Financial Education is at the core of everything we do at CC of Minnesota. From workshops on Budgeting to our 1st Time Home Buyer program. We are particularly proud of our local, community-based educational programs. Learn more about the financial education programs that have helped thousands reclaim their financial health.
Do you feel like, if you knew more,
you would do things differently?
- Everyone seems more disciplined than you with their finances.
- Your ready for a fresh start but need to information to do better.
- A small commitment in time, will make a big difference in you.
Financial Education is key, it's empowering & life-changing!
Our Program Director Discusses the Various Types of Financial Education Workshops.
He explains the value of financial education and how it will impact the way you live your life moving forward. Our Financial Education department is keenly aware that most people were never taught this basic knowledge their entire life. He will encourage you to sign up today for a workshop because it is never too late to start and this information will be the catalyst for change. You can :
- Learn how to create a budget you can live with.
- You will learn about credit and how to handle it better.
- You can learn important information when buying a home, and get paid!
- You will learn about valuable resources that are available to you
Can A Financial Education Class Really Help Me?
We will take all of your debts and combine them into one affordable monthly payment. After evaluation of your personal financial situation, we provide you with practical budget counseling services and work with you and your creditors to build a budget you can live with. Our debt management plans do not include a debt consolidation loan and unlike debt settlement services, we do not require an up-front fee.
Non profit organization, helping thousands restore their financial health
No large upfront fees, like debt settlement companies ask for, to help you.
You meet with certified counselors in-person, online, or by phone
We provide the education and resources you need to succeed!
Success Stories
Our #1 source of referrals.
Mehriban Sirin, Guidance Counselor at Rochester Academy Charter School"Thank YOU for providing this awesome program to the students. They learn, educate and earn. Learning about financial literacy is a very important step for them to be successful in their life, and in this program, they learn about it while teaching others. They are practicing different skills such as presenting, getting prepared for the presentation, finding and arranging their peers to teach, having them get interested (marketing), getting over their anxiety while presenting, etc. These are all things that many students find hard not only doing but trying. So, you motivate them to have the experience of these skills. Thank YOU!"
Frequently Asked Questions
A Debt Management Program is a payment plan between you, CC of Minnesota, and your unsecured creditors. In this plan, creditors agree to offer special concessions to help you get out of debt. These concessions may include reducing your interest rates and stopping late and over-limit fees. This plan can reduce the months or years of repayment.
Debt settlement programs are typically offered by for-profit companies and some law firms to help consumers who are unable to repay their unsecured debts as originally agreed or through other creditor-approved repayment options, such as hardship programs or debt management plans. In a debt settlement program, you make monthly payments to the settlement provider instead of directly to your creditors. Those funds are held in a dedicated account until enough money has accumulated for the provider to attempt to negotiate a settlement with one or more of your creditors for less than the full amount owed. During this process, your creditors generally are not receiving payments. As a result, collection efforts continue or increase, and creditors may assess additional interest and fees, report missed payments to the credit bureaus, file lawsuits, or pursue other legal remedies. Not all creditors agree to settle debts, and there is no guarantee that a settlement offer will be accepted.
We assist our clients with reducing the interest rates to help make their payments more affordable and to pay off the debt in a more timely manner. However, we do not reduce the overall balance as this would be a considered a debt settlement.
We offer a free 1-hour consultation with one of our credit counselors to determine the best course of action. If we set up a repayment program for the customer (a Debt Management Plan) the cost is $50.00 one-time set up fee, and monthly fee of up to $50.00 (max). If customer is only paying 1 credit card or has low balances there may be lower monthly fee.
When you are initially enrolled into the program, the creditors can close the accounts. This can cause a slight decline. However, as you make consistent on time Debt Management Plan payments, each creditor on the plan will update the credit report each month. This can cause a positive effect over the course of the program as you pay down the debt.
Have Questions?
You can call or email us.
Call Our Office
Often times a phone call can answer all your questions at the same time. We are always happy to talk to you.
Call (952) 544-6800
Email Us Directly
Whether you have a question or you want us to call you, send us an email and we will respond promptly.