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DEBT MANAGEMENT PROGRAM | MONEY FIT

Negotiates with current creditors to lower or eliminate the interest rate (typically to 2% to 8%) and have clients debt-free in five years or less. There is no prepayment penalty. Clients can leave the program at any time, although the creditors may return the interest rates to previous levels. Regardless of how many creditors are owed, this program works on a single, consolidated monthly payment.

Physical Address

6213 North Cloverdale Road, Boise, ID 83713

Hours

Mon 8 am - 6 pm; Tue 8 am - 6 pm; Wed 8 am - 6 pm; Thu 8 am - 6 pm; Fri 8 am - 6 pm;

Application process

Free counseling session via phone, email, or text; Clients who choose to enroll can sign the agreement provided by the counselor

Fee

Fees vary by state: Enrollment $25 (NE) or $50 (IA); Administrative monthly fee is 15% of payment to creditors, with a maximum of $75

Required documents

Recent credit card, store card, and collection account statements; if not available, recent information may be pulled from a credit report; a list of monthly household expenses is helpful but can be created with the counselor

Eligibility

Open to any consumer struggling with their debt payments; clients need steady and sufficient income to make the new monthly payments

Languages

English, Spanish

Agency info

MONEY FIT

Debt relief programs focusing on preventing financial issues and helping individuals develop competencies in personal finance.