Quick Facts
Full Review
Apprisen goes back to 1955, when it started as Consumer Credit Counseling Service (CCCS) of the Midwest. That makes them one of the oldest credit counseling organizations in the country. They've served over 750,000 people over that span. Based in Gahanna, Ohio, they hold a BBB A+ rating (accredited since 1981) and NFCC certification.
How Their DMP Works
Setup fee of $45 and monthly fees of $45. Those fees may be reduced or waived based on your financial situation, but the listed rates are higher than what ACCC or Take Charge America charge. If Apprisen can get you the same interest rate reductions as competitors (and with 70 years of creditor relationships, they likely can), the higher monthly fee is worth evaluating against alternatives.
Unique Tools
Apprisen offers IRIS, a secure online financial analysis platform that lets you track your progress and manage your budget. They also provide free pre-bankruptcy counseling ($25 for an online session) and post-bankruptcy education ($50 for a group workshop). Student loan education sessions are completely free.
What Customers Say
Reviews are strong at 4.9 stars from over 100 clients. Customers consistently praise knowledgeable staff and effective debt reduction strategies. The review volume is smaller than the biggest national agencies, but the consistency is notable. There are very few negative reviews to analyze.
Who Should Consider Apprisen
Apprisen is a particularly good fit if you value institutional history and want an agency that's been negotiating with creditors for nearly 70 years. The IRIS platform is a nice touch for people who want to track their progress online. Just compare the $45/month fee against cheaper alternatives like ACCC or Take Charge America to make sure the value is there for you.
Pros and Cons
Pros
- One of the oldest agencies in the U.S. (founded 1955)
- BBB A+ since 1981, NFCC certified
- 4.9-star average from 100+ client reviews
- IRIS online financial tracking platform
- 750,000+ people served
Cons
- $45/month fee is higher than some competitors
- Smaller online review footprint than national brands
- Fees may not be waived as readily as some agencies
- Primarily Midwest-focused, though available nationally
Where to Read More
Read reviews on: BBB, ConsumerAffairs