Debt Relief Programs
If you’re struggling with debt in New Jersey, you’re not alone. From rising living costs to student loans and credit card balances, thousands of New Jerseyans face financial stress every day. At APFSC, we offer non-profit debt relief and credit counseling services designed to help you take control, build a plan, and move toward lasting financial freedom.
The Reality of Debt in New Jersey
Debt Overview in New Jersey
New Jersey ranks among the top states in the nation for average credit card and student loan debt. The average credit card balance in the state is over $9,100, well above the national average. In addition, the average student loan debt stands at $37,000+, with approximately 13% of residents actively repaying student loans.
Mortgage payments, transportation costs, and healthcare expenses continue to rise. For many families, this results in living paycheck to paycheck and relying on credit just to cover basic needs. As a result, many residents find themselves in a cycle of debt with no clear exit strategy.
How APFSC Helps You Take Back Control
We specialize in providing practical solutions and personalized guidance to help you get out of debt without relying on risky settlements or bankruptcy. Our services begin with a free credit counseling session, where we assess your income, expenses, and debts to create a clear, customized action plan.
Our programs include:
- Tailored Debt Management Plans (DMPs) to consolidate payments
- Negotiations with creditors to reduce interest and waive fees
- Personalized budgeting and money management coaching
- Ongoing support and progress tracking
- Educational tools for long-term financial success
Top Reasons New Jersey Residents Fall Into Debt
Many of our clients report one or more of the following as key contributors to their financial situation:
- Credit card use to cover everyday expenses
- Job loss or reduced work hours
- High housing and property tax costs
- Emergency medical bills or chronic illness
- Lack of financial education or budgeting habits
What is a Debt Management Plan?
A Debt Management Plan (DMP) is a structured repayment plan that consolidates your unsecured debts into one manageable monthly payment. This does not involve a new loan. Instead, it simplifies your finances and allows you to pay off your debt in full—usually within three to five years—with significantly reduced interest.
We work directly with your creditors to:
- Lower or eliminate interest rates
- Stop late fees and over-limit charges
- Cease collection calls and creditor harassment
- Bring accounts current to help rebuild your credit
This is not a one-size-fits-all approach. Your plan is crafted based on your real budget and your financial goals.
Talk to a HUD-certified housing counselor to get help with the housing challenges you’re facing.
Consumer Rights in New Jersey
As a New Jersey resident, you are protected by both state and federal laws that safeguard your rights as a consumer:
- The Statute of Limitations limits how long a creditor can sue you for unpaid debt
- Wage garnishment laws restrict the amount creditors can take from your paycheck
- The Fair Debt Collection Practices Act protects you from abusive collection tactics
- You have the right to dispute inaccurate items on your credit report
Our certified counselors will help you understand and exercise these rights during your consultation. If you’re receiving constant phone calls or threats of legal action, we’ll help you regain peace of mind while creating a plan to resolve your debt.
Fast Facts About Debt in New Jersey
- Average credit card debt: $9,112
- Student loan debt per borrower: $37,201
- Percentage of residents with student loan debt: 13.1%
- Total student loan debt in NJ: $45.3 billion
- Average credit score in NJ: 714
Explore the data:
- New Jersey Student Loan Statistics
- New Jersey Credit Card Debt Insights
- Debt-to-Income Trends by State
- State Credit Score Averages
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 New Jersy. 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.
Get Help from APFSC Today
If you’re feeling overwhelmed by debt, you’re not alone. APFSC has helped countless New Jersy residents take control of their finances. Contact us today for a free consultation and start your journey toward financial freedom.
Contact Us to learn more or speak with a certified credit counselor!
FAQ
Will a Debt Management Plan hurt my credit?
Your score may dip slightly at the start, but most clients see improvements within 6–12 months due to consistent on-time payments.
Can I include all types of debt in the program?
DMPs typically cover unsecured debts such as credit cards, personal loans, medical bills, and collections.
Do you charge upfront fees?
No. Your first session is completely free. If you choose to enroll in a plan, we’ll explain any fees clearly.
What if I miss a payment?
We work with you to avoid setbacks and keep your plan on track, even if emergencies arise.
Case Studies
Approved agency for all major creditors including:
