Debt Reduction Services Review

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Debt Reduction Services

description

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.

Transcript of Debt Reduction Services Review

Page 1: Debt Reduction Services Review

Debt Reduction Services!

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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. !

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!What Services Do They Offer?!!•  Debt  Consolida.on    •  Credit  Counseling  •  Money  Management  Educa.on  •  Bankruptcy  Related  Services  •  Budge.ng  Advice  

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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  

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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.  

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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.    

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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  

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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?  

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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  

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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.  

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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.  

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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.    

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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.  

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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/