Nonprofit counseling
Nonprofit help with debt, housing and student loans
Cambridge Credit Counseling Corp is a 501(c)(3) nonprofit credit counseling agency. A certified counselor will look at your real numbers with you, explain every option, and help you decide what fits. The first session is free.
Prefer to talk now?
800-857-2808Existing clients: 800-527-7595
- Counseling: Mon-Thu 8am-8pm, Fri 8am-5pm, Sat 10am-3pm ET
- Existing clients: Mon-Thu 8am-5pm, Fri 9am-5pm ET
Take Control of Your Debt
with a Debt Management Plan from Cambridge
One payment. Lower interest. Faster payoff. Expert guidance.
How it works
- 1
Free Budget Review
One-on-one counseling with a nationally certified credit counselor. We’ll review your income and expenses to fully understand your unique situation.
- 2
Customized Repayment Plan
We’ll provide options based on your budget and, if appropriate, enroll you in our Debt Management Plan that’s designed to safely and quickly eliminate your debt.
- 3
One Monthly Payment
Through our Debt Management Plan, we’ll consolidate your eligible unsecured debts into one simple monthly payment, sent to your creditors on your behalf.
- 4
Become Debt-Free Faster
With reduced interest rates, fewer fees and expert guidance, our clients are debt-free, typically in less than 4 years, without bankruptcy or risky debt settlement.
You make one payment each month to Cambridge. Cambridge divides it between the accounts on your plan and pays them. Creditors usually agree to reduce the interest rate, though that is their decision and not every account is included. Your accounts are closed while the plan runs.
Cambridge Debt Management Plan: Typical Client Benefits
- Interest paidOur typical client would have paid $44,676 in interest on their own, against $4,936 in interest and our fees on the plan
- Interest ratesCreditors cut them from 28.99% to 7% on average
- Monthly payment35.7% lower on average, or 31.1% after our fees
- Time to pay off38 months on average, against a 52-month plan
Cambridge Credit Counseling client data: 6,809 enrollments in the year to 30 June 2026, and 1,434 plan completions in 2025. Prepared by Brian Vosburgh, Director of DMP Operations, September 2026.
Your own result depends on your debts, your budget and what your creditors agree to.
Credit counseling is free, and there is no obligation to enroll. How a debt management plan works
Common questions
- Is Credit Card Payment Protection Insurance Worth It?Credit card protection insurance covers only the minimum payment on one card, not your full bill, and pays out only for specific events like death, disability, or unemployment.
- Do I Need Counseling Before Filing Bankruptcy, and Where Do I Get the Certificate?Yes.
- What Does It Mean When an Account Is Charged Off?A charge-off means the creditor has written your account off its own books as a loss, which generally happens after about 180 days without payment.
- What Is a Debt Management Plan and How Does It Work?A debt management plan combines your unsecured debts into one monthly payment that a nonprofit credit counseling agency sends out to your creditors.
- How do I get my mortgage modified so I can avoid foreclosure?A mortgage modification changes your loan's interest rate, monthly payment, repayment term, or principal so payments become more affordable and you can avoid foreclosure.
- Does Nonprofit Credit Counseling Really Offer Free Sessions?Yes.
A client tells their story
Nyland S.
Watch the video
One client's experience. Individual results vary, and nothing here is a promise of a particular outcome.
79 episodes of Financial Wellness Today, every one readable as text. All 79 episodes
Who we are
- 501(c)(3) nonprofit
- BBB accredited since 1998, rated A+
- HUD-approved housing counseling agency
- ISO 9001 registered since 2001
- Member of the National Foundation for Credit Counseling
- Accredited to the Financial Counseling Association of America’s Code of Practice
- Approved by the US Department of Justice for bankruptcy courses
Approval by the U.S. Department of Justice Executive Office of United States Trustees does not endorse or assure the quality of our services.