National Payday Loan Relief celebrates 15 years of life change through payday loan consolidation
National Payday Loan Relief celebrates 15 years of delivering Americans from their payday loan debt through their Payday Loan Consolidation program. The program helps clients stuck in the payday loan cycle gain financial freedom by providing a realistic solution to meet lenders’ monthly payments.
OAKLAND PARK, Fla. (PRWEB) October 20, 2021
National payday loan relief celebrates 15 years since the founding of the Payday Loan Consolidation Program. This program has helped thousands of Americans wallow in it Payday Loan Debt regain their financial freedom. Through this program, the company takes responsibility for handling an outstanding payday loan on behalf of the customer. This allows a customer to settle one or more loans at the same time and leave a single loan with new terms and interest rates.
âWe have stood up for our customers for fifteen years and have helped them regain their financial freedom. We are excited to reach this milestone, which would not be possible without our valued customers. We also thank all of our partners for their tireless support, and we promise to get even better in the future. Our promise is excellence, and negotiating with lenders to work something out is what we do best, “said Steven Harris, current president of National Payday Loan Relief.
Payday loan are great contributors to the American economy, and most households have survived on a payday loan at some point. They’re quick, convenient, and a great source of emergency cash. However, these loans are costly and can drag the debtor into a never-ending debt cycle. Some of the disadvantages of payday loans are:
- They have ridiculously high interest rates
- They don’t build your creditworthiness
- Because of its ease of use, customers are trapped in a never-ending debt cycle
- Lenders can access their customers’ bank accounts and hijack or freeze their money
National Payday Loan Relief knows the deep waters of payday loan and has helped clients go through the payday loan consolidation program. They do this by consolidating all the loans owed by the customer and paying them off in one statement. The customer just has to think about a loan and can even get the new loan at a competitive interest rate. In addition, the new loan may have a longer repayment period, which gives the customer a grace period.
Payday loan consolidation is one of the most practical ways to relieve debtors from the burden of multiple payday loans. Customers with multiple payday loans charging high interest rates Combine the loans and merge them into a single loan. This process is known as credit consolidation. The process reduces the total amount payable for each loan and also reduces the monthly payments.
âPayday loan consolidation is a very similar process to other debt consolidation programs. Instead of paying off multiple high-interest loans, pay them off with loans that are loaned to you at a lower interest rate. Technically, while you’re back on borrowing, you’re doing it at a far more manageable rate, âHarris explained.
A Consolidation of Payday Loans is the bridge that most debtors use to gain financial freedom. National Payday Loan Relief introduces this program in four easy steps. After the client signs up for the program, the company will assign them a professional financial advisor who will collect all the important data on their payday loan. This includes the loan amount, interest rates, payment terms, receipts and other bills.
Second, the company contacts the lender and handles communication between the lender and the debtor. This step also includes convincing the lender to forego penalties and developing a flexible monthly plan.
The third step involves a meeting between the customer and the credit consolidation company to develop a monthly repayment plan. The plan is based on the clients’ income, payday loan, and loan interest.
Ultimately, National Payday Loan Relief will go hand in hand with the customer until the payday loan is paid off. Customers must meet their monthly payments for the program to be successful.
National Payday Loan Relief is a payday loan consolidation company that helps clients regain their financial freedom through – debt relief programs like payday loan consolidation, debt settlements, Credit card debt relief and financial advice. The company’s mission is to provide consumers struggling with debt the best option for debt elimination through payday loans.
For more information, visit their office at NW 10th Terrace, Oakland Park, FL 33309
Or call (888) 407-4521
Email: [email protected]
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