News
Welcome to the Money Management International (MMI) newsroom. MMI has been educating consumers since 1958 and has helped millions of people learn how to use credit wisely and practice good money management skills. We have found that consumers make smart financial choices when they have access to the most up-to-date information on what can be a stressful and complex topic.
October 06, 2011 :
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Debt is a burden that millions of Americans carry on a daily basis. In fact, the average family spends 20 percent of their household income paying down debt. But the scary fact about debt is that it doesn’t just impact your finances.
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August 11, 2011 :
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Money Management International (MMI), the largest nonprofit credit counseling agency in the nation, has just launched a free new online resource to teach kids about good money management: MoneyBunny.com. On the site, children can explore the world of the Money Bunnies and jump-start their learning about wise financial choices.
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September 12, 2011 :
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According to a recent report released by the U.S. Secretary of Education, student loan default rates are up a staggering 7 percent, up from the 2007 default rate of 6.7 percent. The default rates for student borrowers are considerably higher for those who attended public schools than those who attended private ones. Due to a lackluster economic turnaround and high unemployment, it’s no surprise that student borrowers are struggling to make loan payments.
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