Debt Reduction Merchant Accounts

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Debt Reduction Merchant Accounts

We specialize in Debt Reduction Merchant Accounts and merchant accounts for debt reduction companies. We approve practically every business type, even if you have been turned down for payment processing.With decades of experience, our team is here to help. Even if you have been shut down by your current processor, we have a solution for your particular situation. We’re available to answer any questions and provide ongoing continued support for our valued customers.

Don’t hesitate, call us immediately for assistance. Our dedicated staff is standing by to assist you. Our typical turn-around time is 3 business days and in some cases the same day. We look forward to working with you  Apply Today

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High Risk Merchant Account LLC can provide debt reduction merchant accounts to the debt settlement industry. Companies offering reduction of debts typically find it a challenge to find a processor willing to approve these types of accounts. We specialize in high risk merchant processing and can approve businesses offering debt reduction and debt settlement services. Please give us a call today to discuss your needs. Our experienced staff will assist you in determining your needs and provide expert solutions to meet your merchant processing needs.

We Approve:

  • Student Debt Reduction
  • Consumer Debt Reduction
  • Credit Card Debt Reduction
  • Commercial Debt Consolidation
  • Commercial Debt Consolidation<

What Is A Debt Reduction Merchant Account:

A debt reduction merchant account gives debt settlement businesses the ability to process payments for products and services. Payment processing can include credit card merchant services and high risk ach processing drafted directly from clients checking accounts. Clients can elect to have payments taken on a regular basis via the recurring billing model, on a pre-arranged timeframe. This adds convenience for your customer and the automation will create a considerable amount of savings to you in labor costs.

Who Needs Debt Reduction Merchant Accounts:

Companies in the debt reduction space, typically performing debt settlements on behalf of clients will require a merchant account to bill clients. This idustry exploded after the 2008 Bank Crisis as credit card debt was at historic high and the Federal Reserve’s remedy to the crisis was to flood the banks with cash and take interest rates to practically zero.. In todays economic landscape the industry should continue to grow exponetially as consumers continue to increase houshold debt. These are the facts that will undoubtedly keep the debt reduction industry extremely busy for the unforeseeable future and of course the demand for the debt settlement merchant account industry.

Not every debt service will work the same as another. This is all dependent on the market you are targeting and the demographics you are working with. Knowing your business and the direction you are trying to move in will be the ultimate goal for your merchant service account. Like any other service, there will be hurdles you will have to watch out for to keep moving forward. In the case of a merchant account related to debt reduction services, your biggest concern will come in avoiding chargebacks and disputes. This field unfortunately falls into the category of higher risk due to the high potential for chargebacks and disputes. Traditional banks typically avoid processing charges for businesses that deal in specific industries that fall into certain categories. This business was specifically flagged because many of customers you will be dealing with are going to have poor or damaged credit. This heightens the likeliness that the customer paying for your service, will not capable of affording your service and a chargeback may be initiated. Moving forward will require that you stay on top of and look for the signs that could potentially lead to a chargeback.

Multiple Payment Platforms:

Choices on payment platforms are very important factor in choosing a high risk credit card processor. Depending on your individual business practices, this is a vital concern that should not be overlooked. If your business utilizes a call center CRM for customer calls, you may wish to consider the possibility of integrating payment processing directly into your phone system. This will save time and labor cost by streamlining your processes. Another consideration is taking payments online for the convenience to your customers. Give us a call today to determine your needs.

  • Full Integration On CRM Phone System
  • Ecommerce Payment Gateway Solutions
  • Virtual Terminal For Telephone Transactions

Our Benefits:

  • Online Application, provides secure online application submission.
  • Multiple Platforms, including CRM & Ecommerce Solutions.
  • Personal Account Managers with decades of experience
  • Diverse Acquirer’s with risk tolerance for the debt settlement industry.
  • Fast Approvals – 99% Account Approvals

Our Mission:

Our goal is to approve all merchants, regardless if you have been shut down or turned down in the past. We understand mitigating circumstances such as chargeback ratios and exponential monthly volume growth can devastate a bank relationship, causing a merchant closure or substantial holds place on an account to protect the bank from losses. We are dedicated to making every attempt to resolve issues and get your account approved. Our commitment to excellence and going the extra mile to exhaust every opportunity is our mantra. We strive to exceed expectations and utilize our expertise and competence to deliver unsurpassed customer satisfaction.

Our Commitment:

With our team’s unique experience in the payment space, we bring the vital expertise to get your account approved quickly and painlessly. Our staff is committed to providing unsurpassed customer service and strive for 100% customer satisfaction. Give us a call today to discuss all of your credit card processing needs.


At High Risk Merchant Account LLC, your business success is our ultimate goal. Our dedicated staff is standing by to assist you in navigating the payment processing space. With decades of experience, our team is committed to providing competent knowledgeable advice and a plan of action to get your merchant account approved quickly. Call us immediately Call us immediately to get on the fast track for debt reduction merchant account approval. Our typical turn-around time is 3-5 business days and in certain cases the very same day. We look forward to working with you!     Apply Online Today