Debt Relief Programs
If you’re facing debt in Massachusetts, you’re not alone. Whether you live in Boston, Worcester, Springfield, or anywhere across the Commonwealth, many residents are burdened by rising credit card balances, student loan payments, and high living expenses. At APFSC, we offer personalized, non-profit debt relief and credit counseling services to help you regain control of your finances and eliminate debt with confidence.
The Growing Debt Problem in Massachusetts
Financial Struggles in the Bay State
Massachusetts has a strong economy and some of the highest wages in the country—but that doesn’t always mean financial security. With high housing costs, taxes, and essential expenses, many residents find themselves relying on credit cards or loans to make ends meet. The average credit card debt in Massachusetts is over $6,200, while the average student loan debt exceeds $34,000. Nearly 12% of residents carry student loan balances.
Whether you’re behind on payments or just trying to keep up, APFSC offers realistic, supportive solutions. We help people from all backgrounds and income levels tackle debt and build a better financial future.
How APFSC Helps Massachusetts Residents
Your path to relief starts with a free consultation. One of our certified credit counselors will evaluate your income, expenses, and debt obligations. From there, we’ll create a customized Debt Management Plan (DMP) to simplify your payments and reduce your overall interest.
Here’s what a DMP can help you do:
- Combine unsecured debts into one monthly payment
- Reduce high interest rates through creditor negotiations
- Eliminate late fees and stop collection calls
- Pay off your debt in 3 to 5 years
- Improve your financial literacy and long-term stability
You’ll stay in control of your finances while we provide the structure, accountability, and support to help you succeed.
Common Causes of Debt in Massachusetts
- High housing costs, especially in metro Boston
- Medical bills with limited insurance coverage
- Credit card reliance for daily expenses
- Student loan debt from undergraduate and graduate education
- Employment gaps or inconsistent freelance income
What Makes a Debt Management Plan Effective?
A Debt Management Plan is a structured repayment option for unsecured debt—like credit cards, medical bills, and personal loans. Instead of dealing with multiple balances, due dates, and interest rates, you make a single monthly payment to APFSC, and we distribute it to your creditors.
Benefits of a DMP include:
- Lower monthly payments
- Reduced or waived interest rates
- Protection from collections and legal action
- Steady progress toward becoming debt-free
- Credit score improvement over time with on-time payments
This solution is ideal for people who are ready to repay their debt but need help making it manageable and consistent.
Talk to a HUD-certified housing counselor to get help with the housing challenges you’re facing.
Understanding Your Rights in Massachusetts
Massachusetts has strong consumer protection laws. The Fair Debt Collection Practices Act protects you from harassment, misleading communication, and unfair collection tactics. The state also enforces a statute of limitations, limiting how long creditors can pursue unpaid debts through legal action—typically six years.
If you’ve been contacted by collectors or are unsure of your legal rights, we can help. Our counselors will walk you through your protections and ensure that your repayment plan is fair and enforceable.
Quick Stats About Debt in Massachusetts
- Average credit card debt: $6,277
- Average student loan debt: $34,146
- Residents with student loans: 11.8%
- Total student loan debt in Massachusetts: $32.8 billion
Average credit score in Massachusetts: 732
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 Massachusetts. 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:
