Debt Consolidation For Oklahoma Residents

If you’re hoping to buy a home where the buffalo roam but are too burried in debt to have a chance; a debt management program may be the anwser for you. Remember, the path to financial freedom isn’t easy but it is well worth it!

Oklahoma Debt Consolidation
Home Page - Quote
Privacy Checkbox

Money Fit has proudly helped Oklahoma residents find debt consolidation, especially when it comes to paying off their credit card and other unsecured debt, for more than twenty years now. We’re proud to have built wonderful relationships with individuals and organizations over that period of time.

There are many benefits to getting help with debt from a nonprofit debt consolidation service, such as Money Fit.

We’re not a typical debt consolidation organization, in fact, we’re so much more. We spend hundreds of hours each year teaching people of all ages about the perils of being in debt and how they can build a solid financial foundation. We take a proactive approach to finances, however, if there are current financial issues, we’re ready and willing to assist.

It’s our goal to help prevent financial discourse through education, which to some businesses could seem counter-intuitive, however, it’s our mission that “Everything Revolves Around Education.” Our belief is that the healthier the personal finances are within our community, the better everyone’s quality of life can be.

Money Fit Credit Counselors are well-versed in personal finance and qualified to help. They’ll treat you with care, compassion, and understanding. You will be treated as an individual. We know that your situation is unique and when you seek debt consolidation from Money Fit, you’ll receive personalized care.

Pandemic Poses Many Unique Financial Challenges for Oklahomans

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

Early in 2020, when COVID-19 lockdowns went into effect, Oklahoma 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.

COVID-19 Impact on Unemployment Rate in Oklahoma

September 2019 – August 2020 – Data From stlouisfed.org

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

Oklahoma Statistics That Display The Need For Debt Consolidation

The average household credit card debt in Oklahoma in 2018 was $8,059. To put it in perspective, in comparison to the other states on the list, Oklahoma ranks 16th when it comes to average household credit card debt. Credit card debt, unless paid in full each month, can be expensive, and take years to repay.

Oklahoma Residents Carry Near The Same Amount Of Credit Card Debt As The National Average

The average US household carries $6,829 in credit card debt. Unfortunately, Oklahoma residents are far above that mark. The balances owed are quite high, especially when you determine the costs associated with paying off debt over a lengthy time.

When it comes to student loans in default, or delinquent automobile & medical debt, Oklahoma shows a growing need for personal debt consolidation.

Getting Help With Debt In Oklahoma

Money Fit recommends that residents take a cautious approach when seeking debt consolidation 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 is 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.

Sources:

Additional Links & Resources

More Information:

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

Additional Resources

Oklahoma Debt Consolidation

Debt
Consolidation

Consolidate your debt into a more affordable monthly payment.

Oklahoma Debt Consolidation

Credit Report
Review

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

Oklahoma Debt Consolidation

Debt
Management

We work with your creditors to reduce payments and fees.

Oklahoma Debt Consolidation

Payday
Loan

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

Oklahoma Debt Consolidation

Budget
Calculators

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

Oklahoma Debt Consolidation

Money Fit
Academy

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

Scroll to Top