Debt Relief Programs
If you’re facing debt in South Carolina, you’re far from alone. Thousands of individuals and families across the state are struggling with credit card balances, medical bills, personal loans, and student loan debt. At APFSC, we offer trusted non-profit debt relief and credit counseling services designed to help you regain control of your finances and eliminate debt with confidence.
The Growing Debt Problem in South Carolina
Debt Overview in South Carolina
South Carolina residents carry some of the highest levels of consumer debt in the region. The average credit card debt per borrower is $5,714, while the average student loan balance is $38,695. Approximately 14.1% of residents currently hold student loan debt, with the total outstanding across the state exceeding $29.3 billion.
These financial pressures are worsened by inflation, rising housing costs, and limited access to affordable credit. As a result, many households fall behind on payments and face collection calls, fees, or even legal action. That’s where APFSC steps in—with proven programs and experienced counselors.
How APFSC Supports Your Financial Journey
Our process starts with a free credit counseling session, where we evaluate your income, expenses, and total debt. Based on your situation, we develop a custom Debt Management Plan (DMP) to consolidate payments and reduce your interest burden.
We work directly with your creditors to:
- Negotiate lower interest rates
- Eliminate late fees and penalties
- Stop collection calls
- Help you pay off your debt in 3–5 years
- Rebuild your credit with consistent payments
Our mission is simple: help South Carolina residents become debt-free while building financial literacy and confidence.
Common Causes of Debt in South Carolina
- Emergency expenses and lack of savings
- Job loss or inconsistent employment
- Credit card dependence for daily living
- Medical debt without insurance coverage
- High interest rates on unsecured loans
What Makes a DMP Effective?
A Debt Management Plan allows you to roll multiple unsecured debts (like credit cards, medical bills, and personal loans) into one manageable monthly payment. Unlike a loan, you’re not borrowing more money—you’re simply restructuring what you already owe with better terms.
Once enrolled:
- You stop juggling multiple due dates
- You pay less interest overall
- You avoid bankruptcy and legal action
- Your credit improves as you stay current
Our team supports you every step of the way—from enrollment to debt freedom.
Talk to a HUD-certified housing counselor to get help with the housing challenges you’re facing.
Know Your Rights as a South Carolina Consumer
Debt collection in South Carolina is regulated under both federal and state laws. The Fair Debt Collection Practices Act (FDCPA) protects you from harassment, deception, or threats. Additionally, South Carolina laws limit wage garnishment and impose a statute of limitations on how long debts can be collected through the courts.
We make sure you understand and exercise your rights while helping you find the best path forward.
Quick Facts About Debt in South Carolina
Why Choose APFSC?
As a non-profit organization, APFSC is focused on helping you—not profiting from your situation. We offer judgment-free support, transparent options, and actionable steps to help you get back on track.
When you contact us, you’ll speak with a certified counselor who understands the financial challenges unique to South Carolina. You’ll receive a personalized action plan based on your income, debt, and long-term goals. There’s no obligation, and your first session is completely free.
FAQ
Will a Debt Management Plan hurt my credit score?
Initially, it might dip slightly, but most clients see improvement over time as they make consistent on-time payments.
How long does the program take?
Most people complete their plan in 3 to 5 years, depending on how much they owe.
Can I still use my credit cards?
Once enrolled in a DMP, those accounts are typically closed to help you stay on track.
Is my information kept confidential?
Yes. All consultations and services are private and secure.
Case Studies
Approved agency for all major creditors including:
