Military Debt Support
Military and Veteran Debt Help
If credit cards or other debts are putting pressure on your household budget, a nonprofit Money Fit counselor can help you look at the numbers and possible next steps. Active-duty servicemembers pay no Money Fit fees, and veterans who enroll receive a 50% enrollment fee waiver.
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Save more than $250 per month on average*
Clients who enroll in a Money Fit debt management plan reduce their total monthly debt payments by more than $250 on average.
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One monthly payment and a faster payoff path
Combine eligible debts into one payment and work toward paying balances in full sooner than making minimum payments alone.
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A practical plan and greater peace of mind
Know what you will pay, where the money goes, and what happens next, with support available along the way.
*Based on 2025 Money Fit debt management plan enrollment data. Individual payment changes and results vary.
Working with major creditors through a debt management plan
Money Fit works with many major credit card issuers and unsecured creditors. If a plan fits your budget and an account is eligible, you make one monthly payment to Money Fit and we send the funds to participating creditors.
The logos are examples, not a complete list or an endorsement. Participation and available terms depend on the creditor and account.
How Money Fit helps servicemembers and veterans
If you are serving on active duty, Money Fit will not charge you for credit counseling or for participating in a debt management plan. That means no counseling fee, no enrollment fee, and no monthly plan fee. You do not have to be deployed or request a separate hardship waiver.
Veterans receive free credit counseling and a 50% enrollment fee waiver if they choose to start a Money Fit debt management plan. Money Fit has offered the active-duty benefit for almost 23 years. To our knowledge, Money Fit is the only national nonprofit credit counseling organization that waives both enrollment and monthly plan fees for every active-duty servicemember.
You still repay the debts included in the plan. The waiver removes Money Fit's fees, not the monthly payment that goes to your creditors. Before you enroll, a counselor will show you which accounts may be included, what the payment would be, and what can vary.
Why we say "to our knowledge": Money Fit reviewed publicly available fee policies from national nonprofit credit counseling organizations. Other agencies may offer free counseling or waivers tied to hardship or deployment, and policies can change.
You do not have to take our word for it
Money Fit is the consumer service of Debt Reduction Services, Inc. You can confirm the agency's memberships in the public directories maintained by the National Foundation for Credit Counseling and the Financial Counseling Association of America.
What active-duty servicemembers and veterans pay
This is not a temporary promotion. Money Fit has offered the active-duty benefit for almost 23 years. Tell us about your service when you speak with a counselor so we can make sure you receive the correct waiver.
Active-duty servicemembers
$0 in Money Fit fees for counseling and a debt management plan- Free credit counseling
- No enrollment fee if you start a debt management plan
- No monthly Money Fit plan fee
- Available whether or not you are deployed
Veterans
50% off the Money Fit debt management plan enrollment fee- Free credit counseling
- Half off the one-time enrollment fee if you start a plan
- Any monthly Money Fit plan fee is explained before you enroll
- No obligation to enroll after counseling
The active-duty waiver applies to fees charged by Money Fit. It does not pay your debts. If you enroll, your monthly payment still goes toward the balances you owe participating creditors. Account eligibility and creditor terms can vary.
If a debt management plan fits your budget
You make one monthly payment to Money Fit, and we send the funds to participating creditors. It is a structured way to repay eligible unsecured debts with support along the way. It is not a new loan, and it is not debt settlement.
Start with the household budget
We look at military pay, other household income, essential expenses, and how much room is actually available for debt payments.
Look at each account
We review balances, rates, account status, and creditor participation to see which unsecured debts may fit the plan.
Review the plan together
You see the proposed payment, included accounts, available creditor terms, the waiver or discount you receive, and what you would be responsible for before you decide.
What we will talk through with you
Military life can make a household budget more complicated. We look at the debts and the real-life changes that can affect what your family can comfortably pay each month.
- Credit cards and other unsecured debts: balances, interest rates, minimum payments, due dates, and account status.
- Payday loans and collections: lender or collector details, payment pressure, and possible repayment paths.
- Income and timing: military pay, spouse income, benefits, and changes that affect monthly cash flow.
- Required expenses: housing, food, transportation, childcare, insurance, medical costs, and family needs.
- Military transitions: deployment, permanent change of station moves, housing changes, and the transition to veteran status.
The plan still has to leave room for everyday life
Removing Money Fit's fees helps, but the payment going to creditors still has to work alongside housing, food, transportation, childcare, insurance, and the rest of your household needs.
If the numbers do not fit, we will tell you. You can still leave counseling with a clearer picture of the debts and other options to consider, without pressure to enroll.
What Money Fit's military waivers cannot change
Money Fit can waive its fees, but we cannot control how every creditor handles every account. Before you decide, we will explain what is known and what may vary.
Not every account will qualify
Creditors decide whether an account can participate and what interest or fee concessions, if any, are available.
You repay the balances included
A debt management plan is designed to repay eligible balances in full. It is not debt forgiveness or a promise to reduce principal.
The payment depends on your accounts
The monthly amount depends on the balances included, available creditor terms, and what your household can maintain.
No one can promise a credit-score result
Credit effects depend on payment history, balances, account reporting, creditor practices, and how the plan is handled over time.
Let us look at the numbers with you
Tell us what you are paying now and what is making the budget difficult. A nonprofit counselor can review the debts, explain the active-duty waiver or veteran discount, and show you what a plan would require before you decide.
Calling or submitting the form does not require you to enroll in a debt management plan.
Frequently asked questions
Is Money Fit debt management really free for active-duty servicemembers?
Yes. Once we confirm active-duty status, Money Fit charges nothing for counseling, nothing to start an eligible debt management plan, and no monthly Money Fit plan fee.
Is Money Fit the only nonprofit with this active-duty benefit?
To our knowledge, yes. Money Fit reviewed publicly available fee policies from national nonprofit credit counseling organizations. Some agencies offer free counseling or waivers tied to hardship or deployment, but we have not found another national nonprofit that waives both enrollment and monthly plan fees for every active-duty servicemember. Policies can change.
Do I have to be deployed to receive the active-duty fee waiver?
No. The benefit is available whether you are deployed or not. We confirm active-duty status, but you do not need to request a separate hardship waiver.
How long has Money Fit offered the active-duty fee waiver?
Money Fit has offered the active-duty benefit for almost 23 years. It is part of our ongoing nonprofit service, not a limited-time promotion.
What discount do veterans receive?
Veterans receive free credit counseling. If you decide to enroll in a Money Fit debt management plan, we waive half of the one-time enrollment fee. Any monthly Money Fit plan fee is explained before you enroll.
Does $0 in Money Fit fees mean my debt payments are free?
No. Money Fit waives its own fees. You still make the monthly plan payment, which we send to participating creditors to repay the eligible balances included in the plan.
What debts can Money Fit review?
During counseling, we can review credit cards, payday loans, unsecured personal loans, collection accounts, medical bills, and other household obligations. Whether an account can be included in a debt management plan depends on the debt type, account status, creditor participation, program rules, and your budget.
Is this a government, VA, or military loan program?
No. This is not a government grant, VA debt program, military loan, or new line of credit. Money Fit is a nonprofit credit counseling organization that offers counseling and debt management plans for eligible unsecured debts.
Is a debt management plan the same as debt settlement?
No. A debt management plan is a structured way to repay eligible debts. Money Fit does not ask you to stop paying creditors as a negotiation tactic and does not promise to reduce the principal you owe.
Does Money Fit sell my information to debt companies?
No. The information you share stays with Money Fit. We do not sell it or send it to a marketplace of lenders or debt companies. We use it to respond to your request and review possible next steps with you.
