PAYDAY LOAN DEBT RELIEF-GET RID OF

Payday Loan Debt Relief--Get Rid Of The Albatross Around Your Neck

What is a Payday Loan?

A payday loan involves borrowing a small sum of money at a high interest rate. The amount of the loan will depend upon the borrower’s income. Repayment is usually made on the next payday. The loan term is usually about two weeks.

How do Payday Loans Work?

You have a bad credit score, and you need money quickly. Every lender that you approach turns you down. Where can you get cash immediately?

The answer is easy.

A payday loan company will be happy to lend you a few hundred dollars. The transaction takes only minutes. And you can walk out of one of the 23,000 payday lenders in the U.S. with the money in your pocket.

Typically, the borrower writes a check to the lender. The amount includes the total of the loan itself along with the fee for borrowing money. The lender holds onto the check and agrees to cash it after the borrower’s payday or another set date.

In theory, a payday loan can serve as a huge help to those who find themselves in a crunch…but most payday loan interest rates are generally as high as 400%! Many customers are unaware of the financial dangers ahead when entering into the terms of a payday loan, especially since each state has their own laws regarding these loans.

Who’s Eligible for a Payday Loan?

Everybody!

Well, almost. All that you usually need to qualify for a payday loan is:

• A valid ID
• A checking account
• Proof of income

Just show the lender these documents, and you can get a loan.

What’s the Problem With Payday Loans?

There are two big issues with payday loans. The first is that they are expensive.

This example that we’ve taken from the information section of the website of the Federal Trade Commission tells you how much a payday loan can cost:

Let’s assume you borrow $500 from a payday lender. You’re told that you need to pay a fee of $15 for every $100. That works out to $75 for a $500 loan.

The repayment is to be made in 2 weeks. It works out to an annual percentage rate (APR) of 391% if you do the math. That’s astronomically high, considering the average rate of interest charged by credit card companies is only 15%.

The Other Big Problem With Payday Loans

If you can’t repay your payday loan debt, the lender could give you an option. They’ll tell you to roll over the loan.

A “rollover” seems to be an excellent solution. But it’s a trap. To roll over the loan, you must pay an additional fee. To understand what this means, let’s continue with the example of the $500 payday loan that cost $75 in fees.

At the end of two weeks, you owed the payday loan company $575. Now, with the rollover, which gives you an additional two weeks to repay, you owe $650 ($575 + $75).

And if you continue this process for a few more weeks, you’ll be hundreds of dollars in payday loan debt with little hope of ever paying it off.

Remember the lyrics from Hotel California, the Eagles’ most famous song?

You can check out any time you like
But you can never leave!

That’s the situation in which most payday loan borrowers find themselves.

Impact on Your Credit Score--A Double Whammy

Repaying payday loan debt on time doesn’t help your credit score. That’s because payday lenders don’t generally provide any information about your loan to the national credit reporting agencies.

Consequently, even if you pay the lender on time, it will not get you a better credit score.

However, not paying on time can lower your score. This can happen because payday lenders can sell unpaid loans to a debt collection agency. And the debt collector could provide these details to the credit reporting agencies.

Carrying the Debt of Too Many Payday Loans

Here is some data from the Consumer Financial Protection Bureau (CFPB) that illustrates how payday loans can harm an individual’s financial health:

80 percent of payday loans are rolled over or renewed within a fortnight.
Most payday loans are made to people who end up paying more in fees than in the amounts they originally borrowed.
Half of all payday loans are made to people who have borrowed ten or more loans in a row.

A Tried and Trusted Approach to Payday Loan Relief

Are you up to your neck in payday loan debt? Do you feel helpless? Do you want to regain control over your finances?

REAL PDL HELP offers you a way out.

First off, we’d like to tell you that:

We don’t charge any advance fees and
We will not collect any fees before resolving your payday loan debt.

We advise you to be careful. You don’t want to be caught in a payday loan scam. There are a lot of unscrupulous companies out there who are looking to make a fast buck. It’s best to deal only with trusted companies that have built a reputation for helping people out of payday loan debt.

We’re proud to tell you that at REAL PDL HELP, we have a long history of successfully getting people out of the cycle of payday loan debt.

Getting the Collection Agency Off Your Back

Collection agencies are required to follow the Fair Debt Collection Practices Act.

Under these rules, debt collectors can’t threaten to have you arrested. They also can’t do any of these things:
 

Call you again and again with the intention to harass you.
Use obscene language.
Threaten you with violence.
Lie about the amount you owe.

In fact, you can get debt collectors to stop contacting you altogether. And we, at REAL PDL HELP, can work with you to stop their calls. When you enroll in our program, one of the first things we do is to issue cease and desist letters to all your lenders. Subsequently, all communication is through us.

Help With Your Payday Loan Debt

We are a top-rated payday loan consolidation company with a stellar record of getting payday lenders to stop charging interest and fees on the payday loans our clients have taken.

And the best part about our debt consolidation program is that you don’t risk anything at all. We offer a free consultation to individuals who want to get out of payday loan debt. All you have to do is complete a simple online form to get started. It takes just a few seconds. Or, if you prefer, you can call or email a loan specialist to get started.

Help Getting Out of Payday Loan Debt--Here’s What REAL PDL HELP Can Do

There are several concrete benefits that our payday loan debt consolidation clients receive:
 

Lenders and debt collectors will stop contacting you. As a result, you’ll regain your mental peace.
Lenders will not be able to automatically debit your checking account any longer. You can continue to operate your account.
The payment you will be required to make under the terms of the payday loan consolidation program will be affordable.
You won’t need to adjust your budget any longer.
Our payday relief programs will ensure you get the maximum possible discount on your interest and payday loan fees.
There are no advance fees. We won’t collect any fees without first resolving your payday loan debt.

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Need Debt Relief? Try Payday Loan Consolidation!

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Check out a quick video on all you need to know about our payday loan relief process.

Real PDL Help: Payday Loan Help You Can Trust

At Real PDL Help, we’re driven by a deep connection with our clients and an unflagging commitment to providing them with the answers and the tools they need to have healthy, confident financial futures, faster than they ever thought possible.

We’ve helped hundreds of men and women find the solutions they need to consolidate payday loans and get out from under their own mountains of debt, offering real, workable payday loan consolidation plans that are designed for success, right from the start.

If you’re ready to leave your payday loan nightmare behind and wake up to a new and better financial future, we’re ready to help. Contact Real PDL Help today at 855-413-4998 and get started with a free consultation. It’s one of the smartest financial moves you’ll ever make.

Call us today and we will gladly get you started on the road to payday loan freedom!

Testimonials

Mike, I can’t thank you and Mark enough! I have been having chest pains and panic a9acks trying to figure out how to make ends meet. My family wouldn’t help me. I was at a loss. Thank you from the bo9om of my heart. I am hoping I can find someone off the list you are sending
that can put me can give me a loan. In Florida you can only have one open payday loan but somehow, I just have not come across the right one that will give me another one. Again, thanks to you guys.

–Diane,

REAL PDL HELP serviced my loans for almost two years. We did not finish - we almost finished but due to COVID had to include the rest in a Chapter 13. I was so impressed with the service I received! Phyllis was WONDERFUL and always responsive to my questions or needs. At the end I received a complete accounting of where my money went and have been issued a refund of unused funds. I have referred others to them and have heard nothing but good things from everyone I have referred. The creditors stopped calling once I got REAL PDL on board. I highly recommend them if you have a need for their services. They are legit and can truly help you.

Thanks to all at REAL PDL Help - you were a true blessing.

Starla Sanders,

"First I just want to say thank you for all the help your company has done for me and my family. I don’t know where I’d be financially if I had never found and joined the program. It really took a load off my back and made my life less stressful. I am finally getting back to where I need and should be with my bills and it feels great to be seeing money in my account as it should have been looking without all the debits from other lenders just taking it out of my account. The service you have provided for me couldn’t be any better and the employees were so kind. Again I just want to say thank you again and I will spread to the word about the company. Thank you guys so much again for making me feel alive again."

Lincoln, NE

Ryan G.,

"I am so pleased with how the company operates and how every issues I had were handled. At times it was hard to reach someone that could help but it never took long for somebody to get back to me whether it be email or a call to get exactly what I need help with. The comfort that you guys provided made it real easy to work with and everything you had said you guys owned up to the services you provided. Now I am debt free from all loans and couldn’t be more excited and a big part of that is because of you guys. Thank you so much for all that you guys did and I wish nothing but the best for you as a company."

San Diego, CA

Katie T.,

"I just wanted to take a minute to thank all the people at Real PDL Help. I worked mainly with Denise and she was so kind and helpful. I didn’t know what I was going to do I had so many payday loans and I couldn’t get out from under them. I was so stressed out, but Denise helped calm my fears, she worked with me on a payment plan that I could afford and we got all the lenders paid. It took 18 months, but I am so relieved I tell everybody I know how pleased I am with your services."

San Diego, CA

Margaret L.,

"First off I just wanted to express to Real PDL Help how thankful I am for their assistance. I am a single mother who was struggling to make ends meet. I applied for a payday loan and was approved. Unfortunately, I kept getting approved and then started getting debited by these lenders. I didn’t know what to do till I found Real PDL Help. They have helped me consolidate my loans and also educate me so this won’t happen to me again. God Bless!!"

