The Solution

There are several solutions available today.  We offer a free consultation to help you better understand each so you can decide which solution would work best for your financial situation.  Listed below you will find the basic ideas and concepts of some of these key programs.

  Settlement

This is an aggressive process that is used where the debt settlement company works with you so you can actually payoff your payday loans at a fraction of what you owe.  This of course is the most popular since it is usually the fastest.

  Consolidation

With this process you combine all your payday loan debt into a new loan with lower interest rates.  Due to the lower interest rates that come with a fixed APR, you are likely to have less out of pocket monthly expense.  This allows you to actually pay the debt off. This is a slower process but it helps you to stay in good standing with your creditors.

  Negotiation

This is a process by which a trained expert can work with you to renegotiate your payday loan interest rates and terms.  This is very similar to settlement but the settlement process goes to the next level by reducing what you owe.

  Bankruptcy

Bankruptcy is yet another option.  A consult with legal representation is suggested to determine if this is the best option for you.

  Do Nothing

As always, this is an option.  Not really preferred, as it can have very serious repercussions in terms of the effects on your credit.  In some cases, you may end you up in legal disputes or court cases over the debt owed.

Again, this information is here to simply give you some basic information.  To really understand your options, fill out the application or contact us at 866-216-8712.  The initial consultation is free and then you will have a much better understanding of your options and you can now make an informed decision.