Debt Reduction Services offers debt relief for individuals that need credit counseling, debt management and consolidation help.
They are among some of the better companies in the industry. They aren't perfect, and we've seen a few companies that we believe can serve consumers more effectively.
If you're interested in learning more about them, you can find it on BestDebtCompanys.com or at the link in the slides above.
2. Who is They?!
Debt Reduction Services is a non profit credit counseling
and debt management services company that has helped
thousands of clients since 1996. They are headquartered in
Boise, ID though they operate a total of 8 locations in 7
different states. !
!
Their full service organization offers free budget counseling
and credit counseling to help their clients live debt free lives. !
3. !
What Services Do They
Offer?!
!
• Debt
Consolida.on
• Credit
Counseling
• Money
Management
Educa.on
• Bankruptcy
Related
Services
• Budge.ng
Advice
4. Additional Services!
!Some
of
the
other
benefits
and
services
they
offer
include:
• Reducing
High
Interest
Rates
• Elimina.ng
Over-‐Limit
Fees
• Ending
Collec.on
Calls
• Budge.ng
counseling
• Community
finance
educa.on
courses
5. Do They Offer Debt
Education?!
!
They
offer
extensive
no-‐cost
debt
educa.on
to
their
clients
and
guests
including
group
seminars,
programs
and
one-‐on-‐one
counseling
sessions.
In
addi.on,
when
you’re
a
paying
customer,
the
amount
of
educa.on
increases
greatly.
6. How Do They Rate With
the BBB?!
!A+
Ra.ng
based
on
a
lengthy
registra.on
with
the
BBB
since
1998,
an
overall
lack
of
complaints,
resolu.on
of
complaints
and
the
BBB’s
background
informa.on
on
the
company.
The
few
complaints
they
have
received
in
the
last
couple
of
years
have
been
resolved
by
the
company.
7. What Do Their Services
Cost?!
!
• Fees
for
debt
consolida.on
vary
depending
on
different
state
regula.ons.
• Pre-‐bankruptcy
counseling
ranges
from
$25-‐$85
• Post-‐bankruptcy
debtor
educa.on
also
ranges
from
$25-‐$85
8. FAQ Section!
!
They
have
a
thorough
FAQ
sec.on
where
visitors
can
find
answers
to
ques.ons
such
as:
• How
long
does
debt
consolida.on
take?
• How
does
debt
consolida.on
affect
my
credit?
• Is
debt
consolida.on
like
filing
for
bankruptcy?
9. What Types of Debt Do
They Service?!
!
They
offer
debt
reduc.on
and
consolida.on
services
for
every
type
of
unsecured
debt
including
(but
not
limited
to):
• Credit
card
debt
• Store
credit
cards
and
gas
cards
• Personal,
unsecured
loans
• Past
due
loans
• Auto
repossessions
• Medical
Bills
10. What Makes This
Company Stand Out?!
!
• They
offer
a
lot
of
community
assistance
programs
and
seminars
without
charging
fees
for
them.
• Their
blog
is
an
extensive
library
of
financial
informa.on
and
advice
going
back
5
years
with
regular
posts.
• They
maintain
a
YouTube
channel
with
addi.onal
advice
and
counseling
assistance.
11. Do They Maintain A
Social Media Presence?!
!
• Debt
Reduc.on
Services
has
an
ac.ve
Facebook
page
with
over
500
“Likes”
though
they
seem
to
only
post
once
a
month.
• They
post
almost
daily
on
Twi`er
though
they
don’t
have
many
Twi`er
followers.
• An
extensive
blog
is
posted
on
the
main
website
with
dozens
of
helpful
finance
related
topics
and
advice
posts
for
any
visitor
to
access.
12. Potential Negatives!
!
• Debt
Reduc.on
Services
does
not
offer
debt
se`lement
as
an
op.on
for
their
clients
which
might
be
a
downside
for
those
who
are
looking
for
such,
and
their
site
isn’t
mobile
friendly
which
can
be
inconvenient
for
many
users.
13. What Does BDC Think
Of This Company?!
!• With
the
highest
possible
ranking
with
the
BBB,
over
15
years
in
business
and
a
reputa.on
for
having
excellent
customer
service,
BDC
ranks
Debt
Reduc.on
services
among
the
top
debt
management
companies
available.
• We
like
them
and
recommend
looking
into
their
services.
Be
sure
to
compare
them
to
the
top
rated
companies
on
BDC.
14. Learn More!
!
Learn
more
about
Debt
Reduc.on
Services
by
visi.ng
their
company
profile
at:
h`p://bestdebtcompanys.com/company/
debt-‐reduc.on-‐services-‐review/