Debt Relief For New Jersey Residents

New Jersey 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 since the 1990s. Whether individuals in New Jersey 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 Garden State!

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

First, our organization exists solely to help our customers develop the behaviors, skills, and knowledge needed to repay their debt and live debt-free for good. Regardless of whether you become a debt management client or not, we have multiple avenues of assistance to offer.

Second, we will treat you as a friend and family member. Money Fit Credit Counselors work with thousands of individuals each year, helping them with their own personal financial struggles. Our counselors understand no two stories are alike and are ready to listen and understand yours before offering an appropriate solution.

Money Fit Credit Counselors are certified by an independent third party to help consumers become debt-free. They will treat you with respect and compassion. You may not be alone in your desire to better manage your debts, but your situation is unique. When you work with Money Fit for debt relief, you can be confident that we will listen to your goals and offer effective and respectful assistance.

Credit Card Debt Consolidation is a Pressing Need for New Jersey Residents in 2022

In New Jersey, the average cardholder’s credit card debt as of 2022 was $7,872. 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 New Jersey 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 New Jersey residents escape the vicious borrowing cycle that occurs when trapped in payday loans or other unsecured installment loans.

Getting Help With Debt In New Jersey

Money Fit suggests New Jerseyans be careful when looking for debt relief services. Regrettably, many for-profit businesses and even some nonprofit agencies have weak performance and achievements where debt settlement is concerned. Many will promise to get you out of half of what you owe. When it sounds too good to be true, it probably is.

Having to deal with debt can be challenging and wearisome. We hear often from panicked consumers who wished they had looked around more thoroughly for solutions to their debt before signing up with a settlement company. Too often, we learn that their debt situation turned out worse after trying to settle than it had been beforehand.

It is always advisable to ensure you understand the short and long-term effects of working with various debt companies. Consequences to consider include the total cost to you of the service, potential damage to your credit rating, and whether the agency is even registered with the proper authorities. Be direct with your questions, and get all promises in writing. After all, this is your hard-earned money on the line, and you want an organization that will help you resolve your debt challenges, not add to them.

A Pandemic That Posed Many Unique Financial Challenges for New Jersey Residents

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

Early in 2020, when COVID-19 lockdowns went into effect, New Jersey 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 deliver debt relief to all New Jersey 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!

Additional Resources

New Jersey Debt Relief

Debt
Consolidation

Consolidate your debt into a more affordable monthly payment.

New Jersey Debt Relief

Credit Report
Review

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

New Jersey Debt Relief

Debt
Management

We work with your creditors to reduce payments and fees.

New Jersey Debt Relief

Payday
Loan

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

New Jersey Debt Relief

Budget
Calculators

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

New Jersey Debt Relief

Money Fit
Academy

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

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