Money Management International
HomeTown Bank has partnered with Money Management International (MMI) to provide a free program to help our customers achieve their financial goals. The resources available to HomeTown Bank customers are:
Free credit counseling.
Through confidential one-on-one counseling sessions, MMI’s certified credit counselors will help participants understand their overall financial situation, develop an effective budget and spending plan, and create an action plan for success. Personalized financial help is available face-to-face in select markets, and is available over the telephone and via the Internet 24 hours a day, 7 days a week.
Free Debt Management assistance
When appropriate, counselors may recommend a Debt Management Plan (DMP). A DMP is designed to help participant pay off their debt through a structured repayment plan. By working directly with creditors, MMI credit counselors work on behalf of participants in an attempt to lower interest rates, reduce monthly payments, waive late fees, and eliminate collection calls. This sensible financial solution reduces time for payoff which can save participants hundreds or thousands of dollars in interest and fees. Ordinarily, DMP participants pay a monthly fee. We’re excited to announce that this is a free resource as part of our partnership.
On-demand financial education
MMI has a library offinancial education resources such as articles, videos, downloadable podcasts, eBooks, and worksheets.
To learn more, please contact your branch or click the link here.