Our team of financial experts can negotiate a lower rate of interest on your payday loan and thereby allow you to gain better control over your finances.
Payday Loan Consolidation
At times it becomes hard to manage your bills and you decide to take up a payday loan and instead of helping to solve your problem it creates more financial burdens. No need to worry any more about having to going bankrupt as we provide you with a payday loan consolidation services that will assist you clear your payday loans and avoid any extra charges due to late payment.
Payday loan consolidation timeline
If you decide to seek help from our payday loan debt consolidation company, there are various processes that will follow to ensure you have cleared your payday loans. Procedure will be as follows:
We first of all start by talking to your debt and working out your payment that is dependent on the amount you owe and income per month.
After that we will then open a savings account which you opened with us in your name and negotiate with your lenders on your behalf.
After negotiations and reaching a certain agreement, we will start paying them back using the funds that accrue in your savings account.
Our payday loan consolidation program
Payday loan consolidation involves using us the payday loan consolidation company to negotiate your payday loan debt directly with the individual lenders. The reason for this is to decrease the amount you are required to pay back to the payday loan lenders. In general our payday loan consolidation company will set up a savings account in your name, into which you will make small monthly payments. We will then use these funds to negotiate a settlement with the lender. The interest on your payday loans will stop accumulating, leaving you with less to pay back over time.
Relief from Payday Loan Debt
Sometimes it can be very hard to manage debt with all these financial constraints. You may manage to take a payday loan and pay it on time, but the financial problems will not end here because bills will still continue coming up and your earnings are not enough to sustain you and may end up taking another payday loan. Payday loan consolidation comes in and helps you manage your payday loans. We take all your debts and reduce to one manageable debt. Consolidating your debt is a very hard task and that is why we take our town to come up with efficient programs suitable for various clients.