Debt Relief Programs
If you’re feeling overwhelmed by debt in Oklahoma, you’re far from alone. From Oklahoma City to Tulsa and small towns across the plains, thousands of Oklahomans are facing rising credit card balances, student loan stress, and mounting living expenses. At APFSC, we offer compassionate, non-profit debt relief and credit counseling services designed to help you reduce your debt and regain financial stability—with a plan that fits your life.
The Growing Debt Problem in Oklahoma
Understanding Debt in the Sooner State
Oklahoma has a relatively low cost of living, but wages often lag behind national averages. Many households rely on credit cards or personal loans to keep up with healthcare, housing, or utility costs. The average credit card debt in Oklahoma is over $5,300, and the average student loan debt is nearing $32,000. Approximately 13.4% of residents are currently managing student loan payments.
For families dealing with medical bills, job instability, or emergency expenses, it’s easy to fall behind. When debts pile up, minimum payments feel like a dead end. That’s where APFSC steps in—with a clear strategy to help you break the cycle and build a better future.
How APFSC Helps Oklahoma Residents
We start with a free, confidential consultation to review your full financial picture. A certified counselor will help you assess your debts, income, and monthly expenses. If you’re eligible, we’ll offer a tailored Debt Management Plan (DMP) that lets you combine your unsecured debts into one predictable monthly payment—often at a reduced interest rate.
With a DMP, you can:
- Simplify your payments into one fixed monthly amount
- Reduce or eliminate interest charges
- Stop late fees and collection activity
- Pay off your debt in 3 to 5 years
- Receive ongoing budgeting and credit-building support
This isn’t a loan or a settlement—it’s a structured repayment plan built around your actual budget and needs.
Common Reasons Oklahomans Fall Into Debt
- Job loss or inconsistent work, especially in oil, gas, or agriculture
- Medical emergencies or underinsured health coverage
- Using credit cards for rent, groceries, or vehicle repairs
- Student loans with high interest and limited repayment options
Lack of emergency savings or budgeting tools
What Makes a Debt Management Plan Work?
A Debt Management Plan (DMP) is one of the most effective and proven ways to pay off unsecured debt without damaging your credit or taking on more loans. Instead of managing multiple due dates and rates, you make one payment to APFSC—and we handle your creditors for you.
Here’s what you get:
- Lower interest rates negotiated with major creditors
- Fewer or no late fees
- Protection from collection agencies
- Steady credit improvement through consistent payments
- Financial education to help you stay on track long after the debt is gone
If you want to pay your debt in full—but need support doing it—this is the path forward.
Talk to a HUD-certified housing counselor to get help with the housing challenges you’re facing.
Consumer Protections in Oklahoma
Oklahoma residents are protected by federal law through the Fair Debt Collection Practices Act (FDCPA), which bans harassment and abuse from collectors. Additionally, the state enforces a statute of limitations, which limits how long creditors can sue you over past-due debt—typically five years for most types.
If you’re receiving threats, court notices, or wage garnishment warnings, APFSC can help you understand your rights and take action before things escalate.
Oklahoma Debt Statistics
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 Oklahoma. 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:
