Credit Rating Businesses Customer Services Center Consumer Response Team Local: 651-539-1600 Better MN: 1-800-657-3602
Debt Management organizations Department of Commerce Financial Services Division Local: 651-539-1703 better MN: 1-800-657-3602
Numerous customers who will be in a financial obligation crisis seek assistance from credit guidance solutions as an option to bankruptcy. While there are lots of reputable agencies helping consumers move out and remain away from financial obligation, there are additionally a growing amount of organizations which are out to victimize the consumer that is debt-ridden.
Claims of quick financial obligation decrease or debt consolidation plans with a high in advance charges (within the hundreds or 1000s of dollars) ought to be a red banner to customers. Choosing the incorrect credit guidance solution could cause you considerable harm that is financial.
The Minnesota Department of Commerce oversees two forms of credit companies:
Credit Provider Companies
These lenders, for a cost, offer education and advice that is personalized customers.