Many weeks I loose count of how many emails and phone calls I get from completely stressed out people trapped in this horrible cycle of payday loan debt.

They have one loan then they get another loan, and then another and before they know it they are so deep in payday loan debt all their money is going towards these loans leaving them with no money for day to day living.

I read somewhere that one person had over 80 payday loans – I sure hope that was not 80 loans at one time – talk about stress!!

The question I get is how can I get out of my payday loan debt? Well there are many options some will work for a few and there is one that will end your payday loan debt once and for all and it works for EVERYONE.

So do you want me to tell you the ways that work for a few people or the one way that works for everyone?

Just kidding – let’s end your debt today!!

The program that works for everyone caught in payday loan debt is a payday loan debt consolidation program.

Now the reason it works for everyone is because it is not a consolidation loan – those kinds of loans you need to get approved for – with a consolidation program everyone is approved.

Also you don’t need any collateral for a consolidation program – unlike a traditional consolidation loan where you need collateral to support the loan.

Ok here’s how a consolidation program works – first find yourself a legitimate company that offers the program. Once you do that and get signed up here’s what’s going to happen.

The company will contact all your lenders and let them know they now have your loans; the great thing about this is the lenders have to deal with the company now not you.

By taking over your loans this will stop all the fees and interest on those loans – how cool is that!!

Next they will renegotiate a new repayment plan for all your loans. This new payment, which will now be a monthly payment is going to be a lot lower than the payments your making now on all your loans combined.

The company will send a cease and desist order to all your lenders preventing them from calling and harassing you.

Now all you need to do is make one monthly payment to the consolidation company and in turn they will pay your lenders.

And that’s it – you get all your loans paid off and end your payday loan debt and best of all, you get your life back.

NOTE: Make sure the company you are dealing with does not hold your money – there are some companies that will hold your money for months before making any payments to your lenders – you end up getting in more trouble and you’ll loose all the money you gave to the company.

Actually companies that hold your money want you to quit their program this way they can keep everything you gave them – not cool so watch out for those types of companies.