Money Fit by DRS is a nonprofit organization that offers a wide variety of debt relief programs, counseling programs, and financial literacy resources to help you eliminate debt and establish a solid financial future.

If you have a lot of unsecured debt and are considering enrolling in a debt reduction program, this Money Fit review will give you details about the services this company offers, its pros and cons, how it works, and how it compares to other nonprofit debt management companies.

How Does Money Fit Work?

Money Fit focuses on offering financial education and debt management services to those with unmanageable debt. You’ll start with a free credit counseling session to review your financial situation, income, and household budget. Your counselor will provide you with education and guidance to bring your debt under control. They’ll also suggest if you’ll benefit from a debt management or consolidation plan.  

The company has established relationships with hundreds of creditors. Its debt consolidation program alleviates the burden of credit card debt, medical bills, collections, and payday loans by negotiating with lenders to reduce interest rates, eliminate late fees, and lower monthly payments. Borrowers have a targeted time frame and a single payment each month to pay off their debts in five years or less.  

While Money Fit hasn’t clearly stated the price for its services on its website, it does mention that credit counseling sessions are free and that it offers 100% free debt relief services to active-duty military members. With most credit counseling agencies, debt management plans usually involve a setup fee of up to $35 and monthly fees of up to $75.

The Money Fit Academy on the website also offers financial education resources, a video library, podcasts, personal finance courses, calculators, a scholarship program, and more.

Pros and Cons of Money Fit

Consider these pros and cons before enrolling in a debt management plan with Money Fit.

Pros of Money Fit

  • Free debt consultations
  • Comprehensive online educational services and resources on their website
  • 100% free services to active-duty service members
  • Responsive customer service
  • Accredited by the BBB and certified as a 501(c)(3) charitable organization

Cons of Money Fit

  • The amount of savings a borrower gets from the program depends largely on creditor cooperation
  • The website doesn’t list prices for all services
  • No money-back guarantee

Services Offered by Money Fit

Money Fit offers debt management services as well as a wide range of counseling programs.

  • Debt Management: This nonprofit credit counseling agency offers debt management programs (DMPs) for unsecured debts like credit cards, payday loans, medical bills, and more.
  • Credit Counseling: A certified credit counselor can review your finances and create a personalized plan to help you become debt-free.
  • Bankruptcy Counseling: Money Fit offers pre-filing and pre-discharge bankruptcy counseling that meets the bankruptcy court requirements for Chapter 7 and 13 bankruptcies.  
  • Housing Counseling: Money Fit is a HUD-approved housing counseling agency that offers homebuyer education workshops, non-delinquency post-purchase workshops, rental workshops, and more.
  • Credit Report Review: Money Fit’s credit counselors offer expert advice on how to improve your credit score.

Costs and Fees

While Money Fit doesn’t clearly provide a list of the rates it charges for different services, its credit counseling sessions are free. You can expect to pay a setup fee of up to $35 and monthly fees of up to $75 if you sign up for a Debt Management Plan (DMP) at most debt relief firms.

Money Fit does offer a 100% discount for active-duty service members, a 50% discount for veterans, and 50% off enrollment fees for first responders.

Time To Complete the Program

Most Money Fit clients can successfully complete the DMP within five years. However, the exact time it takes to complete the program will depend on the amount of debt, your monthly budget, and how willing your lenders are to negotiate.

Expected Relief Amount

Money Fit says that its debt management plan can help you lower your monthly payments by up to 50% or more. The agency helps you achieve this by negotiating with your lenders to reduce your interest rate and waive late fees. However, you’ll still need to pay off the entire amount you borrowed.

Keep in mind that the exact relief amount will depend on how willing your lenders are to negotiate. Typically, DMPs can help lower your monthly payments by waiving late fees and reducing interest rates, but they do not lower the amount you owe, like with debt settlement.

Money Fit Customer Service Options

Once you’re a Money Fit client, you’ll have an online account through which you can view your payment history and estimated balances, use debt payoff tools, update your banking and contact information, and contact the client experience team.

