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Welcome to Payday Loan Debt Helpers – We help with providing debt consolidation

What is payday loan help and how we provide it?

We are a consolidation company that assists individuals who have multiple outstanding payday loans. We help people combine their loans into one easy-to-manage monthly payment and escape the debt trap. Cash advance loans can quickly get out of hand and cause severe financial distress. If you find yourself in a tough situation, we can help you and provide immediate relief if you qualify for our debt consolidation program.

What is payday loan help

What is payday loan help


A debt consolidation loan is a financial instrument that is used to provide repayment of the debts you already have. This is achieved by combining them into a single and easily manageable monthly payment with a new interest rate. Thus, you can decrease the number of different bills you have to repay and the interest rate.

Usually, new consolidated loans are unsecured. This means that they are based only on the borrower’s promise to pay. That does not in any case mean there isn’t the possibility of taking out a secured loan which is guaranteed with a valuable piece of the borrower’s property. A valuable asset would be a house, a car or even a different bank account or insurance policy on the borrower’s name. Of course, it is most common that unsecured loans are taken. Normally, secured loans would come with a lower interest rate.

To decide whether debt consolidation is the right thing for you to do, you should keep in mind both its advantages and disadvantages. To simplify the debt repayment schedule, lower the interst you’re paying and regain some of your credit reputation – these are the common advantages of debt consolidation. However, make sure that you’re not cancelling all your credit cards at once after repaying your debts. This is a common  mistake and usually leads to damages on your credit score.

How can taking out a payday loan lead to debt consolidation?

A payday loan generally refers to financial aid given to a debtor by the creditor and is expected to be repaid with funds from the debtor’s next paycheck. It is a short-term unsecured loan. This means that it has a shorter maturity period hence should be repaid quickly. No property is attached to it as a guarantee in case the debtor fails to repay. Instead the payment is based more on trust.

How can taking out a payday loan lead to debt consolidation?

How can taking out a payday loan lead to debt consolidation?

However, in desperate times you may find yourself applying for another loan if the previous one did not actually meet your set obligations. Many people also choose to renew their loans by just paying the interest. This starts a vicious cycle that can be extremely difficult to get out of. In the event that you fail to make payments promptly, the collection calls and threats of lawsuits from your creditors start. Instead of renewing the payday loan it is advisable to  turn  to a debt consolidation company.

How to know whether you qualify as a loan borrower?

There are only three equal important conditions that determine whether you qualify for our consolidation program or not. First of all, you should have a source of income that would guarantee your ability to repay. Secondly, you have to be obliged to at least two preceding payday loans. Lastly, your combined debt should be amounting to at least $1,000.

What Do I Need To Qualify For Payday Loan Consolidation?

1. Identification A valid national identity card or passport
2. Bank account An active checking account
3. Income Provide a proof of recurrent income or employment

What are the benefits of payday loan consolidation?

  • All loans are consolidated into one
  • It is easy to track
  • You can avoid late payments
  • Easy to manage
  • A reduced monthly payment
  • Avoid calls from several lenders
  • No upfront fees
  • Psychological benefits
  • Secure and safe to transact


Payday Loan Consolidation Benefits

Payday Loan Consolidation Benefits”

How to get stefitsarted immediately?

How to get started immediately?

How to get started immediately?

– Fill out our free evaluation form or call us directly.

– Tell us about your payday loan obligations and our trained counselors will give you a free consultation.

– We’ll give you a free quotation detailing how much and for how long you would need to consolidate to get rid of your payday loan debt.

– Sign up securely from the comfort and convenience of your own home.

– We’ll contact your lenders and negotiate for a settlement of your debt.

– You direct all your creditors and lenders to us and don’t have to deal with them yourself anymore.

– Make one monthly payment into a secure escrow account.

– As the funds build up, we’ll make payment to your creditors on the agreed settlement amount.

– Complete the program and you’ll be debt-free.

Are there any other options?

Bankruptcy:

There are other legal options that are conducted with the obligatory participation of the court. These are consumer bankruptcy and liquidation. Bankruptcy is about re-organizing your payment plans and liquidation is about deleting the unsecured debts and repaying the secured ones. Liquidation usually requires selling property. Both procedures require the obligatory participation of your creditors. These procedures have a serious negative impact on your credit history depending on its situation. In general, most unsecured debts can be included in your bankruptcy filing and be discharged. However, bankruptcy should be viewed as a last resort as that can have a lasting negative impact on your credit history. You also need to meet income and asset requirements to qualify for a Chapter 7 Bankruptcy.

Are there any other options?

Are there any other options?

Home Equity Loan:

Sometimes, it may be possible to use your house to pay off debts. The biggest disadvantage to this is that you are using your home as collateral. This means you risk losing your house if you are unable to manage the loan payments.

Credit counseling organizations:

Credit counseling organizations are funded by financial institutions. Part of their services is providing free financial lessons to customers. Some of them could help you with repayment management, including the option of arranging reduced rates and penalty fees. On the other hand, this may have a negative impact on your credit score and history because of the inevitable cancellation of credit cards.

Debt settlement program:

Another alternative is a debt settlement program. Such programs are administered by intermediary institutions. Their role in the loan process is to negotiate for a significant discount of your debt. All payments by the debtor are made to the debt settlement company. The company withholds payments to the creditors, until the debtor’s accounts are in default due to this non-payment. Then the debt settlement company has leverage to force the debtor to accept a reduced lump sum payment as settlement. This process might also have a negative impact on your credit score in the near future.

Credit card balance transfers:

Lastly, there are credit card balance transfers. They concern credit card debt. The main purpose of this is to transfer your financial assets from a credit card program with higher rates to a cheaper program. Of course, the possibility of such transactions depends on the rules and practices of the financial institution that provides your credit card program.

Actual Client Testimonials

"Your professional assistance in negotiating settlements have been such a God send for my husband and myself when he was unexpectedly hospitalized due to a life threatening illness… With my husband’s illness and long recovery, your wonderful assistance allowed me to fulfill my duties to my family without additional worries… I would recommend your company to anyone that truly desires to settle their debt. May God bless each of you as well as your company's continued success."

Susan D.Dallas, TX

"I just wanted to say "THANK YOU" I appreciate the kindness that you have shown me through this process of debt settlement. There were days; whereas, fear gripped my heart. But, you were right there to guide me through. If there was ever a time that I had to leave a message; as of today, I never waited over 15 minutes for you to contact me. I can't express what it meant to me for you to be so prompt. Once again, "Thank You," if possible, would you please forward this email to your supervisor. "

Andrew T.Los Angeles, CA

"Thank you so much, You have been very helpful Nicole. I will be sure to tell someone else if I speak to anyone else in your company how helpful you have been. This is a hard thing to deal with and very stressful with being so broke and then having all these people after me. To me, it felt as if it was just as important to you as it was to me that the situation be handled. Most companies care only about themselves and the money to be made but you truly proved to me that your comapny cares about their customers."

Annie C.Houston, TX