Gettysburg, PA

Wilma B.,

"I have three letters to explain Real PDL Help WOW! I was paying almost $2,000 every two weeks before I found them. Now, I pay $250.00 every two weeks and I finally have money for things I need. The customer service is second to none I must have called 100 times when I first began I was nervous & scared. The representatives at Real PDL Help always reassured me so I could finally relax. My life is finally going back to normal, no more harassing calls and the money I make is in my checking account too."

Detroit, MI

Dylan W.,

"Real PDL Help is an excellent company. I was in over my head with payday loans and they were quick to jump in and assist with the process. I would HIGHLY recommend them to anyone who is under water with Payday loans. Phyliss was very helpful with explaining the process and their fees are very reasonable!"

Chicago, IL

Lucy L.,

Real PDL Help is amazing, if you’re looking at them you obviously need the help, reach out. You won’t regret it, I don’t know about the other reviews but even in a global pandemic they were very responsive and talked me through the entire process. Phillis is an angel from heaven, she saved my sanity. I know there’s really no excuse for taking out a payday loan regardless of what people say. Theres even less of a reason to default! Which I did, I’m not saying results are typical, but they helped me so much. I saved thousands, today I am PDL debt free and I have Phillis and Real PDL Help to thank. The fact of the matter is people are ridiculous, not enough happy people leave reviews but you know every single person who doesn’t hear what they want will leave the most negative reviews. They’re great, I’m living proof you can take action and get out of debt.

Jess,

"First let me say, what a relief it has been doing business with Real PDL Help! At one point, I thought there was no way out of all the debt I had put myself in. I spent many hours searching for a debt consolidation company that I felt comfortable with and would benefit me, and help get myself out of the trap I fell into with the online loans. I have searched many companies and had my doubts even with Real PDL Help, but when I talked to one of the representatives there, they answered the questions and concerns I had about the whole process.

When I had a problem or ran into an issue with one of the online lenders or more, I just called or emailed my point of contact. Not going to lie, at times it took a bit for a reply or even a call back, but someone always got back to me within a reasonable time to handle whatever it was that I had. I have never felt so stress-free now that I am back on my feet financially. It feels good to see money I have worked hard for being spent on anything other than paying back the interest and fees the lenders have charged me! Much Thanks to Real PDL Help!"

Raleigh, NC

Caroline W.,

"I was referred to Real PDL Help by a coworker who spoke very highly of their services. I was doubtful in the beginning because I didn’t think these lenders would stop harassing me. Real PDL Help made the lenders stop bothering me and helped get my money back. No one else seemed to have any clue how I could stop these payday lenders. The consolidation of debt process was detailed and it made me feel like they knew how to help. They have been a godsend because I didn’t know what to do."

Baton Rouge, LA

Elvira M.,

"I joined the Real PDL Help Company in June 2016. I was so overwhelmed with these payday loans I didn’t know what to do. It seemed I would never get them paid off and they were taking most of my paycheck before I even got it. The total amount I owed when I started with Real PDL Help was about $6500.00. They set me up on a 30-month plan of $140.00 biweekly. What a relief, I had been shelling out to those lenders $600-700.00 every payday.

We had a big problem with one of the lenders, they debited my account for the whole amount of the loan, $818.00 in July. I called Real PDL Help, and they helped me contact my bank to let them know the company wasn’t supposed to do that because we canceled it. After a lengthy call with my bank, we were able to get it reversed. I cannot thank the folks at Real PDL Help enough.

Here it is January, we have settled 2 of my accounts and are working to get the others done. I have been able to catch up on my mortgage, this is such a relief. I am so pleased with the service I have received I would tell anybody who has the payday loan nightmares that I did, this company can help you."

Lakeland, FL

Donna J.,

I had so many pay day loans & I didn't know what to do to get out of dept. I went to Google & found, Real Payday Loan Help & they help me with a payment plan that I could afford. Now I'm payday loan free & the payment plan went by fast. They will help you if you feel like there are no alternatives. I'm grateful.

Rachel Plowden,

The three major national credit bureaus are:

Experian

Equifax

TransUnion

Experian

P.O. Box 9556
Allen, TX 75013
1-888-397-3742

Equifax

P.O. Box 740241
Atlanta, GA 30374-0241
1-800-685-1111
1-800-797-6801
Dispute Fax #: 1-888-826-0573

TransUnion

Trans Union Consumer Relations
P.O. Box 2000
Chester, PA 19022-2000
1-800-888-4213
1-888-259-6845
1-800-916-8800 (consumer relations)

PAYDAY LOAN DEBT RELIEF