I told John to relax, take a deep breath and tell me exactly what was going on. and that yes, I could help him right away but first I needed to know what kind of help he needed.
He hollered “Your website says I can get help with payday loan debt today and boy do I need it!”
I answered that yes, I could help him right away but again, first I needed to know what kind of help he needed.
He finally started breathing a bit slower and started to tell me his story, and as I listened I could have written this story myself because I had heard it so many times from so many of our clients.
Not only could I have written it but I had lived it!
I had experienced a very similar story myself when I was on the wrong side of these payday loans and this was a huge driving source for me building this site and helping people with similar issues with payday loan debt.
Kick your feet back and have a read!
John went on to tell me he had taken out a $500.00 payday loan and had planned to pay it off in full on the first due date, (lesson one) which would have been fine as this is the only way to ever use a payday loan but of course something came up and John had to extend his loan 2 weeks, ( lesson two) costing him another $150.00 in fees and interest.
Now he still owed the original loan plus the new interest and he did not make enough money to cover the amount due on the new due date, so he took out another payday loan (lesson Three) to cover the first payday loan’s payments.
Buried In Debt!
Johns debt snowballed into about $2800.00 in less than 2 months and was climbing by the day.
The interest alone was outrageous but then a new element was introduced into the mix, the payday loan company started the collection process.
As this st5ory started out, the collectors had convinced John they were bringing the police out to his house and if he did not pay on his loan the police would arrest him and take him to jail!
This, of course, was just one tactic of many used by these collectors as threats to scare people into paying.
They will talk a client into pawning their property, borrowing money from relatives and friends and on and on and all of this is pure talk.
Now that I knew what kind of help John was looking for it was easy to explain what kind of help I could give hin simply by sending him to our payday loan repayment plan page.
This page explains how we can stop all collection activity immediately and also eliminate all of his payday loan debt!
We have been helping people like John for years and every time we help another client, we consider it a victory in our fight against out of control payday loan debt.
If you are dealing with this issue give us a call toll-free at 1.877.280.5100 or fill out our form for a free quote on how we can help you, today!
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