Important Facts

Payday Loan Consolidation Companies

Payday lenders have been around for quite some time but payday loan consolidation companies haven’t been around for that long. Now there are a few legitimate payday loan consolidation companies that deal with payday loans. But not all consolidation companies operate the same way.

The process of payday loan consolidation works in essence by taking your total debt owed and coming up with an affordable monthly or bi weekly repayment schedule which will pay off your payday loan debt in the specific time frame agreed upon between the lender and the consolidation firm.

Our firm, Payday Loan Debt Relief offers the strongest and most legitimate model for paying off your debt. We, unlike many other payday loan consolidation companies, do not hold your money for two or three months then approach the lenders hoping for a settlement.

Since our firm takes over your debts, we aggressively negotiate with these payday lenders immediately upon your enrollment in our program so that when you make your first lender payment, lenders are being paid.

Based on our research most companies treat this form of consolidation similar to a debt settlement model.

This means when you make your monthly or bi weekly payments some of the consolidation companies may hold onto these payments for a period of 2 or 3 months then try to approach the payday lender to negotiate a pay off.

This type of model is bad for two reasons:

1.     These payday lenders are very aggressive in their collection efforts and if they don’t hear from you and get paid in a reasonable time frame they will call your cell, home, your work and your references constantly.

2.     Also this puts the payday lender in a very defensive posture and will be less willing to work with your consolidation company to set up a re-payment structure.

Some companies will take your payments for the first few months and all that money you pay goes towards their fees first.

The trouble with that is if you owe storefront lenders and they loaned you a certain sum of money why would they be willing to accept less from you? That doesn’t make any sense.

These lenders can also sue you, depending on your state, if they are not dealt with in the proper time frame and a manner that reputable consolidation companies will do. That is the main reason you need to hire a firm that has the expertise to handle these lenders from the beginning of your enrollment.

When you have numerous payday lenders it is important to keep them from constantly calling and harassing you when you are part of a consolidation program. People are dealing with enough stress as it is and if it can be kept to a low level or eliminated completely that is the best.

So if your lenders aren’t receiving any money for a period of 2-3 months they will never work out any arrangements with a payday loan consolidation company that holds money.

Solid and professional companies, like Payday Loan Debt Relief are pro active and highly aggressive in their approach with the lenders.

This means once the clients start to make their payments the company will have already negotiated and received a re-payment schedule with the payday lenders. This will obviously make the lenders more likely work with the  consolidation companies such as they are with our firm.

It is also imperative that you perform thorough research when talking to these companies this way you know you are getting the best value for your money. Also note, if you fall behind in the payments to the  company your debt with the payday lender will revert to its original status.

Our firm is proud to be one of the very few legitimate payday loan consolidation companies that offers a lender approved re payment plan that works to your advantage. See why we have been voted the most professional and successful payday consolidation firm out there today.

Help Us Spread The Word

Comments (51)

  • Diondra

    |

    Hi
    I am interested in learning more.

    Reply

    • David Schmidt

      |

      Hi please call us and we can give you more details. The point is to stop all interest and fees so we can pay your debts much quicker and all lenders work with us.

      Reply

      • Paula Wankier

        |

        Hi, I really need your assistance of you help as you say you do. How do I contact directly.

        Reply

        • David Schmidt

          |

          You can call us at 877-734-6700

          Reply

  • Brenda medellin

    |

    Need to get my pay day loans under control too many

    Reply

    • David Schmidt

      |

      The more you have the easier it is for us to resolve. Call us for a quote now so you can see how much you will save on your paycheck.

      Reply

  • Chequita A Battle

    |

    I want to learn more. Please send me more information

    Reply

    • David Schmidt

      |

      You got it! We sent you a complete quote per your request.

      Reply

      • Rodney Blankenship

        |

        I need help with payday loans I have too many out of control

        Reply

        • David Schmidt

          |

          We can help you with all your payday loans. Please find out how much you owe to these lenders as of the date of your call. That way we can send you the quote and outline the process.

          Reply

      • Jacquese White

        |

        I have gotten myself in a mess. At the time I got these loans. My father died and I had to go to Toledo, OH
        I had to help pay on the Funeral. I also got money to help me catch up on my bills. Now I own more loans then I can pay back. I hate that I am in so much debt. I receive my SSI and with my every month. Rent, MLGW and so on. I hope your company can help me.

        Reply

        • David Schmidt

          |

          We are so sorry for your loss. Please call us asap so we can stop these debts quickly for you.

          Reply

  • Jennifer Seith

    |

    I would like more information. Can you send it to me via email?

    Reply

    • David Schmidt

      |

      We sure can. Also if you know the balance you owe the lenders please send a quote request or call us. I will have some information sent to you though. Thaks Jennifer.

      Reply

    • Delores A Taylor

      |

      I would like more information how to setup and pay. I have tried others but they haven’t helped me at all.

