Payday Loan Consolidation Help

Q: What is the best way to get out of debt if I have multiple payday loans that I can’t repay?

For most people, a payday loan consolidation program should be the first option to consider. The REAL PDL HELP payday loan consolidation program can lower the interest rates that you are currently paying, provide you with a reduced monthly payment, and even help to improve your credit score gradually.

Q: How much will I need to pay to REAL PDL HELP in fees and charges for their debt management programs?

Our fees range from 8% to 20% of the enrolled debt amount. There are no advance fees - you pay only for actual results.

Q: Will I stop getting calls from collection agencies? Will the direct debits to my checking account stop?

Yes, most of our customers stop getting calls from collection agents. You will probably also get relief from the automatic debits to your checking account.

Q: Will REAL PDL HELP charge me for an initial consultation?

No, the initial individual assessment by one of our team members is free. We’ll provide a complimentary one-on-one counseling session and answer any questions you may have. Subsequently, you can decide whether you want to use our services.

Q: How can I check whether the payday lender I have borrowed from is a member of the Community Financial Services Association of America (CFSA)?

Look on their website for this logo: https://realpdlhelp.com/wp-content/uploads/2019/11/cfsa-300x184.png

Q: What are the different options I have to get out of payday loan debt?

These are your options: The REAL PDL HELP debt consolidation program A debt consolidation loan An extended payment plan from your payday lender (This is subject to state laws. Additionally, the lender should be a CFSA member.) Debt settlement Bankruptcy

Q: Why should I use the services of REAL PDL HELP? Why can’t I negotiate directly with the payday loan companies I have borrowed

At REAL PDL HELP, we have provided our services to hundreds of customers like you. It’s likely that we have dealt extensively with the lenders you have borrowed from. We know which negotiating tactics work and which don’t.

Q: Are the fees that REAL PDL HELP charges worth the expense?

Yes, they are. You will pay a far lower amount to your lenders after taking our fees into account. In addition to saving money, you will stop getting calls from collection agencies.

Q: How long will it take to pay off my payday loans through REAL PDL HELP?

That depends on how much you owe and how much you can afford to pay every month. Most of our customers pay off their loans within six to 18 months.

Q: What is the impact of the REAL PDL HELP debt consolidation program on my credit score?

If you make your new monthly payments regularly, your credit score will show a gradual improvement.

Real PDL Help Debt Relief:
Payday Loan Consolidation That Works!

Struggling with payday loan debt?
Are the payments more than you can afford?
If your answer to these questions is “yes,”

you're not alone. A government study found that 12 million Americans use payday loans each year. They pay $9 billion annually in payday loan fees. A typical $375 loan results in $520 in fees because of repeat borrowing.

Does that sound familiar?

Fortunately, there’s a way out of the payday loan trap. A debt management program could offer a solution.

A payday loan consolidation company like Real PDL Help can work with your lenders and negotiate a better outcome on your behalf. These are some of the benefits you can get with the Real PDL Help payday loan debt consolidation program:

Lower interest rates on your existing loans.
A settlement of your payday loan. You’ll frequently pay less than the total amount you owe to your lenders.
Reduced monthly payments. We’ll ask you how much you can afford to pay before we work out your payment plan and that's all you'll need to pay until the loan is paid off.
No more calls from collection agents.
A stop to payday loan companies taking money directly out of your checking account.
A financially secure debt-free future.

One Affordable Monthly Payment

On our debt management programs, instead of making several payments to different payday loan companies, you’ll be making one affordable monthly payment to us. We’ll pass the contractually agreed amount on to the lenders. And with detailed monthly statements, we’ll keep you informed of the payments that have been made, as well as your outstanding balances, so you can keep track of your progress in becoming debt-free.

When you join the Real PDL Help payday loan consolidation program, our team will work out a comprehensive debt management plan just for you. We’ll ask you to furnish answers to the following questions:

What is your weekly income?
How much do you spend on rent, utilities, food, and other basic expenses?

We’ll use these details to tailor a debt management plan that takes into account your income level as well as your cash requirements.

