Require Disclosures & State Licenses
- Cambridge is NOT A LOAN COMPANY. WE DO NOT LEND MONEY.
- All of our credit counseling services are provided from our office located at 67 Hunt Street, Agawam, Massachusetts 01001.
- Fees may apply for debt management plans.
- We are a non-profit agency. We’re supported by the monthly fees paid by our clients, and we also receive funding/grants funding and/or 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.
As a national credit counseling agency, Cambridge is required to maintain the appropriate licenses in every state where we conduct business. The name of the license varies by state and may include such titles as "money transmitter", "debt adjuster", "debt management company", "debt management service provider", "credit counseling agency", "credit services organization", "budget planner" and "adjustment service company". Not all states have licensing requirements.
Cambridge ensures that only licensed credit counselors perform credit counseling services. Some states may require additional certifications to service accounts of a consumer. Click here to meet our counselors.
We’re currently licensed in each of the states shown below (Cambridge is exempt from licensure in many other states). If you have any questions regarding compliance, please call (413) 241-2401 or click here to email our Compliance Officer. We invite you to visit the state agencies listed below to verify our licensing status.
Alabama Money Transmitter License
Alabama Securities Commission
445 Dexter Avenue
Suite 12000
Montgomery, AL 36104
License Number: MT#374
View Alabama LicenseArizona Registered Debt Management Company
Arizona Department of Financial Institutions
100 North 15th Avenue
Suite 261
Phoenix, AZ 85007
License Number: DM-0907740
View Arizona LicenseColorado Registered Debt Management Service Provider
Colorado Department of Law
Consumer Protection Section, DM
Ralph L. Carr Colorado Judicial Center
1300 Broadway, 10th Floor
Denver, CO 80203
License Number: DMG-2000005
View Colorado LicenseConnecticut Licensed Debt Adjuster
Connecticut Department of Banking
260 Constitution Plaza
Hartford, CT 06103-1800
License Number: DANP-938355
View Connecticut LicenseDelaware 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
View Delaware LicenseIdaho Authorized Debt/Credit Counseling Agency
Idaho Department of Finance
11341 West Chinden Blvd.
Building 4 Floor 3
Boise, ID 83714
License Number: CDC-4832
View Idaho LicenseIllinois 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 62786
License Number: DM.0000228
View Illinois LicenseIndiana Licensed Debt Management Company
Indiana Department of Financial Institutions
30 South Meridian St.
Suite 200
Indianapolis, IN 46204
License Number: 10720
View Indiana LicenseIowa Licensed Debt Management Business
Iowa Division of Banking
200 East Grand Avenue
Suite 300
Des Moines, IA 50309
License Number: DM-2006-0287
View Iowa LicenseKansas Registered Credit Services Organization
Kansas Office of the State Bank Commissioner
700 SW Jackson
Suite 300
Topeka, KS 66603
License Number: CSO.0000031
View Kansas LicenseThe Kansas Office of the State Bank Commissioner will accept questions and complaints from consumers regarding Cambridge Credit Counseling Corp. at the address above or by calling toll-free (877) 387-8532.
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
View Kentucky LicenseMaine 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
View Maine LicenseMaryland Licensed Debt Management Service Provider
Maryland Commissioner of Financial Regulation
500 North Calvert Street
Room 402
Baltimore, Maryland 21202-3651
License Number: 14-42
View Maryland LicenseThe State of Maryland requires us to advise you of the availability of the NMLS Consumer Access Website to verify our license status:
Verify License Status (NMLS)NMLS Number: 938355
The commissioner of financial regulation for the state of Maryland will accept questions and complaints from Maryland residents regarding Cambridge Credit Counseling Corp at the address above or by calling toll-free (888) 784-0136.
Michigan Licensed Debt Management Company
MI Dept. of Insurance and Financial Services
530 West Allegan Street
7th Floor
Lansing, MI 48933
(877) 999-6442
License Number: 0010556
View Michigan LicenseMinnesota Debt Management Services Provider
Minnesota Department of Commerce
Main Office, Golden Rule Building
85 7th Place East - Suite 280
Saint Paul, MN 55101
License Number: MN-DM-938355
View Minnesota LicenseMississippi Licensed Debt Management Service
Mississippi Department of Banking and Consumer Finance
P.O. Box 12129
Jackson, MS 39236-2129
License Number: DM-22
View Mississippi LicenseMontana Registered Consumer Debt Management Service
Montana Department of Justice
Office of Consumer Protection
P.O. Box 200151
Helena, MO 59620-0151
License Number: 184958
View Montana LicenseNebraska Licensed Debt Management Business
Nebraska Secretary of State
Licensing Division
1201 N Street (Ste 120)
Lincoln, NE 68508
License Number: No Number Issued
View Nebraska LicenseNevada 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
License Number: DMSM11012
View Nevada LicenseNew Hampshire Licensed Debt Adjuster
New Hampshire Banking Department
53 Regional Drive
Suite 200
Concord, NH 03301
License Number: 13768-DA
View New Hampshire LicenseNew Jersey Licensed Debt Adjuster
New Jersey Department of Banking and Insurance
Licensing Services Bureau
PO Box 473
Trenton, NJ 08625-0473
License Number: 0518603-C14
View New Jersey LicenseNew York Licensed Budget Planner
New York State Department of Financial Services
One State Street
New York, NY 10004
License Number: BP 102555
View New York LicenseOregon 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
License Number: DM-80020
View Oregon LicensePennsylvania Licensed Debt Management Service
Pennsylvania Department of Banking & Securities
Non-Depository Licensing Office
17 North Second Street, Suite 1300
Harrisburg, PA 17101
License Number: 23256
View Pennsylvania LicenseRhode 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
View Rhode Island LicenseSouth Carolina Licensed Credit Counseling Organization
State of South Carolina Dept. of Consumer Affairs
293 Greystone Boulevard, Suite 400
Columbia, SC 29210
License Number: CCL-144579
View South Carolina LicenseTennessee Licensed Debt Management Service
Tennessee Department of Commerce and Insurance
500 James Robertson Parkway
9th Floor - Davy Crockett Tower Nashville, TN 37243-0565
License Number: 17
View Tennessee LicenseTexas Registered Debt Management Service Provider
Office of Consumer Credit Commissioner
Finance Commission Building
2601 N. Lamar Boulevard
Austin, TX 78705
License Number: 1400000154-125729
View Texas LicenseUS 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
License Number: DMSP-02
View USVI LicenseUtah Registered Debt Management Service
Department of Commerce
Division of Consumer Protection
160 East 300 South, Box 146704
Salt Lake City, UT 84114-6704
License Number: 6760639-DBTM
View Utah LicenseVermont Licensed Debt Adjuster
State of Vermont
Department of Financial Regulations
89 Main Street
Montpelier, VT 05620-3101
License Number: DA-28
View Vermont LicenseVirginia Credit Counseling Agency
Bureau of Financial Institutions
State Corporation Commission
1300 East Main Street, Suite 800
P.O. Box 640
Richmond, VA 23218-0640
License Number: DC-91
View Virginia LicenseWisconsin Licensed Adjustment Service Company
WI Department of Financial Institutions
4822 Madison Yards Way
North Tower
Madison, WI 53705
License Number: 272
View Wisconsin LicenseDue to exemption or the absence 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 or territories:
- 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.