New York Debt Relief

Money Fit by DRS Inc. has proudly helped thousands of New Yorkers live debt free!

Money Fit by DRS Inc. has proudly helped thousands of New Yorkers live debt free!

New York residents have relied on Money Fit debt relief services for over twenty years to help with credit card debt and other unsecured debt such as collection accounts, payday loans, medical bills and more.

As a non profit, the Money Fit program provides free credit counseling that aims to find solutions to help individuals dealing with the drain of burdensome debt.

Compared to the national average, the typical cost of living in New York is nearly 30% more than other states. In particularly, housing costs are much higher in the Empire State. Given these added costs, New Yorkers must spend more money to purchase housing, transportation and many services available more affordably elsewhere.

The good news is that New York ranks sixths in wages among states at more than $20 per hour on average. Obviously, not all towns and cities provide such high wages. While residents in upstate New York and those in the western towns and cities generally realize lower wages, New Yorkers in general do quite well compared to the rest of the country.


While housing costs in the New York metropolitan area post a particularly strong financial challenge to household stability, housing costs in upstate and the western regions easily range from on par with or well below national averages. For those in the five New York City Boroughs, Mayor Bill de Blasio’s 2014 Housing New York plan is striving to address the high cost of housing in the city. While the plan has a long way to go, there are notable steps being made to help median income households afford housing closer to their places of work.

As a non profit organization, our mission is to help any consumer looking to improve their financial situation through quality debt relief and credit counseling services. There is no fee for our one-on-one credit counseling sessions and we determine together you would benefit from participating in a debt consolidation program, we keep our capped fees within state regulated guidelines.

Money Fit advises individuals to take precautions when choosing whom to work with in repaying your debt. If a deal offered to you sounds too good to be true it most likely is. Also, consider the impact of working with organizations that claim to settle your debt for less than you owe. How much will it cost you in cash out-of-pocket and how will it affect your credit score? The power of a good credit score should not be underestimated.

Resource: Census Quickfacts