Help With Payday Loan Payments Is Available!

Avatar photo

Richard M

Help With Payday Loan Payments Is Available

Sharon is dreading payday again because she is giving all of her pay to the payday loan companies.

If Sharon only knew that help with payday loan payments is available to her she would be looking forward to getting paid rather than running the other way!

So many people have stretched themselves to the point of having to extend multiple payday loans payday after payday. and barely are able to apply any of the payments to the actual loans rather than it all going to cover the insane interest.

They are barely able to apply any of the payments to the actual loans because it is all going to cover the insane interest and extension fees every payday!.

If they only knew they can stop it all with one phone call!

Hopeless Paydays

The situation that Sharon found herself in is becoming more and more common across the United States and Europe.

Because of lack of regulations by the loan industry, these loan companies go after the underprivileged and the disadvantaged by allowing them to take out more than one loan at a time and then allowing them to extend those loans over and over again.

This is called the payday loan trap as it traps the borrower into paying the extension and interest fees on each loan every time they get paid, thus turning a $500.00 two week loan into a payback on average of around $2500.00 over the course of about 3 months.

This trap has been responsible for divorces, bankruptcies, domestic violence and a slew of other negative results like no money left each payday for food to feed the family and no way to pay the monthly bills.

People have lost their houses, cars, pawned their belongings and sold their heirlooms and on and on because of this problem and all of them could have stopped it in its tracks of they only knew that they could get help with their payday loan payments.

Get Help!

There is a way out of these traps without having to go down the road to ruin or without giving these companies all of your money for months and months!

Call a payday loan debt consolidation company and get these people off your back as soon as today!

These companies can take over all communications with the payday loan companies so you never have to talk to them again!stop all collection activity and actually reduce the amount you must pay back by as much as 70%!

They will also stop all collection activity and actually reduce the amount you must pay back by as much as 70%!

They then break down the remaining balance owed into affordable bi-monthly and even monthly payments.

Most payday loan debt is satisfied within 18 months, you will have money left out of your paychecks for silly things like food and the likes and as stated earlier, no more collection calls or even any communications at all between you and the payday loan companies!

Summary

You can get help with payday loan payments as soon as today and start living with piece of mind again.

By taking back control of your money and by eliminating the payday loan trap, you will be well on your way to financial peace!

We hope this article helps you understand there are alternatives to avoiding these collectors and you do have the power to make the difference.

If you have any comments or questions we want to hear from you!

Related Articles

Tags