Debt Relief For Idaho Residents

Idaho residents have trusted Money Fit to provide exceptional service when it comes to receiving guidance and assistance for help in navigating their debt relief needs for more than twenty years. In fact, Idaho is home to our nonprofit organization’s headquarters, in Boise. While we provide debt relief nationally, Idaho is where it all began. Whether individuals in Idaho are seeking help with credit card debt, private student loans, or other types of unsecured debt such as collection accounts, payday loans, or medical bills, we’re always eager to help our neighbors in the Gem State!

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Getting help from a nonprofit debt relief service, such as Money Fit, comes with some excellent benefits.

We’re not a typical debt relief organization, in fact, we’re so much more. We spend hundreds of hours each year, teaching the youth of Idaho about the perils of debt and how they can take control of their financial future early on in life.

It’s our intention to help individuals prevent financial emergencies through education. To some, the organization may seem counter-intuitive, however, it’s our organizational mission that “Everything Revolves Around Education.” The healthier the personal finances are within our community members, the better everyone’s overall quality of life is.

Money Fit Credit Counselors are highly skilled and qualified to help. They’ll treat you with compassion and understanding. While you’re certainly not alone in your desire to manage your finances, your situation is unique and when you seek debt relief from Money Fit, you can rest assured you’ll be listened to and receive effective and confidential care.

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

In Idaho, the average cardholder’s credit card debt as of 2022 was $5,978. 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 Idahoans 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 Idahoans escape the vicious borrowing cycle that occurs when trapped in payday loans or other unsecured installment loans.

Idaho Is Booming: Specifically the Treasure Valley

Idaho may be widely known for its ’s and ’s but the fact is the state is growing rapidly. A growing concern in Idaho is the recent take-off in home buying and rental costs. Research on the real estate website Zillow shows a 17.4% rise in home values over the last year (Feb. 2018 to March 2019.)

The Idaho Statesman published an interesting article towards the end of 2018 that detailed how the rise in home values has pushed many potential buyers out of the market. Rental prices have been rising drastically as well and unfortunately, those that have limited income or financial woes are finding it increasingly more difficult to adjust.

We’ve seen projections stating the Treasure Valley population will likely cross the 1 million mark within 20 years, if not considerably quicker. These changes highlight the need to improve our community’s overall financial health which we remain 100% committed to assisting with.

Getting Help With Debt In Idaho

Money Fit recommends that residents take a cautious approach when seeking debt relief services. Unfortunately, there are several for-profit businesses that have poor track records. If you find a deal that appears too good to be true, it’s likely that it is.

We know that dealing with debt can be tiring and frustrating. We’ve heard from several individuals that they wish they’d first researched a business that they signed up with, however, they were quick to shed the burden of debt and in some cases, their situation ended up worse.

We recommend that you take time with your research and reflect on the short-term and long-term implications such as the total costs to you as well as what, if any, damages may be made to important items such as your personal credit history and score. There is much on the line, being up-front and asking questions, and doing research will greatly improve the chances that you’ll find a resolution to your debt that satisfies your needs.

A Pandemic That Posed Many Unique Financial Challenges for Idahoans

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

Early in 2020, when COVID-19 lockdowns went into effect, Idaho 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:

Sources:

Additional Links & Resources

More Information:

We provide debt relief to all Idaho 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. Remember, you are not alone in your goal to live debt-free!

If you’re an educator in the Treasure Valley, be sure to reach out if you’d like Money Fit to provide personal finance education support to your school or university.

Additional Resources

Idaho Debt Relief

Debt
Consolidation

Consolidate your debt into a more affordable monthly payment.

Idaho Debt Relief

Credit Report
Review

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

Idaho Debt Relief

Debt
Management

We work with your creditors to reduce payments and fees.

Idaho Debt Relief

Payday
Loan

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

Idaho Debt Relief

Budget
Calculators

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

Idaho Debt Relief

Money Fit
Academy

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

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