Industry-leading Resources

That's not all -- at REAL PDL HELP, we believe that payday loan borrowers should have access to all the relevant information they need to find the best way to pay off their loans. With this purpose in mind, we have developed a range of tools and resources to familiarize you with every aspect of payday loans, as well as to help you manage your loans independently.

We encourage you to explore the free material that is available on our website:

Sample letters that you can write to the payday loan companies.
Debt calculators to help you estimate your payments and potential savings
A payday loan map that provides details of the loan regulations in each state.

Get a Free Consultation

* - Required Field

Name*
First Last
Email*
Phone*
Debt Ammount
# of Loans?

Stressed man Thinking of Payday Loan Consolidation Program

Need Debt Relief? Try Payday Loan Consolidation!

Debt Management Plans - Real PDL Help

Debt Management Plans That Work And Save You Money

Enlarge

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

Is Payday loan consolidation really for you?

couple discussing finances - escape the cycle of payday loan debt

Trying to escape the cycle of payday loan debt? Payday loan consolidation offers the chance of making a new beginning. The REAL PDL HELP payday loan consolidation program will show you how to pay off your debts in a surprisingly short period.

You should consider consolidating your payday loans if you:

Have more than one payday loan.
Find it difficult to meet your repayment obligations.
Take new loans to pay off older loans.
Have payday lenders taking money directly out of your checking account.
Can afford to pay a fixed sum every month.

Debt consolidation program vs. debt settlement vs. debt consolidation loan – what’s the difference? Which is better?

Debt consolidation program

Debt settlement

Debt consolidation loan
Does it involve taking a new loan?

No

No

Yes
Will it reduce the amount you owe your lenders?

Yes. Frequently your principal is reduced and paid off as a lump sum at the end of the payday loan consolidation program, not the beginning.

Yes. Traditionally, settlement requires a single lump sum payment and therefore sufficient cash flow to pay off a debt in full by paying a reduced amount up front.

No
Do you need to provide any collateral?

No

No

Yes*
How does it affect your credit score?

As you make payments under the debt consolidation program, your score will improve gradually

Your rating with agencies like Clarity, which focus on subprime borrowers, may fall.

Your credit score will dip initially when the lender makes a hard inquiry when you apply for a new loan. After that, it will improve.

* Some debt consolidation loans may be available without collateral. But these loans are usually provided only at high rates of interest.

Real PDL Help Payday Loan Consolidation:
A step-by-step approach

step

1

1

REVIEW YOUR BUDGET

Payday loan consolidation begins with a review of your budget and expenses so we gain a clear picture of your current financial situation. With a deep understanding of where you are with your finances, we can make sure the payment plan we develop just for you is truly based on your real needs. You’ll need to provide us with all the background information you can about outstanding loan balances, your regular expenses, and your income to help us build a truly workable solution that’s customized specifically for your needs - and your success.
step

2

2

END THE WITHDRAWALS

Then, we’ll guide you through the process of getting payday lenders out of your bank accounts. Payday lenders are like unwelcome house guests: Once you give a lender access to your bank accounts, you need to formally kick them out - evict them - using a special process that prevents them from withdrawing any more of your money.
step

3

3

NEGOTIATE WITH YOUR LENDERS

Next, we’ll contact each lender to let them know about your new payday loan consolidation plan and to initiate the consolidation process. That typically involves gathering together your loans, negotiating terms with the original lenders, and rolling all your outstanding balances into a new loan with a new payment plan that’s “borrower friendly” and structured to suit your own budget and financial picture.
step

4

4

SIGN & SUPPORT

After the paperwork is done and you're on your way to becoming debt-free, our skilled team of financial advisers will continue to work with you throughout the process, providing you with the education, information and one-on-one personalized guidance you need to feel empowered, confident and in control of your own financial destiny.

Other options to get out of payday loan debt

Options to Get Out of Payday Loan Debt What if you think a debt consolidation program is not for you?
You can’t see yourself making regular payments for months to your lenders. Some people want to get their payday loans behind them once and for all and make a fresh start.

