How It Works
Payday Loan Trap
Payday loan consolidation programs do not require you to take out a new loan to consolidate your payday loans and there is no credit requirements. Our payday resolution process will pay off your payday loans completely in as little as six and as long as 18 months, depending on the amount of debt and your financial needs.
What is Payday Loan Consolidation?
Why do a Payday Loan Consolidation?
If I do a Payday Loan Consolidation will payday lenders leave me alone?
Help Consolidate Payday Loans
Payday Loan Debt Assistance
Student Loan Debt Relief
What is Payday Loan Consolidation?
payday loan consolidation is where we combine all your loans and the consumer pay back a dividend of what you owe in one small monthly payment with no interest. We utilize a “notice of assignment” through a limited power of attorney, which takes us from being a third party to being “THE” party to the debt which allows us to help clients in all 50 states. Again, most importantly in our Payday Loan Consolidation program you will not need a new loan to get into the program. As well, no company out there assumes the liability of your debt and charges as little as we do for our program. We also start paying your lenders from your first payment. We do not hold money for two or three months before approaching the lenders as other companies do.
Payday lenders will also receive legal notification called an “ACH revocation” against debiting your bank account, and a notification to stop the collection calls to you. As well, as our client, we will guide you on how to handle the collection calls should they continue.
Payday loan consolidation wipes out interest rates incurred during your loan as well as lowers the loan amount. We get your loan totals to an amount the consumer is eligible to pay back. We get rid of all payday bills. Instead the consumer just pays all the lenders with one low payment each month until the renegotiated the amount is paid in full with no monthly incurring interest.
Why Do A Payday Loan Consolidation
- Prevent yourself from filing bankruptcy.
- Prevent yourself from falling deeper into debt.
- Stop harassing phone calls.
- Start rebuilding your credit.
- Save money by not paying the whole loan amount.
- Save money by lowering the interest.
- Pay one low payment to one creditor, instead of having several loan companies to keep track of.
Help Consolidate Payday Loans
In certain instances, we may be able to resolve the debt for less than the current balance. Our processing team work diligently and effectively on each case to determine eligibility and if you qualify, we will negotiate the debt at a reduced amount. We can help you resolve your debt in less time and save you from excessive interest that seems to keep accumulating. We follow strict laws and have a working relationship with payday lenders. We guarantee the lowest payments for the consumer. We have mastered negotiating; therefore, our clients get the best rate possible and can get out of payday debt. Payday freedom is the best payday loan consolidation company.
If I do a Payday Loan Consolidation will payday lenders leave me alone?
Once an individual decides to do a payday loan consolidation with us, we immediately call all your payday lenders and handle all phone calls to and from the lender, on your behalf. We will renegotiate and distribute your one low monthly payment to all the lenders equally. They will not call you or your place of business anymore. We will communicate on your behalf and all client / lender ties are on hold until the lowered debt is paid. Once paid they will close your account and you will no longer receive a 30 day late notice on your credit report.
Payday Loan Debt Assistance
Getting payday loans has become easier than ever. Each states has passed their own laws to protect the consumer. Even with these laws one may find themselves in payday trouble. This is where we come in. We are here at Payday Freedom to take the burden away. We know the laws of every state and are able to get the consumer the most for their money.
We begin the process by contacting your payday lenders to advise them we are a party to the debt and will be making the payment as well we will structure a modification to the loan. This means that all payments made from the day you enroll with us will actually go to paying off the principle balance of your loan, not renewing it or paying the interest only.
Save all your paper work from payday companies. We would need your most recent bill from all your payday lenders. Every state has its own set of laws that we follow to ensure you the highest savings.
Student Loan Debt Relief
Student loan debt relief is very much the same as a regular debt relief program, but we are able to get the payment a little lower. Us as well as the lender understands, that you are willing to pay back the loan amount, just are unable to afford the payments. We will acquire the payment to be low and affordable for the consumer. This will help eliminate the debt for the student consumer.
Located at:
2220 Burbank Burbank ca 91506
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Hi
I have about $4200 in payday loans. I borrowed to not lose my home. My wife and I have jobs and might fall behind on our payment. I just want to be prepared if I can’t make my payday loans back, then what options do I have. Can you guys lower the payments or interests, so I can make the payments.
Jeff
Hi Jeff
I understand your concerns. I hear people in your situation all day. I would love to lower your payday loan payments and interest. Depending on your payday loan provider, we follow specific procedures to ensure we are able to get you maximum results. We at payday freedom will consolidate all your payday loans to one low payment. If possible I do recommend paying the debt. A payday loan consolidation should only be done if one can not afford their payments. Yes, it does hurt your credit, but for people who aren’t current on their payments, then in those cases you will see an increase in credit score after a year. Call our office and let us view your loans and give you the best options. Depending on the payday loan provider, we can give you a pretty good estimate at what your new payments will be. Payday loan consolidation is a also a great alternate to a bankruptcy, which will be on your credit report. Hope this information was helpful Jeff.
payday freedom
Thank you for consolidating my payday loans. I never expected my payday payments to be so low. I am almost all done with my payments. You made it so easy to pay my loans back. Thank you again for doing my payday loan consolidation.
Elizabeth
Hi Elizabeth
It was our pleasure to help you with your payday loan consolidation. We are very glad that you are pleased with our service. Let us know if we can help you with anything else.
Darryl
Thank you for all the useful information on payday loans. I will call you guys in the morning.
John
We are here for all your payday concerns. So if you are thinking about maybe doing a payday loan consolidation. Call us for a free consultation.