Corporate History of Debt Reduction Services Inc.

Formed in May 1996 by current company president, Joseph T. Cestaro, and former company vice-president, Thomas Drechsler, Debt Reduction Services, Inc. (DRS) is a Boise, Idaho-based, nationwide non-profit credit counseling organization. A year after its founding, DRS hired its first full-time employee. In the years since, DRS has managed branch offices across the county.

With continued and consistent company growth, the company now employs over 60 staff members across the country. DRS does all of this with the primary goal of helping individuals and families achieve greater financial responsibility and security.

Debt Reduction Services, Inc. incorporates the following services into its business:

  • Sponsoring financial literacy education.
  • Providing household budget counseling.
  • administering a debt management plan.

Offices are located at 6213 North Cloverdale Road, Suite 100 in Boise, Idaho; as well as 4170 Veterans Memorial Hwy Suite #203 Bohemia, NY 11716.

DRS is a community resource of personnel, materials and support dedicated to developing and facilitating financial education programs for clients and the general public. It has a long history of providing seminars and workshops for clients and communities at no cost. The company annually facilitates hundreds classes across the country to thousands of individuals. Teaching financial subjects like:

  • Budgeting guides
  • Spending habits
  • Credit basics
  • Debt elimination

Debt Reduction Services encourages its employees to get involved in our communities. Thus, several staff members belong to community organization leadership boards, including the Jump$tart Coalition and the high school consumer sciences councils, and other nonprofit agencies. Many others donate time and energies to worthy causes, from keeping our highways clean to raising money for medical research. DRS Inc is accredited by BVQi NA, Inc. to the ISO 9001:2008 Quality Management System Standard and is a registered member of Boise’s Better Business Bureau. DRS also belongs to the national trade group, Financial Counseling Association of America.

Debt Reduction Services logo - retna

Money Fit Logo

In Summer, 2019 Debt Reduction Services, Inc. founded it’s financial wellness and financial education branch branded as Money Fit by DRS, Inc.

Money Fit by DRS Inc. offers a variety of debt relief programs to consumers in order to help them establish a solid financial future by eliminating their current challenges. As a nonprofit organization, our focus is on preventing financial issues and helping individuals develop strong core competencies in personal finance. Our Credit Counseling Services & Personal Finance Education programs provided through the Money Fit Academy are free to participate in.

Learn more: Money Fit Home Page

As of 2020 Both Debt Reduction Services and Money Fit are now fully operational in all states and territories in the United States. Now they are able to help any and all Americans burdened by credit card debt, medical bills, and any other unsecured debt.

Services We Offer

Debt consolidation program iconDebt Consolidation Program
online counseling 247 icon24 / 7 Online Counseling
student loan counseling iconStudent Loan Counseling
credit report review iconCredit Report Review