Credit Counseling Program from Union Plus

The Union Plus Credit Counseling provider is Money Management International (MMI) based in Houston, TX. MMI is the largest NFCC affiliated credit counseling agency. It was formed in 1996 and has grown through mergers with several Consumer Credit Counseling Services (CCCS) to be the nation's largest non-profit credit counseling agency with over 100,000 current clients.

Program Features

• Free counseling session, budget analysis and advice
• Debt Management Plans available at a reduced set-up fee. No union member will be turned away because of an inability to pay.
• A unique, fully integrated approach available by phone, internet and in person that is well positioned for a national service,
• Members may call 1-877-833-1745, 24 hours a day/7 days a week for a free credit counseling session.
• Website access and education
• Financial calculators and a quiz, online articles, teacher materials
• Local CCCS office locator
• Debt Management Plan services

How it Works

Debt Management Plan (DMP). If it is determined that a member needs additional assistance to eliminate debt, a customized DMP is developed based on the member's situation and a Debt Management Agreement is sent to the member.

• The Debt Management Agreement authorizes MMI to pay creditors on the member's behalf.
• MMI works with creditors to stop collection, waive or reduce interest charges, eliminate finance charge or late fees, wherever possible. MMI can advice on mortgage debt, but does not negotiate directly with mortgage lenders.
• Member agrees to make a lump sum monthly deposit to MMI, based on the negotiated terms with creditors, as the member's trustee for creditor payments. Automatic deductions from the member's bank account are encouraged.
• Members receive intensified counseling for the initial 90 days of the plan's implementation. The member then receives ongoing support and service.
• There is a 33% discount on the set-up fee for a DMP. Regular DMP set-up fees vary by state but do not exceed $75. (For example, in states where there is a $75 fee, the union member cost is only $50.)
• The average monthly fee for a DMP is $19. Monthly fees vary by state but do not exceed $35. Monthly fees may be reduced or eliminated based on the member's Action Plan. In addition, a portion of the monthly fee ($5) is applied to the outstanding debt.