Business Details
30 Years
experience
Your Trusted Partner for Debt Relief Solutions
Debt Reduction Services was founded in 1996 with a mission to empower individuals toward financial stability through personalized credit counseling and debt management solutions. As a nationwide nonprofit organization licensed in all 50 states, we specialize in helping clients navigate unsecured debts, including credit cards, payday loans, and medical bills. Our team of certified counselors works directly with creditors to secure reduced interest rates, eliminate fees, and consolidate payments into manageable monthly plans.With ISO 9001:2015 certification and membership in the Better Business Bureau and Financial Counseling Association of America, we prioritize transparency, ethical practices, and client education. Our commitment extends beyond debt relief, offering free financial literacy programs through Money Fit Academy to foster long-term financial wellness. Over 25 years of experience and partnerships with major creditors position us as a trusted advocate for clients seeking sustainable debt-free living.
Services
Debt Management Plan
Credit Counseling
Payday Loan Relief
Medical Debt Help
Bankruptcy Counseling
Housing Counseling
Financial Literacy Courses
Student Loan Counseling
Military Debt Assistance
Collection Debt Negotiation
Details
- Year established: 1996
Highlights and features
- We have over 25 years of experience in debt relief and credit counseling.
- Our ISO 9001 certification ensures quality management standards.
- We offer free financial education courses through Money Fit Academy.
- Licensed to operate in all 50 U.S. states and territories.
- We partner with major creditors nationwide for favorable debt negotiations.
Associations and certifications
- ISO 9001:2015
- Better Business Bureau
- Financial Counseling Association of America
What people say
Excellent service
Financial freedom achieved
Professional counselors
Stress-free process
Transparent practices
Services
Debt Management Plan
Our Debt Management Plan consolidates unsecured debts into one monthly payment. We negotiate with creditors to reduce interest rates and eliminate fees. Clients benefit from structured repayment timelines and personalized financial guidance throughout the process.
Credit Counseling
Certified counselors provide budgeting assistance and debt analysis. Sessions identify root causes of financial distress and create actionable repayment strategies. Free educational resources help clients build sustainable money management habits.
Payday Loan Relief
We negotiate reduced interest rates and stop auto-drafts for payday loans. Our program simplifies payments while protecting clients from collection actions. No credit checks are required for eligibility.
Medical Debt Help
Specialized support for medical debt in collections. We work with healthcare providers to reduce balances and establish affordable payment terms. Services include negotiation of charged-off accounts and credit report guidance.
Financial Literacy Education
Free courses cover budgeting, credit repair, and debt prevention. Money Fit Academy offers digital resources and workshops tailored to diverse financial situations. Programs emphasize long-term financial independence.
People
Eric Lehtonen
Certified Credit Counselor
Eric brings extensive experience in financial counseling to Debt Reduction Services. He specializes in debt management strategies and empowers clients with practical tools for financial recovery.
Questions
How does a Debt Management Plan work?
We consolidate unsecured debts into one monthly payment, negotiate lower interest rates, and distribute payments to creditors on your behalf.
Are there fees for credit counseling?
Initial consultations are free. Debt Management Plans have nominal fees regulated by state guidelines for administrative services.
Will this affect my credit score?
Enrolling in a DMP doesn't directly harm credit scores. Timely payments through the program can improve credit over time.
What debts qualify for relief?
Credit cards, payday loans, medical bills, and collection accounts qualify. Secured debts like mortgages or car loans are not eligible.
Can you help with collection agencies?
Yes, we negotiate with major collection agencies to reduce balances and stop harassing calls for enrolled clients.
Videos
