Illinois Debt Relief

For more than two decades, Illinois residents have trusted Money Fit for quality service and assistance in navigating their debt relief needs. When Illinoisans look for help with credit card debt, student loans, collections or other types of unsecured debt like payday loans and medical bills, Money Fit will always be ready to help our neighbors in the Prairie State!

Money Fit by DRS Inc. has proudly helped thousands of Illinois residents live debt free!

Money Fit by DRS Inc. has proudly helped thousands of Illinois residents live debt free!

Money Fit by DRS Inc. is fortunate to have helped thousands of Illinoisans become free of debt!

When looking for a third-party to help you pay off your debt, keep in mind the exceptional benefits of working with a nonprofit debt relief service like Money Fit.

Money Fit exists for the sole purpose of helping our clients develop the positive and healthy behaviors, skills and habits required for repaying their debt and living debt free going forward. For the do-it-yourselfers who do not become our clients, we also have a number of great free financial educational programs.

Additionally, you can be confident that we will treat you with the respect you deserve. We admire our clients who have made the decision to take charge of their debts, regardless of how they came into being. Rest assured, our counselors never make you feel bad about your debts. Our focus is on the positive steps involved in becoming debt free.

A third-party certification provider accredits all Money Fit credit counselors and customer experience representatives so we may offer the best possible help to our clients wanting to become debt free. Although many American’s find themselves deep in consumer debt, we recognize that your situation is unique. We listen to you when you share your financial goals and your hopes for becoming debt free. The solutions and assistance we offer will never feel like punishment but like pathways to debt freedom.

Illinois Statistics That Highlight The Need For Personal Debt Relief

Illinois ranked right in the middle of the pack in 2018 for the amount of credit card debt consumers carried from month to month. At #24 among the states and the District of Columbia, the average Illinoisan carried $7,278 in credit card debt. Still, Illinoisans have an average of $1,809 more credit card debt than citizens of their fellow midwestern state of Ohio, at the bottom of the list, whose citizens carry just over $5,400 from month to month.

At the average interest rate between 14% and 17%, the typical Illinoisan with a balance on his or her credit card will pay between $1,000 and over $1,200 a year in credit card interest.

While citizens of the Sucker State are actually a bit better off compared to the US generally when it comes to having an emergency savings fund (according to the 2018 FINRA Foundation Financial Capabilities survey), nearly half of Illinoisans are still without any emergency savings fund whatsoever.

Illinois Housing Trends Leading to Future Crisis

While Illinois has seen its housing market skyrocket since the Great Recession, the good news is that the steadily increasing home prices of 2013 through 2018 began leveling off to a very modest 1.3% in 2019. Unfortunately, Illinois finds itself 80% above the national average when it comes to the number of homes with negative equity (upside down, meaning they are worth less than what is owed on them). What’s more, the delinquency rate for Illinois homes is nearly 20% above the national average.

Another factor in the economic challenges Illinois is facing has to do with the continued outmigration of workers of prime working age. Paired with an economy being outpaced by the majority of other states, citizens in the Land of Lincoln might just find themselves in deeper financial trouble when the economy takes a turn for the worse.

Regardless of the future for Illinoisans, you can take heart Money Fit will have nonprofit programs and services to help you address your debt, budgeting, spending and savings struggles whenever you are ready to make a change.


Money Fit suggests Illinoisans take care to differentiate between debt settlement companies and nonprofit credit counseling agencies when looking for help with debt relief. As the Wall Street Journal noted, debt settlement companies often abandon their promises of a debt consolidation loan and push their clients to negotiate their debt, leaving them in greater debt with a worse credit rating than when they started.

Since 1996, we have built the trust of our clients and community members who have used our debt management programs, attending our financial education workshops, or accessed our helpful materials online. Beyond the awards and recognition our company and employees receive, our greatest reward comes from those whom we have helped to become debt free.

We don’t ask to be the first company you contact for help with your debt and credit building needs. Just make us your next contact.


Average Credit Card Debt by State

How Illinoisans are Making Ends Meet Compared to the Rest of the US

10 Year History & Forecast of Illinois Home Prices

State of the State 2019

Wall Street Journal Warnings about Debt Settlement Offers

We provide debt relief to all Illinois residents.