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How To Pay Off Payday Loan Debt
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How To Pay Off Payday Loan Debt

The 7 words from payday lenders that get people into so much trouble –

Need cash fast? No credit? No problem!

Wrong BIG problem!!

I get calls and emails from people every day that are in what they call “payday loan hell”

They thought getting a payday loan would solve their problems and sure it probably did solve their current problem, but it set them up for a whole new set of problems that they never saw coming.

So by the time people call or email me they are in so over their heads in debt with these payday loans they’re at their wits end and I mean ready to explode!!

Some of the stuff I hear people thinking of doing is really crazy sometimes. But I get it they are freaked out. Part of my job is calming people down and letting them know they have options and this can all be taken care of.

They simply have to do what is asked of them and I don’t mean what the lenders are asking them to do, which is paying jacked up out of this world interest rates and goofy fees.

There are a few options for people but many don’t qualify because it depends on their credit rating and availability of providing collateral.

Well think about it, if they had better credit they could have gotten a loan from their bank or credit union – but they don’t have the qualifications needed so they are at the mercy of the payday lenders.

With that said if you are the one of millions of people caught in payday loan debt there is a program that everyone qualifies for – and the reason everyone does is because your credit doesn't matter and you don’t need collateral.

What is this miracle solution?

It’s a called payday loan debt consolidation program.

In a nut shell the company providing this program takes over your loan(s). They do this so the lenders have no choice but to deal with them now – so you are out of the picture – think of it as having a high price lawyer to speak on your behalf.

Then they re-negotiate your loan payments with all your lenders and get you a monthly payment that is way lower than what you'e paying now for all your loans combined.

They will get all the fees and interest stopped on your loans; you’ll end up paying only what you borrowed.

And if they have to they can also send all your lenders a cease and desist order stopping the lenders from calling and harassing you.

It’s a beautiful thing, and it’s a win, win – you get out of payday loan debt and the lenders get paid.

So like I said if you are in payday loan hell go find a legitimate company that offers a payday loan debt consolidation program and end your debt right now!!

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

Street Talk

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