How To Get Out Of Payday Loans Legally

how to get out of payday loans legallyThe idea of getting out of payday loan loans legally at first sounds like a crazy statement and on the surface it is!

But if we dig down into the topic it will become more and more clear just how real this statement is and how many people really have the desire to do exactly that instead of what many consider the wrong way out of these debt traps!

Before we dig into this topic lets take a look at just how bad this type of debt has become for Payday Loans In The United States.

[Click Here To See How We Deal With Payday Lenders!]

That is an eye-opening read for sure and it really shows just how close we are getting to having debtors prisons again and this should scare people to no end!

Without getting too buried in the history of these types of loans let us explain what we mean by how to get out of payday loans, and by doing it legally.

The Trap

When you start to roll over these loans to cover previous loan payments or because you simply do not have the funds on payday to cover the loan payment, we call this entering the payday loan trap.

The first thing that happens when you roll these loans over is you get hit with paying just the interest charge and that charge is then added right back to the original loan amount, thus you have the same balance you started with, minus the interest you paid.

You are now caught in the payday loan trap. For an in-depth look at this check out our article What Is A Payday Loan Trap?

Once you get trapped in this debt the loan companies will work with you until you can no longer pay and since their sole job is to get every penny they can out of you in any way possible they now send in the payday loan collectors, and these guys are a nasty bunch!


These collectors will use any and every tactic imaginable from calling you at home and work, calling your employer and all of the references you used when taking out the loans to camping out at your house and harassing you, regardless of the laws.

If you are dealing with online companies they will call non stop day and night!

They will also threaten you with jail if you do not pay up and because many people have checks bouncing that are made out to these companies and bouncing checks is illegal they can actually pull this threat off with pretty good outcome for them.

This is what leads to people doing whatever it takes to pay these guys off as soon as possible as they get scared and desperate!

The two most common solutions people opt for are as follows, and in our eyes, both are really not an option at all and we will get into that shortly as we have the simple solution for this type of problem and we will share it with you soon!

Take a look!


This is the nasty one that wrecks your credit for seven years in most states and really should NEVER be used to get out of payday loan debt regardless of the amount owed!

I put it first just to get it out of the way so we can move on to more important and much wiser ways to discharge payday loans.

Many people backed up against a wall with out of control debt still think this way out is not the stand-up way to get out of debt and they also consider how people look at others who go this route and that plays into getting out of this type of problem legally.

While it is legal, it is looked down upon and completely avoidable, you do not EVER need to resort to this for this type of debt!

If you go this route, you are in for a ride, it is no fun and very hard to recover from in any short period of time and payday loan companies do not like this option either simply because they made no money once a filing takes place.

Sell Your Belongings

CashWe have had clients tell us they were told by the payday loan collectors that they needed to pawn or sell everything they could to cover their payday loan debt.

These people went out and did it!

These collectors do not care where you get the money, they just want the money period!

Many people have sold heirlooms, coin, and car collections and much much more, even property and houses to get the collectors off their backs.

This is also not the way to deal with payday loan debt. You will lose your belongings and many times not completely pay the debt off only to watch it grow back out of control in no time and you will be right back where you started only now you have nothing left!

We have seen people at this point get divorced and even commit suicide and this just is not necessary at all!

So, I told you I would share our choice when dealing with these people and here it is!

Consolidation Loan

This is one of the easiest ways people can get out of their debt, but the least shared and talked about.

It is like a big secret and these companies do not want you to know about it at all!

And people help these companies keep this secret!

Because most people who find themselves in any of the above situations have poor credit they do not bother even searching for this type of solution as banks and finance companies will not work with them, but we will!

Our Choice

I know I told you at the beginning we would explore how to get out of payday loan debt legally and here it is!

We recommend using a payday loan consolidation company like us to eliminate your debt!

We can show you how we can save you a ton of money, take over your loan, call off any collectors and stop any legal action just by following out Payday Loan Repayment Plan and the best part is everyone qualifies and we can start immediately to stop any and all calls, collections or legal action!

We actually take over your loans, make your payments and do all the talking with these companies so you will never have to talk to a loan collector again and on top of that we get your debt amount reduced by up to 75%

I know, it sounds too good to be true but this is one time that it actually is true and we can prove it by giving you a free quote on how much we can save you and how soon we can put your debt to bed!


Give us a call toll-free at 1.877.280.5100 or fill out our form for a free quote on how we can eliminate your payday loan debt and we will show you just how easy it is to call off the collectors and get this debt out of your life forever!

[Click Here To See How We Deal With Payday Lenders!]

Here is an excellent video on the horrors of getting caught in the payday loan trap and one worth watching!

22 thoughts on “How To Get Out Of Payday Loans Legally”

  1. Hi Shawn

    Payday loans have had a bad rap recently and rightly so, as you paying large APRs for small amounts of money. The companies that do this know that the people who need it are desperate and will do anything  just to get the money. It is a sad apart of life that people get into debt to buy goods that they don’t need.

    Thank God there are people like you who are prepared to help to consolidate the debt to get the vultures off your back. It is better to pay one amount than playing multiple companies. In this way a more affordable plan can be arrange. On average, how much money does the client safe if they consolidate the debt.