      Reply

      • David Schmidt

        |

        Call us at 877-734-6700 our program is simple to join. Just know how much you owe and who you owe.

        Reply

  • Gloria Marshall

    |

    Can you email me with more information and a response on how to eliminate this debt and all other debt if possible

    Reply

    • David Schmidt

      |

      Its much easier to send a quote when you know how much your pay offs are. Its a free quote and gives you a breakdown of what we do. Please send a quote request with the total balance. We will help you Gloria.

      Reply

      • Amanda Rinehart

        |

        I have 12 payday loans adding up to roughly $7000. I have atrempted two otjer companies gor debt consolidation, and they dont want to deal with my payday loans. Can you help? I dont need help with credit cards.

        Reply

        • David Schmidt

          |

          Of course we can Amanda. Some of the so called consolidators only want the easy debts. We work with all the payday lenders.

          Reply

  • Walter small

    |

    Please contact me I need assistance with a number of loans

    Reply

  • Walter small

    |

    Seeking help with loans

    Reply

    • David Schmidt

      |

      We are here to help Walter. Please call us or send a quote request. Our form is secured.

      Reply

  • Ann mears

    |

    I have a few payday loans am interested in consolidating them so they won’t be taking alot of my check and I have some freedom and free up more money I have had some major medical issues and have to have 2 surgeries

    Reply

    • David Schmidt

      |

      If you enroll with us they wont take any more of your check. Call us, Ann and we can give you a quote so you can see how much you will save. 877-734-6700

      Reply

  • Linda

    |

    Hello ,

    I would like to hear more about it..

    Reply

    • David Schmidt

      |

      Hi Linda, our site goes over it in detail but you can call us for a free quote and details which are tailored to your specific situation and how much you owe these lenders. Call us today.

      Reply

  • Jalon Mayes

    |

    Please help me consolidate my payday loans period.

    Reply

    • David Schmidt

      |

      Call us and let us know who you owe and how much the balance is and we can help you.

      Reply

  • Marsha Dennis

    |

    I have several pay day loans, I’m drowning,I need a quote for your services.

    Reply

    • David Schmidt

      |

      Absolutely, Marsha please find out your pay offs and call us at 800-734-6700 and we can give you a free quote.

      Reply

  • Chrystal Morris

    |

    Need help. Would like more information.

    Reply

  • Margaret Gray

    |

    I will like to know about the program. I have too many payday long and it’s overwhelming.

    Reply

  • John Mack

    |

    Please help us. We need your help

    Reply

    • David Schmidt

      |

      John call Debi at the office or Lisa at 877-734-6700

      Reply

      • John Mack

        |

        Thank you, David. I will call in the morning.

        John

        Reply

        • David Schmidt

          |

          Look forward to talking to you. Either Lisa or Debi can get you a written quote fairly quickly.

          Reply

  • Shara Isom

    |

    I ended up with a 3500.00 loan by accident. I filled out the info twice and the website never allowed me to see the complete process. Next thing i knew i received notice via 2 emailsl that the funds would be in my account . I called customer service and couldn’t tell me anything. I cant access my account info via the internet. My next payment has doubled i have no info explaining the repayment process. I need help asap.

    Reply

    • David Schmidt

      |

      Fortunately we work with Rise and have done so successfully for years now. Please call us and let us know the balance as of todays date and we can take over the debt and stop the high payments immediately.

      Reply

  • Tammy Poe

    |

    Would like more information, i have 4 payday loans, balance owed $2000. Paying 4 payments a month totaling $420. Please let me know if you can help

    Reply

  • Sarah David

    |

    I need help with my payday loan debt. I have to many of them.

    Reply

    • David Schmidt

      |

      Most people have too many but we can help you. Please call us or send a quote request using our site here.

      Reply

  • Chris Woodard

    |

    I have 3 payday2 loans totalling $1400, can you help lower my monthly payments so i can pay more than the minimum?

    Reply

    • David Schmidt

      |

      We will stop all interest and fees on your payday loans thus reducing your payment owed which will get you out of the trap quickly. Call us.

      Reply

  • Joanne Jackson/ Brown

    |

    I need help with my payday loans

    Reply

    • David Schmidt

      |

      Hi Joanne we have a large crew here to help you. Please call us so we can get you out of the payday loan trap.

      Reply

  • Alice Portz

    |

    Do you work with Avant and one Republic? I have loans with them along with some payday loans. I can’t juggle this any longer.

    Reply

    • David Schmidt

      |

      Yes, we work with all payday lenders.

      Reply

Leave a comment

GET YOUR FREE CONSULTATION NOW!

Payday Loan Help

We Deal with the Payday Lenders For You And Eliminate The High Interest and Fees!

Get a Free Quote Below or Call Us Now at 877-734-6700