STAFFORD, Texas, May 01, 2025 (GLOBE NEWSWIRE) — New data from Money Management International (MMI), a leading national nonprofit credit counseling agency, reveals a striking shift: men are reaching out for credit counseling services in significantly higher numbers than previous years, and they carry more debt, even as they earn more income than their female counterparts.
In 2024, MMI saw a disproportionate year-over-year increase in single men seeking financial counseling and debt management, outpacing the increase among single women. While women still make up the majority (65%) of single clients at MMI, the rapid growth among men marks a potentially meaningful shift in financial behavior and, perhaps, the stigma surrounding financial instability.
“Traditionally, we’ve always seen more women than men reaching out for help,” said Thomas Nitzsche, VP of Public Relations at MMI. “But this year, we’re seeing an increase in …