    Thank you


    1. Hi Antonio and thanks for the feedback!

      These loans companies do go all the way as far as collecting all the monies they can possibly squeeze out of their clients!


  2. Great list Shawn,

    Man, I was surprised to see bankruptcy as a way to get out of Payday Loans and although it’s a bad choice, it’s better than having those debt collectors chasing after you. My neighbour got into big trouble and the debt collectors started marking their door first and each day, they vandalise their house even more and there’s nothing I can do about it. 

    Definitely scary for those trapped in these never-ending loans. How about you, would you prefer getting debt collectors or bankruptcy if given the choice?

    1. Hi!

      I would take the consolidation loan choice we offer here at Help With Payday Loan Debt over bankruptcy and I would hope most people would go that route 🙂

      Thanks for the question!


  3. You mention the perfect solution is to consolidate the loans into one where I presume the interest rate is a fraction to what some of these well known company sharks tie you into and I have to agree that this is the best option rather than considering bankruptcy or selling your belongings to cover part of the payments.

    However when you initially acquire a payday loan with huge interest, I thought you were tied into their contract. Is it a straightforward process to cancel the agreement you initially had in order to escape the inflated interest charges or have you got to be in a situation that you can no longer afford to pay?

    I think this question is what confuses so many of us.
    Thanks for your advice,

    1. Hi, Simon!

      You must be in default of your payments or in so deap you can not keep up with the payments. At that point we can negotiate with the loan companies.

      Thanks for stopping by and if you have any more questions please feel free to contact us 🙂


  4. Sounds amazing what you’re promoting here, man. If you offer a easy solution for regular people to get out of their debt then that’s fantastic.

    Everyone hates all these debt collectors that will get your money once your income starts coming in. It’s pretty annoying. I will definitely check this out, and recommend this to my friends.

    Wish you all the best on your journey.

    – Victor

    1. Hi, Victor!

      Thanks so much for stopping by and checking out our service!

      Please pass us around and let everyone know we are here to help one and all with out of control payday loan debt!


  5. I always thought payday loans were a scam. I hate being in debt and couldn’t imagine being in debt to payday loans. However, many people do have to resort to this and you lay out some great ideas to get out of the mess if you’re in it. Question, does bankruptcy always eliminate the payday loans?

    1. Hey Scott!

      Yes, bankruptcy will eliminate your payday loan debt but it should be s last resort. We have much better options available to our clients.

      We look forward to showing you what those options are if you or yours ever need our services.


  6. I hate being in debt. This Post is great at giving me some ideas on how to close out debts such as a payday loan. Very informative and detailed information so I thank you for that. Selling some of my belongings is not a bad idea. There are so many different apps that help us sell our stuff these days, that would make it easy. I might do that. Filing for a BK will hurt me in the long run so I am trying to avoid this at all costs, but I do see it as an option for some. Consolidating debts looks like the best way to go if I can find a bank with my credit who will do it. thank you for the help. – Matt B.

    1. Hi, Matt!

      Consolidation sure works in many cases and it can also save you money in the long run compared to paying the high payday loan interest rates!

      If we can be of service to you please let us help!


  7. Hi Shawn. I am a debt adviser based in the UK and was very interested to read about the service that you offer. I help people to break the payday cycle without taking on any further borrowings. I can see that you consolidate peoples debt, but how do you do it? Do you pay of the existing debt and if so, do you have any problems getting the repayments out of the clients you are helping.

    1. Hi, Daniel!

      We do pay off the balance but only after we get paid. We set the clients up with a new affordable payday loan repayment plan and as they make their payments we then deal with the loan companies ourselves.

      Thanks for stopping by and check out the plan, it explains our whole process.


  8. Greetings Shawn!

    I must say very nicely structured, very eye catching. Payday loan collectors will try their best to intimidate you into paying back the cash. I personally have never taken out a loan as I’m very careful with cash. You really do need to save for rainy days.

    Thanks for the knowledge!

    1. Hi, Trevor!

      I am glad we could help you with some info on how payday loans can bury you in debt quickly!

      We agree, saving is always best!


  9. I personally have not acquired any payday loans, but I am curious as to how your company is able to help? Is there a set interest rate that you guys set up or does it vary by credit? I like the idea of being able to take care of it online and not having to deal with debt collectors directly.

  10. I found you to have great advise. I have been in this spot in the past and the way you present your post, I would be very interested in calling and seeing how much I would need to pay monthly to get out of debt. One thing for me, I have never seen the term Payday debt could you give me a quick definition and maybe have it at the top of your site. Thanks, always wanting to learn. Keep up the great service.

    1. Hi, Marc!

      Thanks for stopping by! We deal exclusively with payday loan debt and we can help anyone that has payday loan debt in the USA.

      Please feel free to fill out a free quote form!


  11. I have had issues with being in debt and have been lucky enough not to have to get behind on payments. Especially with payday loans as they have such high interest rates. They are the worst of the debt collector world as I can testify from personal incidents.

    I like the fact that you have put down impartial advice as well as your own reccomendation. However, I wanted to ask do you have any more information on what a UK resident can do?

    I notice your number is for the USA but do you have a UK branch?

    1. Hi, Connor!

      No, we do not have a branch currently in the UK but I do know similar companies like us are there.

      I think a quick google search would bring up some of the better one!

      Good luck and thanks for stopping by!


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