By Shawn Lee Martin
When someone asks us: “What Is The Best Way To Get Out Of Payday Loan Debt?” we immediately understand the urgency of the question.
Having dealt with payday loan debt as long as we have we it is easy to think we have seen everything you could see with this kind of thing but it never fails that about once a week we hear a new horror story that just baffles us!
Rather than rehash all of the bad things that people get put through because of this kind of debt lets look at the best way to avoid it completely.
You know the simple answer that is coming and that is to not take one of these loans out in the first palace!
Of course, that answer is not going to help anybody asking this question because if they are asking it they are in trouble or know someone who is in trouble already!
Need Help Today With payday Loan Debt?
We know how it feels to get constant phone calls, threats of legal action and requests to take out more loans to cover the ones you already currently owe for.
You are asked to sell your belongings or borrow from relatives and the calls at work and at home are never-ending.
The truth of the power you have to stop all of this in a matter of a couple of days will never be told to you by these companies but the remedy nonetheless is at your disposal from the time you became past due with these loans!
These companies rarely waste time on people who know their tactics for playing these payday loan traps out and will settle with you as quickly as possible to get you out of their way so they can concentrate on other borrowers who do not know they have the power to stop all of this in its tracks.
The payday loan trap is simple and effective.
Three out of every Five borrowers will extend their payday loan an average of 5 times before they pay it off in full, and this alone adds up to huge profits for the loan companies.
Here is where it gets really bad for the borrower. Two of those three borrowers ends up in the payday loan trap. Too much debt, multiple loans and no foreseeable way to cover their payments without outside help.
This is where the loan collectors start hitting hard and go for every dime they can get out of you in every way they can, including some very illegal collection practices.
You can stop this the 1st day you miss a payment and spare yourself any of the above and I will show you how!
What To Do
If a person contacts a program like ours right away we will take over their loan for them and immediately stop all collection activity.
The borrower will no longer receive any contact from the loan companies whatsoever as our program does all the work for you.
We treat your loan like they are ours!
What we do:
- Stop all collection activity
- Stop all phone calls
- Consolidate any multiple loans
- Stop all interest
- Negotiate away up to 75% of outstanding interest owed
- Set up a new low affordable repayment plan you can afford
- We then make your payments for you
So, by simply filling out or form for a free quote on how we can help you or by calling us toll-free at 1.877.280.5100 you can have this process started today and end this insanity before it spirals out of control and ends up costing you thousands of dollars and your sanity!
If everyone who took out one of these loans was told if they did get in trouble making their payments that our option is the best way to get out of payday loan debt there would be far fewer people selling everything they own, taking out additional loans and even bankruptcy and divorce!
Of course, they will not do that unless ordered to by law because they would not be able to reap the billions in extra interest and fees that they currently enjoy.
I hope this article helps as many people as possible who are trapped in payday loan debt find their way back up from this horrible debt!
Grant yourself the help you need, call us today!