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How To Get Rid Of A Payday Loan Debt
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How To Get Rid Of A Payday Loan Debt

If you've read any of my articles you know every single day I have the privilege of helping people get out of payday loan debt.

This may sound like a contradiction considering what I do. But I know payday loans have their place; they can be the last resort for getting fast cash in an emergency.

But they are ONLY to be used if you can pay off the loan in full at the time of the due date, and that’s usually 2 weeks from the time the loan has been taken out.

But here’s the problem most people are not thinking 2 weeks from now, all they have on their mind is I need this money now!! 2 weeks is a long time off, I have time to figure out how to get the money to pay this loan off.

Well guess what happens in 2 weeks?

Most people don’t have the money so they end up having to get an extension (a rollover) on the loan, this is done by paying a fee (there’s a surprise) and the interest – and then they get another 2 weeks.

The lenders want this to happen – they end up making way more money off you – plus you still have to off the original loan and interest.

And this is how people get into the payday loan trap – they rollover and rollover and when that option is gone they get another loan from another company to pay of the first loan and this keeps cycling over and over again until it gets out of control.

Then that’s when I get the call from some poor soul that is at their wits end, asking for help to get out of their payday loan hell.

Helping is easy – most people think there is no way out, they can’t borrow the money because the bank won’t go near them, their friends are tapped out and they have tried everything short selling everything they own.

No problem the way to get rid of a payday loan debt or debts is by using a payday loan debt consolidation program.

EVERYONE qualifies for this program, you don’t need collateral and your credit does not matter.

As soon as you start with a payday loan debt consolidation program all the fees and interest will be stopped on your loans.

You're payments will be brought way down - far less then what you're paying now on all your loans combined if you have more than one loan, plus it will be a monthly payment now - which is much more manageable.

And if you're getting any harassing phone calls from the lenders the company will send a cease and desist order to stop those calls.

A payday loan debt consolidation program is the best solution for ANYONE caught in payday loan debt.

Hope you found this article helpful – feel free to share it.


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