Companies That Consolidate Payday Loan Debt
There is no doubt you have a ton of companies that provide consolidation for your payday loans.
But you have to be careful – many companies offering consolidation as a solution can get you into more financial trouble using their so-called consolidation service then you were in before using them.
So how can you tell your dealing with a legitimate company?
You can’t be afraid to ask question – and if you feel in your gut things aren’t right – well your gut is telling you something and you should listen and listen real hard.
Here’s one of the MOST important questions you need to ask a company that is offering you a payday loan consolidation service.
Do They Hold Your Money?
And the scary thing is most companies hold your money – WE DON’T – but most do. And this will get you in all kinds of trouble.
You see what the company does is instead of paying your lenders the consolidation company will hold that money for months – some companies will hold your money up to 3 months – and they are doing this so they get paid first.
So instead of your lenders getting paid the company is getting paid and your lenders are getting nothing!
How upset do you think your lenders are going to be if they have not received any money for 3 months?
On The Flip Side
The consolidation service we provide is a true consolidation of all your payday loans. We take everything you owe and then consolidate it into one very low monthly payment.
And generally this new payment will be 50-75% lower than all of your payday loans combined.
We also get all the fees and interest stopped on your loans as well. Now many people ask us how we can get the interest and fess stopped?
The fees and interest gets stopped from the point that you have enrolled into our program – we cannot eliminate the interest or fees prior to enrolment. Meaning once you enrol into our consolidation program the lenders cannot add any more interest or attach any additional fees.
So the sooner you enrol the less you will have to repay.
We Don’t Hold Your Money!
Here’s how we do business:
As soon as you enrol the first payment you make to us is for us, and this covers all the paperwork and other administration costs. And then every single payment after that goes to your lenders – and your lenders are fully aware of everything regarding how the payments from you are issued.
So when you pay us we pay your lenders, it’s as simple as that. And because of this most of all the payday lenders will ONLY deal with us when it come to consolidating payday loans – and the reason is they know they are going to get paid.
So if you’re trapped in payday loan debt please give us a call us toll free at 1-877-280-5100 for a free no obligation consultation and quote.
Of if you like you can use our free online quote form
Cheers, and we look forward to helping you get out of your payday loan debt.