State Licenses

As a national credit counseling agency, Cambridge is required to maintain the appropriate licenses in every state where we conduct business. Although not all states have licensing requirements, below you'll find a list of those that do, along with a link to each of our licenses, when available. We invite you to visit these state agencies to verify our licensing status. We further invite you meet all of our licensed credit counselors and housing counselors employed at Cambridge.

Keep in mind, the name of the particular license varies from state to state and include such titles as "seller of checks", "debt adjuster", "debt management company", "debt management service provider", "credit counseling agency", "credit services organization", and "budget planner".

Cambridge ensures that only licensed credit counselors perform credit counseling services, and certain states require additional certifications in order for our licensed credit counselors to perform services on the accounts of consumers from their state.

Alabama Money Transmitter License

Alabama Securities Commission
445 Dexter Avenue
Suite 12000
Montgomery, AL 36104

License Number: MT#374

Arizona Registered Debt Management Company

Arizona Department of Financial Institutions
100 North 15th Avenue
Suite 261
Phoenix, AZ 85007

License Number: DM-0907740

Colorado Registered Debt Management Service Provider

Colorado Department of Law
Consumer Protection Section, DM
Ralph L. Carr Colorado Judicial Center
1300 Broadway, 6th Floor
Denver, CO 80203

License Number: 000006

Connecticut Licensed Debt Adjuster

Connecticut Department of Banking
260 Constitution Plaza
Hartford, CT 06103-1800

License Number: DANP-938355

Delaware Licensed Debt Management Service

Delaware Department of Consumer Protection
Department of Justice
Consumer Protection Unit
820 N. French Street, 5th Floor
Wilmington, DE 19801

License Number: 07-16

Idaho Authorized Debt/Credit Counseling Agency

Idaho Department of Finance
800 Park Blvd
Suite 200
Boise, ID 83712

License Number: CDC-4832

Illinois Licensed and Registered Debt Management Service

Illinois Dept. of Financial and Prof. Regulation
Div. of Financial Inst. Consumer Credit Section
320 W. Washington (Suite 550)
Springfield, IL 62701

License Number: DM.0000228

Indiana Licensed Debt Management Company

Indiana Department of Financial Institutions
30 South Meridian St.
Suite 300
Indianapolis, IN 46204

License Number: 10720

Iowa Licensed Debt Management Business

Iowa Division of Banking
200 East Grand Avenue
Suite 300
Des Moines, IA 50309

License Number: DM-2006-0287

Kansas Registered Credit Services Organization

Kansas Office of the State Bank Commissioner
700 SW Jackson
Suite 300
Topeka, KS 66603

License Number: CSO-0000031

Kentucky Registered Debt Adjuster

Kentucky Office of the Attorney General
Office of Consumer Protection
1024 Capital Center Drive
Suite 200
Frankfort, KY 40601

License Number: File #02

Maine Registered Debt Management Service

Maine Department of Professional & Financial Regulation
Bureau of Consumer Credit Protection
35 State House Station
Augusta, Maine 04333-0035

License Number: DMS5616

Maryland Licensed Debt Management Service Provider

Maryland Commissioner of Financial Regulation
500 North Calvert Street
Room 402
Baltimore, Maryland 21202-3651

License Number: 14-42

Michigan Licensed Debt Management Company

MI Dept. of Insurance and Financial Services
530 West Allegan Street
7rd Floor
Lansing, MI 48933
(877) 999-6442
Required disclosures

License Number: 0010556

Mississippi Licensed Debt Management Service

Mississippi Department of Banking and Consumer Finance
P.O. Box 12129
Jackson, MS 39236-2129

License Number: DM/000022/2016

Montana Registered Consumer Debt Management Service

Montana Department of Justice
Office of Consumer Protection
P.O. Box 200501
Helena, MO 59620-0501

License Number: 11-4364

Nebraska Licensed Debt Management Business

Nebraska Secretary of State
1445 "K" Street
State Capitol Street, Suite 1305
Lincoln, NE 68509

License Number: No Number Issued

Nevada Registered Debt Management Service

State of Nevada Financial Institutions Division
Department of Business and Industry
1830 E. College Parkway, Suite 100
Carson City, NV 89706

Lic.# DMSM11012

New Hampshire Licensed Debt Adjuster

New Hampshire Banking Department
53 Regional Drive
Suite 200
Concord, NH 03301

License Number: 13768-DA

New Jersey Licensed Debt Adjuster

New Jersey Department of Banking and Insurance
Licensing Services Bureau
PO Box 473
Trenton, NJ 08625-0473

License Number: L062857

New York Licensed Budget Planner

New York State Department of Financial Services
One State Street
New York, NY 10004

License Number: BP 102555

Oregon Registered Debt Management Service Provider

Oregon Dept. of Consumer and Business Services
Division of Financial Regulations
350 Winter Street NE, Room 410
Salem, OR 97301-3881

