Debt Consolidation For South Carolina Residents

A debt-free life may seem far away, but a good debt management program could be the bridge to get you there faster. Getting started with a debt management program is the first step to debt consolidation. Remember, the path to financial freedom isn’t easy but it is well worth it!

South Carolina Debt Consolidation
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Money Fit has helped South Carolina residents find exceptional debt consolidation, especially when it comes to repaying their credit card and other unsecured debt, for over twenty years now. We’re proud to have built such amazing relationships with individuals and organizations over that time.

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

We’re not your typical debt consolidation organization; we are much more. Money Fit spends hundreds of hours every 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 able to assist.

Our primary goal is 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.” We believe that the healthier the personal finances are within our community, the better everyone’s quality of life can be.

Money Fit Credit Counselors are highly skilled and trained 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 the best, personalized care.

Pandemic Poses Many Unique Financial Challenges for South Carolina Residents

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

Early in 2020, when COVID-19 lockdowns went into effect, South Carolina 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 South Carolina

September 2019 – August 2020 – Data From stlouisfed.org

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

South Carolina Statistics That Display The Need For Debt Consolidation

The average household credit card debt in South Carolina in 2018 was $5,801. To put it in perspective, in comparison to the other states on the list, South Carolina ranks 50th when it comes to average household credit card debt. That’s really good! However, credit card debt, unless paid in full each month, can be expensive, and take years to repay.

South Carolina 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. Even though South Carolina residents have the lowest average, they still have thousands of dollars in credit card debt. The balances owed are really 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, South Carolina shows a growing need for personal debt consolidation.

Getting Help With Debt in South Carolina

Money Fit recommends that residents take a cautious approach when looking for financial assistance services. Unfortunately, several for-profit businesses have poor track records. If you find a deal that appears too good to be true, it likely is.

We understand 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.

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Additional Links & Resources

More Information:

We provide debt consolidation to all South Carolina 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 a debt-free life!

Additional Resources

South Carolina Debt Consolidation

Debt
Consolidation

Consolidate your debt into a more affordable monthly payment.

South Carolina Debt Consolidation

Credit Report
Review

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

South Carolina Debt Consolidation

Debt
Management

We work with your creditors to reduce payments and fees.

South Carolina Debt Consolidation

Payday
Loan

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

South Carolina Debt Consolidation

Budget
Calculators

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

South Carolina Debt Consolidation

Money Fit
Academy

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

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