Money Fit is a nonprofit credit counseling service offered by Debt Reduction Services, Inc., a 501(c)(3) nonprofit. We help individuals manage and repay credit card debt, payday loans, medical bills, collections, and other unsecured debts. Since 1996, our debt relief program has helped thousands regain financial control, repay 100% of their debts, and build sustainable financial habits.

Money Fit consolidates unsecured debts (credit cards, payday loans, collections, medical bills, etc.) into one manageable monthly payment. We work with creditors to lower interest rates, reduce fees, and create affordable repayment plans—often completing debt repayment in five years or less.
Even if our program isn’t the right fit, we provide free credit counseling to help consumers create a workable budget and explore self-managed debt repayment solutions. Our award-winning financial education resources are also available at no cost.

Money Fit works with thousands of creditors, including major credit card issuers like Discover, Chase, Bank of America, Capital One, American Express, and more.
We also help consumers consolidate payday loans and short-term unsecured debts. Additionally, we assist with medical debt and collections by working directly with hospitals and collection agencies to establish repayment plans.

• Free Credit Counseling – A certified counselor assesses your situation, provides budgeting guidance, and explores the best repayment options.
• Debt Consolidation Plan – If a plan is the best fit, we negotiate with creditors to consolidate your debts into one lower monthly payment.
• Repayment Process – Accounts are closed to new charges and paid off over time. As debts are cleared, funds are redirected to accelerate repayment on remaining balances.

Eligibility is based on personal financial need, not preset criteria. Many clients:

• Struggle to make minimum payments on credit cards.
• Have high debt-to-income ratios, making other financial commitments difficult.
• Seek lower interest rates and structured repayment plans to avoid long-term debt.

Unlike for-profit programs, Money Fit does not have enrollment restrictions—we provide free counseling to everyone, whether they enroll in a plan or not.

As a 501(c)(3) nonprofit, Money Fit prioritizes financial education and debt repayment over profit. Our credit counseling and educational resources are available at no cost, and our programs are designed to help clients improve financial stability, not generate revenue.

Money Fit is licensed and registered in all 50 states and Washington, D.C. We offer phone, online, and in-person counseling where we have physical offices, including locations in New York and Idaho.

Yes. Money Fit by DRS is a licensed, 501(c)(3) nonprofit that provides nationwide credit card debt consolidation and counseling services. For official state licensing details, visit our Licensing Information page.