Lic.# DM-80020

Pennsylvania Licensed Debt Management Service

Pennsylvania Department of Banking & Securities
17 North Second Street, 13th Floor
Harrisburg, PA 17101

License Number: 23256

Rhode Island Licensed Debt Management Service

State of Rhode Island Dept. of Business Regulation
Division of Banking
1151 Pontiac Avenue, Bldg. 68-1
Cranston, RI 02920

License Number: 20132893DM

South Carolina Licensed Credit Counseling Organization

State of South Carolina Dept. of Consumer Affairs
2221 Devine Street, Suite 200
Columbia, SC 29250-5757

Lic# CC-0613600-0613600

Tennessee Licensed Debt Management Service

Tennessee Department of Commerce and Insurance
500 James Robertson Parkway
Davy Crockett Tower Nashville, TN 37243-0565

License Number: 17

Texas Registered Debt Management Service Provider

Office of Consumer Credit Commissioner
Finance Commission Building
2601 N. Lamar Boulevard
Austin, TX 78705

Lic# 1400000154-125729

US Virgin Islands Registered Debt Management Service Provider

US Virgin Islands Off. of Lt. Governor
Banking, Ins. & Financial Reg.
#5049 Kongens Gade
St. Thomas, USVI 00802

Lic.# DMSP-02

Utah Registered Debt Management Service

Department of Commerce
Division of Consumer Protection
160 East 300 South, Box 146704
Salt Lake City, UT 84114-6704

Lic.# 6760639-DBTM

Vermont Licensed Debt Adjuster

State of Vermont
Department of Financial Regulations 89 Main Street
Montpelier, VT 05620-3101

License Number: DA-28

Required Disclosures

Fees may apply for debt management plans.

We are non profit agency. We’re supported by the monthly fees paid by our clients and we also receive funding/grants from some of the creditors for the counseling and education we provide.

Please note that establishment of a plan may adversely affect an individual's credit rating or credit scores, and that nonpayment of debt may lead creditors to increase finance and other charges or undertake collection activity, including litigation.

VT Licensed Debt Management Service Provider

KS Licensed Debt Management Provider, Registration number CSO-0000031.The Kansas Office of the State Bank Commissioner will accept questions and complaints from consumers regarding Cambridge Credit Counseling Corp. at 700 SW Jackson, Suite 300, Topeka, Kansas, 66603, or by calling toll-free 1-877-387-8532

MD Licensed Debt Management Provider, Registration number 14-42. The commissioner of financial regulation for the state of Maryland will accept questions and complaints from Maryland residents regarding Cambridge (License #14-42) at 500 N. Calvert Street, Room 402, Baltimore, MD 21202-3651, Phone 1-888-784-0136.

Mississippi Licensed Debt Management Service Provider: MS Debt Management License Number 22/2013.

New York Licensed Budget Planner

Due to exemption or the lack of a licensing requirement, Cambridge is also conducting business in the following 18 states:

  • Alaska
  • Arkansas
  • California
  • Florida
  • Georgia
  • Hawaii
  • Louisiana
  • Massachusetts
  • Missouri
  • New Mexico
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • South Dakota
  • Washington
  • West Virginia
  • Wyoming

Cambridge is not currently conducting business in the following states/territories:

  • Minnesota
  • Virginia
  • Wisconsin
  • Puerto Rico

WE ARE NOT LAWYERS

We are credit counselors who specialize in providing the information people need to more effectively manage their credit and debt. In the course of a consultation, a responsible counselor should advise you of the options suited to your financial circumstances. Among many alternatives, this can include the liquidation of assets you may have, budget adjustments you might consider making, negotiating with your creditors on your own, enrolling in a debt management plan, or consulting with a bankruptcy attorney. You must bear in mind that our advice is not legal advice, and that our counselors are not authorized to provide such counsel.

According to the Code of Ethics our counselors are sworn to uphold, a counselor should only provide counsel within his or her area of expertise. If your circumstances indicate that you should also consult with a professional in some other area, we'll advise you accordingly.

NO FALSE PROMISES

Our counselors are thoroughly trained and independently certified, so why don't we guarantee that your credit standing will improve if you simply follow our advice? The easy answer is that as a responsible agency, we can't give any kind of guarantee, even though we stand behind the soundness of our advice. It sounds contradictory, but there are two reasons for this we're certain you'll appreciate.

  • We can't be with you 24 hours a day to monitor your financial behavior, and;
  • Lenders make their own decisions to grant credit, and the decisions they make are based on a number of variables that extend well beyond the scope of our service.

We know what has worked for millions of Americans in the past, and that our advice is echoed by experts throughout the financial services industry, but we can't provide any kind of guarantee.

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