Debt Consolidation in Miami

Combine eligible debts into one structured monthly payment—with support from a certified, nonprofit counselor serving Miami and communities across Florida.

✓ One structured monthly payment — no new loan
Eligible debts may be organized into a single payment through a nonprofit Debt Management Plan.
✓ Personalized counseling and budget review
Review your full financial picture and receive clear, practical next steps.
✓ Possible interest and fee reductions
We work with participating creditors to seek lower rates and certain fee relief when available.

Explore Debt Counseling Programs

Free, no-obligation consultation.

We Work With Major Credit Card Companies (and Many More)

This is just a sample of the many creditors we work with to help Miami residents reduce debt through a nonprofit Debt Management Plan.

Debt Consolidation in Miami, Florida

From the iconic beaches of South Beach to the vibrant neighborhoods of Little Havana, Miami residents face high living costs and mounting debt. Nonprofit debt consolidation combines eligible debts into one predictable payment, reducing total repayment costs. No hard credit pull for counseling; no obligation.

Miami skyline at twilight with illuminated high-rises, Biscayne Bay, and palm trees in the foreground.

How it helps: One monthly payment, potential interest reductions and fee relief through a nonprofit Debt Management Plan—without a new loan or balance transfer.

Reviewed by Money Fit Team • Updated December 26, 2025

What is debt consolidation?

Debt consolidation combines eligible unsecured debts into a single, structured payment—without taking out a new loan. Through a nonprofit Debt Management Plan:

Make one monthly payment to the program.
We work with creditors to reduce interest and waive certain fees.
Focus on repayment and stability, not new borrowing.

Why consolidation makes sense in Miami

Miami’s dynamic economy, fueled by tourism, international trade, and real estate, faces high rents and seasonal income. Steep APRs and compounding interest can trap balances. Consolidation offers structure and relief across neighborhoods like Brickell and Wynwood.

Who we help

Consolidation may fit if you’re managing:

Credit cards and retail/store cards
Collections from utilities, telecom, or medical providers
Payday loans and other high-cost short-term debt
Medical bills and other unsecured balances

“Money Fit’s plan helped me after a slow tourism season—lower rates gave me breathing room.” — Camila, Miami

“The counselor understood my freelance life. One payment simplified my finances.” — Alejandro, Miami

How our program works

1. Free conversation — a certified nonprofit counselor reviews your income, expenses, and debts.

2. Personalized plan — if consolidation is a fit, we design a budget-aligned payment schedule.

3. Creditor proposals — we request interest reductions and fee relief directly with creditors.

4. One payment, ongoing guidance — you make a single monthly payment and receive support through completion.

When to consider consolidation

Minimums are getting paid but balances aren’t dropping
Frequent late fees or accounts slipping behind
Card promo rates ended and APRs jumped
You want a structured, nonprofit path to become debt-free

Santiago’s vibrant recovery in Miami

Santiago, a hospitality worker in South Beach, thrived on tips during peak season but struggled when tourism slowed. Credit cards covered rent and family remittances, but high interest rates turned vibrant nights into financial stress.

A coworker shared Money Fit’s info, and Santiago called for bilingual support. His counselor crafted a Debt Management Plan around seasonal earnings, negotiating lower rates that matched his variable income.

As balances fell, Santiago enjoyed Art Basel events without worry. The program’s flexibility helped him send more home, turning Miami’s energy into renewed opportunity.

*The quotes and story above are representative scenarios based on common client experiences. Names and details have been modified for privacy.

Additional resources

Licensed Debt Relief Services in Florida

Money Fit by DRS, Inc. is licensed and provides Debt Relief Services in the State of Florida.
Florida Department of State, Division of Corporations
The Centre of Tallahassee
2415 N. Monroe St., Suite 810
Tallahassee, FL 32303
https://dos.myflorida.com/sunbiz/
Registration Number: F11000000204
Proudly serving Miami and communities across South Florida.