GET OUT OF
PAYDAY LOAN DEBT
NOW.

“Debt consolidation” and a “debt consolidation loan” are entirely different repayment programs. A debt consolidation loan involves converting an unsecured debt into one that is secured. When this happens, the borrower is required to provide some form of security. This could even take the form of your home.

So, if you opt for a debt consolidation loan, you could find yourself in a worse situation than you were in earlier. If you fail to pay the installments on your debt consolidation loan, your house, as well as your family’s well-being, could be at risk. The lender may seize your home if you can’t pay. Faced with a situation like this, many borrowers resort to maxing out their credit cards. This may increase your interest cost and, in a worst-case situation, could lead to bankruptcy and foreclosure.

Debt consolidation, on the other hand, means combining several loans into one. The purpose behind this is to:

→ Lower your interest cost.

→ Convert several monthly payments into one.

Payday loan consolidation involves combining all your payday loans into one loan. Once this is done, payments are made by the borrower directly to the payday loan consolidation company who, in turn, pays each of the payday lenders you have borrowed from.

The most significant benefit of payday loan consolidation is that the total amount you owe as well as your monthly installments can be significantly reduced.

Payday loan consolidation companies do not provide any information to the credit bureaus. Neither does your debt management plan appear on your credit report. So, signing up for a payday loan consolidation program should not directly affect your credit score. In fact, over the long-term, you could see an improvement in your score as you successfully pay off your debts.

You will make payments to the payday loan consolidation company who will pass on the money to your lenders.

Some companies hold on to your funds before making payments to lenders. It’s crucial that you deal only with a payday loan consolidation company that promises to pass on your money to your lenders immediately.

Yes, you can! The reduction in the amount you owe, and your new interest rate will vary based on the agreement that the payday loan consolidation company reaches with your lenders.

You will have to pay tax if the amount you have saved exceeds $600. The IRS treats sums above this threshold as income.

Yes, they can, but they are unlikely to initiate legal action after you have successfully enrolled in a payday loan consolidation program. Lawsuits can be expensive, and lenders are usually reluctant to sue borrowers who are paying them regularly.

In most instances, debt consolidation is a far superior way to get your finances in order. A debt consolidation program can help you to reduce your debt, lower the interest rate you pay, and improve your credit score.

Bankruptcy, on the other hand, is a far more drastic step. A bankruptcy filing can remain on your credit report for seven to ten years. You may also have to adhere to a strict budget for three to five years. If you take the bankruptcy route, raising a loan may require prior approval from the court.

If you can’t meet the new payment requirements under the payday loan consolidation plan, you are free to cancel the program at any time. When you do this, you will be responsible to your lenders for the loans you have taken.

It’s possible that a lender may not agree to work with a payday loan consolidation company and insist on dealing directly with the borrower. But it is highly unlikely.

Don’t forget that the primary objective of the payday lender is to get its money back. Payday loan consolidation companies provide the best possibility of this happening. The alternative is long-drawn and expensive lawsuits.

Yes, absolutely! The debt consolidation company will negotiate with the lender and attempt to arrive at a settlement that doesn’t involve wage garnishment.

At REAL PDL HELP, we have a transparent, easy-to-understand fee structure based on the actual results we obtain for you:

→ There are no advance fees.

→ No fees are collected unless your debt is resolved.

→ Fees usually range from 8% to 20% of the enrolled amount of debt into the program.

→ Fees could vary based on the state you live in.

As soon as you enroll in our debt consolidation program, the first thing we do is send a cease and desist letter to your lenders. We then become the primary contact for your payday loan debts. Our priority is to stop the harassing phone calls and to get the payday lenders out of your bank account.

The reduction in the amount of debt and the interest rate varies. We will negotiate with the lenders to get you the best possible deal.  Please check our customer savings page -- many of our customers have saved thousands of dollars by joining our program.

This depends on the amount of debt you owe and how much you can afford to pay every month. In most instances, our payday loan consolidation program extends for 6, 12, or 18-months.

You will be required to pay REAL PDL HELP. We will immediately pass on the money to your lenders under the terms of the payday loan consolidation plan.

We’ll be happy to help you if your payday loan debt is $600 or more.

You can be sure that your new monthly payment will be a fraction of the sum that you are currently required to pay your creditors. Typically, this amount will be 10% to 30% of what you were paying before.

We can help you consolidate and repay your payday loans.

After the payday loan consolidation program commences, most lenders will stop contacting you. However, there is a possibility that a lender may prefer to deal directly with the borrower.

If this happens, ask their representative to contact REAL PDL HELP. We will negotiate and try to convince the lender to deal with us instead. In the unlikely event this doesn’t work, you’ll have to continue interacting with the lender. They will probably offer you different repayment options to repay the debt you owe.

We can start today! All you need to do is to provide us with some information or call us on 1-855-413-4998.

REAL PDL HELP provides monthly statements to all its customers. You can also call us to get the current status of your account.

No, you don’t. The REAL PDL HELP payday loan consolidation program doesn’t require you to do this. However, you can close your checking account if you want to.

Fill out our free consultation form or call us at 1-855-413-4998.  The application process is free, quick and easy!  Once we have your existing loan details and an overview of your financial circumstances, our experts can get to work on your behalf and quickly help put you on the road to becoming debt-free.