Payday Loan Debt Assistance
Most payday loans have interest rates between 391 percent to 521 percent. This can mean that consumers could end up paying hundreds of dollars each year in fees, especially if they are caught in the lending cycle.
We have excellent relationships with payday lenders that can lower your interest rate and repay your loan fully. We believe that our free credit counseling session can reduce your dependence on a payday loan.
We will discuss the high costs of payday loans and give suggestions for how to avoid them. We will look at your debts and determine how we can assist you in repaying your payday loan debt.
We can help end the cycle of payday loan borrowing.
Consolidationnow Reduction Services is a non-profit Consumer Credit Counseling Service that helps consumers reduce their debt.
Call us today at 1-866-688-3328
We also offer:
Debt Consolidation Program
The Debt Consolidation Program consolidates all of your debts into one monthly installment, eliminating the need to take out a loan. This will allow you to achieve financial stability.
- Take up to 50% off your monthly payments
- As low as 75% interest rates
- Learn about your debt relief options
- Reduce your debts sooner
- Don’t delay or pay too much
- Stop making collection calls
What’s a Debt Consolidation Program?
A debt consolidation program is a service that involves a formal process to restructure your debt. It will combine multiple accounts (primarily credit cards) into one monthly payment. You will then receive the funds from the original lender.
Our main goal is to eliminate all debt and save money. All accounts will then be reported as “paid-as-agreed.”
Credit Card Debt Relief
If you are struggling to make your monthly payments or have credit card debt that is higher than your income, a credit card debt relief program may be a good choice.
It is possible to beat credit card debts.
Your credit score is neutral. Your credit score is neutral. Your credit card balances don’t decrease, and minimum or slightly higher than the minimum payments aren’t helping you pay off your debt. You could end up in more trouble and not be able to get rid of your debt.
How do I pay off my credit card debt?
Once you’ve committed to paying down your credit card debt, how do you begin? Create a consolidated view that includes all of your credit cards. This information will include who you owe, how much, and which ones you should prioritize.
Next, you need to pay off your debt. After making sacrifices and eliminating unnecessary spending, you can move on to paying off your debt. Creditor acknowledgment will help you avoid the headaches that come with a collection debt.
Many popular and safe options can provide you with long-term debt relief.
These are just a few of the many methods available. These methods are not enough. You need to review your spending habits and cut out unnecessary purchases. This will prevent you from accruing debt in the future.
Free Personal Finance Education
We offer courses to help you improve your financial abilities, whether you’re looking for a certificate or additional tools to increase the ability to save money in the bank.
Student Loan Debt Counseling
Counseling for Students with Consolidationnow Reduction Services
It can be difficult to understand student loans and their terms and repayment options. They can help you decide which option is best for you.
With their help, you can get an affordable monthly payment and will be on track to repay your loan. We can help you determine your eligibility for loan forgiveness or hardship.
Medical Debt Relief
Are you unable to pay your medical bills due to unforeseen circumstances? Are you concerned about a judgment, wage garnishment, or severe credit damage?
We can help!
We have relationships with many U.S. hospitals to alleviate financial distress from medical debt.
Debt Collection Help
We assist those who are in financial trouble, such as credit card debt and other financial issues. This page will tell you about our free counseling services.
According to PewTrust.org, the following statistics show how payday loan borrowing is represented. These statistics confirm that payday loan borrowing is a major problem for many loans.
- Seven out of ten borrowers use payday loans to pay regular bills such as rent or utilities.
- 75% of borrowers of payday loans get 11 or more loans every year.
- 58% Of payday loan borrowers have difficulty paying their monthly expenses.
These numbers reveal that many thousands of payday loan borrowers remain stuck in a vicious cycle. The counseling session and calls are free. We can help you get out of debt.