If you fall into this category, there are four other options:

Bankruptcy

This is an extreme option. Usually, it should only be considered as a last resort.
Here are the situations in which you should seriously think about filing for bankruptcy:

You find yourself paying for food and other necessities with your credit card, and you know you won’t be able to repay the card issuer at the end of the month.
Your wages are being garnished.
There’s a possibility that your assets will be taken away by lenders.
You don’t have a regular source of income.
It’s getting impossible to handle the stress of being unable to meet your financial commitments.

Don’t choose this option lightly. There are filing fees involved, and you would have to pay your lawyer, as well. Your credit score will nosedive. It could take years to raise it again. Additionally, the bankruptcy reference will remain in your credit file for seven to ten years.

Debt settlement

If you can afford it, this could be your best option. Debt settlement involves paying off your payday loan lenders with a one-time lump sum payment.

You should also know that many payday loan companies don’t provide repayment information to the traditional credit bureaus like TransUnion, Experian, and Equifax. Instead they send your data to credit bureaus like Clarity, which focus on subprime borrowers. A poor rating by an agency like Clarity is not necessarily bad. It could prevent you from taking another payday loan!

Debt consolidation loan

Don’t confuse a debt consolidation loan with a debt consolidation program. A debt consolidation program can involve lower interest rates on your existing payday loans and reduced monthly payments.

A debt consolidation loan, on the other hand, is a new loan that you take to pay off your existing loans.

Why could that be a bad thing? Put yourself in the shoes of the lender who would be giving you the debt consolidation loan. This financial institution would have to take into account the fact that you are struggling to pay your current debts. So, why should they lend to you?

This is the reason for debt consolidation loans carrying high rates of interest. Alternately, you would be required to put up collateral. This could be in the form of your car, your house, or some other asset.

Take a secured debt consolidation loan only if you are sure you can afford to repay. Otherwise, you risk losing the collateral you have provided.Don’t forget to consider the implication on your credit score. Applying for a debt consolidation loan will result in the lender making an inquiry about your credit. This could have a negative affect on your score. However, your credit score will improve if you make regular loan repayments.

Extended payment plan (EPP)

Some payday lenders are members of the Community Financial Services Association of America (CFSA). These companies offer payday loan borrowers the option of an extended payment plan (EPP).

If you find it difficult to repay your payday loan, check if your lender is a member of CFSA and whether the EPP is available. It involves paying the loan balance in four installments. The extended payment plan doesn’t involve any extra fees.

Remember that if you want to opt for the EPP, you must inform the payday lender before the loan falls due.

Using this option provides two advantages. One is that you get extra time to repay. Secondly, by making payments within the extended period, you can avoid lowering your credit score.

Our Credit Counseling Works! Take action now! 7 simple steps to get your financial life in order

Make a budget and stick to it.
Set money aside at the beginning of the month for essential expenses like rent, food, and utilities.
Don’t make impulse purchases.
Think of ways to increase your income. Consider taking up a part-time job.
Make a plan to pay off your high-cost loans.
Stop using your credit cards if you can’t pay off the statement balance every month.
Stay away from payday loans and other subprime loans.

More Information About Budget Discipline and Credit Counseling

10 THINGS TO LOOK FOR IN A PAYDAY LOAN CONSOLIDATION COMPANY

How old is the company? A company that has been in existence for at least several years old is more likely to be able to help you.
Carry out a quick internet check. You don’t want to engage a payday loan consolidation company that other customers have complained against.
Are you required to make an upfront payment? Stay away from companies that ask you for money before they begin work.
Do they have a phone number on which you can contact them? Do they respond to your emails? Is there a physical address mentioned on their website? Be wary of companies that don’t provide a street address.
Is the company making promises that could seem hard to fulfill? Do they say they can settle your debt for pennies on the dollar? Be careful, it could be a scam.
Check out the customer reviews on their website.
Examine the company’s website closely. Does it have a blog that provides useful information? Are there debt calculators you can use?
Find out if the company will enter into a written contract with you? Ask to see a copy.
Do you know anybody who has used the company’s services? A recommendation from a friend or relative could help you make the right choice.
Finally, check with the company if they will keep your information confidential. You wouldn’t want the payday loan consolidation company to sell your financial details to other firms.

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 HELP