Debt Relief Programs
If you’re struggling with debt in South Dakota, you’re far from alone. From Sioux Falls to Rapid City, and across the state’s rural communities, many South Dakotans are managing growing credit card balances, student loan debt, and financial uncertainty. At APFSC, we offer personalized, non-profit debt relief and credit counseling services to help you reduce your debt and build a stable financial future.
The Growing Debt Problem in South Dakota
A Closer Look at Debt in South Dakota
South Dakota has a relatively low cost of living, but income levels in many areas haven’t kept pace with inflation. The average credit card debt per borrower is over $5,200, while the average student loan debt is just under $32,000. Approximately 10.9% of residents carry active student loans.
Many households face challenges due to seasonal employment, healthcare expenses, or using credit to cover everyday needs. Without a solid plan, these debts can snowball quickly. That’s where APFSC comes in—with a structured and compassionate approach to help you regain control.
How APFSC Helps South Dakota Residents Pay Off Debt
We begin with a free, confidential consultation, where our certified counselors assess your financial situation. We’ll look at your income, expenses, and total debts, and if you qualify, we’ll enroll you in a customized Debt Management Plan (DMP) to consolidate your unsecured debts into one affordable monthly payment.
Our DMP gives you:
- A simplified, fixed monthly payment
- Negotiated lower interest rates with creditors
- Freedom from late fees and collection calls
- A 3 to 5-year roadmap to becoming debt-free
- Ongoing education and budgeting support
This is not a loan—it’s a structured repayment plan that works with your budget and keeps you in control.
Why South Dakotans Fall into Debt
- Seasonal or agricultural income instability
- Medical bills with limited or no insurance coverage
- Using credit cards to cover essential expenses
- High-interest student loan payments
- Limited financial education or savings resources
Why a Debt Management Plan Works
A Debt Management Plan is ideal for individuals who are struggling with unsecured debt but want to avoid bankruptcy or debt settlement. Once enrolled, you make one monthly payment to APFSC, and we pay your creditors—often with reduced interest and waived fees.
Benefits of a DMP:
- Lower total cost of debt over time
- Protection from collection agencies and lawsuits
- Better credit score as payments are made consistently
- Elimination of juggling multiple due dates and balances
- Peace of mind knowing there’s a plan in place
You’ll stay on track with our ongoing support, and most clients finish their plans in 3 to 5 years.
Talk to a HUD-certified housing counselor to get help with the housing challenges you’re facing.
Your Consumer Rights in South Dakota
As a South Dakota resident, you’re protected by the Fair Debt Collection Practices Act (FDCPA), which prohibits harassment, threats, or deceptive tactics by debt collectors. South Dakota also enforces a statute of limitations on debt collection—generally six years for most types of unsecured debt.
If you’re facing aggressive calls or legal action, we’ll help you understand your rights and provide a clear path forward.
South Dakota 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 South Dakota. 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:
