Debt Relief For Florida Residents

Florida residents have relied on Money Fit debt relief services for over twenty years to help with credit card debt and other unsecured debt such as collection accounts, payday loans, medical bills, and more.

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As a nonprofit, the Money Fit program provides free credit counseling that aims to find solutions to help individuals dealing with the drain of burdensome debt.

When it comes to the cost of living in the Sunshine State, Floridians can expect to spend about 10% more on average than residents of other states. Transportation and housing costs are particularly more expensive in the land of citrus and alligators, with prices rising the further south you go in the state.

In terms of average wages, Florida ties for 40th with Idaho and Tennessee, with median household incomes about 88% of national figures. Similar to prices, wages tend to be lower in the northern part of the state with higher wages further south, varying by 10% or more.

Credit Card Debt Consolidation is a Pressing Need for Floridians in 2022

In Florida, the average cardholder’s credit card debt as of 2022 was $7,049. That number looks to rise in a post-pandemic world, as consumer spending begins to roar back. The key concern is the reliance on credit cards is increasing while inflation and other economic crisis such as high-energy costs and global instability appear to be cemented in for 2022 due in large part to the Russian invasion of Ukraine.

Consumers that can manage their debt by slowing or stopping their credit card use, and focusing on paying it off, could find themselves in a considerably better financial picture than those who don’t. Especially if any other market disturbances arise. A credit card debt consolidation program, such as the program offered by Money Fit, can help speed up the repayment process.

Payday Loan Consolidation Gives Florida Residents a Fresh-Start

Payday loans & other short-term loans can help get consumers out of an immediate bind. However, recent trends show that many consumers find themselves relying on taking out one loan, to pay another loan, and continuing this expensive cycle until they either exhaust their budget or are forced into finding alternate means of resolving their loans.

Thankfully, Money Fit specializes in payday loan consolidation and helping Floridians escape the vicious borrowing cycle that occurs when trapped in payday loans or other unsecured installment loans.

Getting Help With Debt in Florida

Faced with higher costs of housing across the state, Floridians can turn to the Florida Housing Finance Corporation for help with both first-time homebuyers assistance and affordable rental searches throughout the state.

As a nonprofit organization, our mission is to help any consumer looking to improve their financial situation through quality debt relief and credit counseling services. There is no fee for our one-on-one credit counseling sessions and we determine together you would benefit from participating in a debt consolidation program, we keep our capped fees within state-regulated guidelines.

Money Fit advises individuals to take precautions when choosing whom to work on repaying their debt. If a deal offered to you sounds too good to be true it most likely is. Also, consider the impact of working with organizations that claim to settle your debt for less than you owe. How much will it cost you in cash out-of-pocket and how will it affect your credit score? The power of a good credit score should not be underestimated.

We provide debt relief to all Florida Residents. You are not alone in your desire to live debt-free! Give us a call or contact us today and begin your debt-free journey!

A Pandemic That Posed Many Unique Financial Challenges for Floridians

The pandemic caused by COVID-19 had drastic financial implications for the state of Florida, beginning in 2020.

Early in 2020, when COVID-19 lockdowns went into effect, Florida saw a large spike in unemployment insurance claims, and while the long-term economic impact isn’t fully known, it will certainly have a lasting impact.

While the pandemic isn’t over, jobs and employment have made a drastic comeback as the US and world move towards the endemic stages of dealing with the virus.

Money Fit has compiled resources for individuals that have been negatively impacted financially by COVID-19:

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More Information:

We provide debt relief to all Florida residents. If you’re from one of the cities listed above you can read detailed information as to the statistics behind why debt relief is needed by many individuals in your area. Just remember, you are not alone in your goal to live debt-free!

Additional Resources

Florida Debt Relief

Debt
Consolidation

Consolidate your debt into a more affordable monthly payment.

Florida Debt Relief

Credit Report
Review

Receive free, unbiased, factual advice from an award-winning non-profit organization!

Florida Debt Relief

Debt
Management

We work with your creditors to reduce payments and fees.

Florida Debt Relief

Payday
Loan

Get help with your payday loans and break the borrowing cycle!

Florida Debt Relief

Budget
Calculators

Our free budget calculators will help you track where your money is going and get you ahead with your finances.

Florida Debt Relief

Money Fit
Academy

Courses and other resources to provide you with a financial toolbox.

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