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Review 3/1/2011
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i wanted to give a review on money management international because i was at my wits end with a debt of 55,000 and the interest rates on my credit cards were killing my husband and i. so when i was searching for a DMP i was so confused on what company to choose. i decided to pick money mangement international and i'm really happy i did. it's only been 7 months and i'm now down to 47,000. i pay 1300 a month so a lil over 1100 is going towards my prinicpal which is great since b4 the plan i was losing so much money in interest. i want to stress that you MUST change your due dates with your creditors to a certain date cause it takes about 10 days to apply. so for example my due date to creditors is the 4th of every month but MMI withdrawls from my acct on the 23rd every month. my debt free plan is a total of 4yrs and 4 months. btw...they say not to open and credit cards or loans during this time. i did however keep 3 credit cards that had no balance on them and did not include them with my program so they r still open. i have used them but only for emergencies so it doesn't add to my headache lol.
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