American Association of Debt Management Organizations

Posted by on Nov 9, 2007 in Links

American Association of Debt Management Organizations

American Association of Debt Management Organizations (AADMO) members include consumer credit counseling agencies, debt management organizations, credit counselors, personal finance educators, credit and debt information educators, credit counselors and consumer lawyers.

Note: AADMO members include both Non-Profit and For-Profit Debt Management Organizations.

If expensive credit card payments or consumer loan fees are eating up a large part of your paycheck, AADMO members can give you an opportunity to pay your bills while getting the breathing room from your creditors to establish a sustainable budget…

Debt management plans available from members can help you:

  • reduce your monthly payments
  • re-age your obligations (to improve your credit standing)
  • reduce (or even eliminate) the interest on your debts

From their website:

AADMO is the only trade association to have held state law compliance workshops with the New York State Banking Department and the California Department of Corporations… upon enactment of their respective laws governing credit counseling and AADMO is the only trade association for the industry to publish a formal summary of state laws that has been reviewed by state regulators.

American Association of Debt Management Organizations (External Link)
(http://www.aadmo.org/)

If you need to find a consumer credit counseling agency, our Links section includes American Financial Solutions, Credit Counselling Canada, the Association of Independent Consumer Credit Counseling Agencies and the National Foundation for Credit Counseling.

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