: https://cambridge-credit.org/counselor-certifications.html (checked 2026-08-04) - How To Get Out of Debt, Federal Trade Commission: https://consumer.ftc.gov/articles/how-get-out-debt (checked 2026-08-28) - industry definition, NFCC: https://www.nfcc.org/resources/debt-management-plans/ (checked 2026-08-28) - CFPB consumer guidance: https://www.consumerfinance.gov/ask-cfpb/what-is-the-difference-between-credit-counseling-and-debt-settlement-debt-consolidation-or-credit-repair-en-1449/ (checked 2026-08-28) - Mortgage Basics | Cambridge Credit: https://cambridge-credit.org/mortgage-basics.html (checked 2026-08-04) - Mortgage Basics | Cambridge Credit: https://cambridge-credit.org/mortgage-basics.html (checked 2026-08-04) - Mortgage Basics | Cambridge Credit: https://cambridge-credit.org/mortgage-basics.html (checked 2026-08-04) - Mortgage Downpayments| Cambridge Credit: https://cambridge-credit.org/mortgage-down-payments.html (checked 2026-08-04) - Mortgage Downpayments| Cambridge Credit: https://cambridge-credit.org/mortgage-down-payments.html (checked 2026-08-04) - Federal Trade Commission, How To Get Out of Debt: https://consumer.ftc.gov/articles/how-get-out-debt (checked 2026-09-18) --- Cambridge Credit Counseling Corp is a 501(c)(3) nonprofit credit counseling agency. Credit counseling is free. Talk to a counselor: 800-857-2808 | https://www.cambridge-credit.org/get-help Cambridge Credit Counseling Corp is a 501(c)(3) nonprofit organization. Required disclosures and state licenses, the privacy notice and the terms are linked in the footer of every page.