If you find yourself needing to take out one payday loan to pay off another one you are likely stuck in the â€œpayday loan cycle.â€ This cycle doesnâ€™t have to be endless and you might want to consider taking out a loan to make a single payment at a lower interest rate.
If you have already tried this and failed in getting a loan at a lower interest rate then you are not alone.
Stricter banking regulations and Dodd-Frank have put major banks under harsher scrutiny and millions of Americans are paying for mistakes made by Wall-Street. This has hurt the average American, while loan sharks have continued to thrive.
This is one of the reasons Payday Loan Debt Solution was formed.
Recently Google banned lenders from advertising anything with the term â€œâ€ even if it companies like Payday Loan Debt Solution reaching out to help individuals in need.
Could Wall Street and Lobbyist be part of this Google change? The team at Google failed to respond to our team when we had questions about this change.
Lenders have paid millions of dollars for SEO for certain keywords and will now have a competitive advantage to reach more vulnerable individuals.
The team at Google wants to look like the good guys when they made this change, but in actuality it is more difficult for individuals to get the real help they need.
If you are looking for Payday Loan Debt Consolidation you will no longer find advertisement for companies looking to assist you. Our team would like you to share this article and spread the word that change must be made. Our team helps people lower their interest rates and has helped thousands of individuals. There are other companies out there that have your best interest in mind as well and we believe you should have the right to use their services in times of need.
Also Read :Â How To Get Rid Of your Payday Loans
Our goal is to help individuals realize the problems that these payday loans cause. The right debt consolidation company will negotiate with your creditors to help lower your interest rates and in reality, lower your payments. A company like ours will even try to lower your principal since a lot of lenders will charge you over 300% interest alone.
Another option for you would be to try to negotiate directly with the lenders. You could try to lower the interest payments, try to eliminate the late fees and lower the number of payments. If you find this to be a hassle or want to make one payment instead of multiple payments then we would recommend the payday loan consolidation process with a debt settlement company like www.PaydayLoanDebtSolution.com or by calling 877-229-4816.
You shouldnâ€™t have to continue living in debt and fear the collectors. We wish you all the best and hope you can share this article to spread the word.