Here are the customer service options Money Fit offers:

  • General Inquiries: Send an email to or call (800) 432-0310
  • Account-Related Questions: Send an email to or call (877) 251-8262

Money Fit’s office address is:

6213 N. Cloverdale Rd, Suite 130

Boise, ID 83713

Areas Served by Money Fit 

These are the states where Money Fit services are available:

Money Fit Reviews and Feedback

Money Fit is a Better Business Bureau-accredited business and a member of the National Foundation for Credit Counseling (NFCC) and the Financial Counseling Association of America. It’s also a HUD-approved agency.

Money Fit Reviews on Google

Money Fit has 4.9 stars from 481 reviews on its Google Business profile. There are no one-star reviews, and most reviews on their Google page are positive.

Most clients that left positive reviews are happy about the clear communications, good customer support, and fast service. Here’s an example of one feedback left by a satisfied client:

“I am so impressed with Money Fit Credit Counseling!! If you have experienced financial setbacks and hardship that have led you to use payday loans or other expensive forms of credit, I highly recommend you contact Money Fit. They responded to my inquiry and helped get me set up in a program all in the same day. Their guidance through email, text or phone is exceptional. They provide not only helpful directions to make your experience easy, but links to all kinds of credit counseling and budgeting tools and information. This is an exceptional company with a mission to help people overcome financial hardship. Call them if you need help!”

Money Fit Reviews on Better Business Bureau

While there’s no separate Better Business Bureau (BBB) profile for Money Fit, Debt Reduction Service (DRS), the company that it’s a part of does have an A+ rating with the BBB. DRS has 4.5 stars from 16 reviews and one complaint in the last three years.

Out of the 16 reviews, two are one-star reviews, while 14 are five-star reviews. Negative reviews mention communication oversight, such as this review we found on the company’s page on BBB’s website:

“I liked the company until they surprised me with extra payments beyond what was agreed to on my initial contract. They lied to me on the phone and then refused to take responsibility for them not telling her the truth. Use other companies!!! There are plenty of ones that don’t take advantage of you!”

Money Fit Success Stories

Money Fit’s website shares success stories of clients it has helped in the past. While these stories are mostly comments left by clients, they don’t provide a lot of details.

For example, here’s one comment left by a client:

“As daunting as it sounded to me at the time, I signed my $42,000 of debt over to Money Fit by DRS Inc. four years ago. With a lot of self discipline and effective help from Money Fit, I am debt free and I feel free. “

How Money Fit Compares to Other Credit Counseling Agencies 

Money Fit has good reviews on the BBB’s website, as well as on its Google Business Profile. The counseling and debt management services it offers are similar to those of other credit counseling agencies. Here’s how it compares to other nonprofit agencies.

Money FitInCharge Debt SolutionsAmerican Consumer Credit CounselingMoney Management
FeesNot DisclosedUp to $75 enrollment fee, $33 monthly fee$39 enrollment fee and $7-$70 monthly fee$33 enrollment fee and $25 monthly feeUp to $50 enrollment fee and up to $75 monthly fee
BBB RatingA+A+A+A+A+
AvailabilityAll 50 states and Washington D.C.All 50 statesAll 50 states and Washington D.C.All states and territoriesAll 50 states and Washington D.C.

Is Money Fit Worth It?

Money Fit is a nonprofit credit counseling agency that offers a variety of credit counseling programs, debt consolidation, and debt management plans for borrowers with a lot of credit card debt, personal loans, and payday loans.

While it doesn’t clearly state the prices for enrolling in their programs, DMPs offered by most credit counseling agencies are affordable. However, you’ll need to have a regular source of income to qualify for the program.

While the company has good reviews online, we recommend comparing your options carefully. We also recommend looking into other debt-relief options, such as debt settlement, debt consolidation loans, balance transfer, and bankruptcy, to find a solution that fits your financial goals.