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LOAN RELIEF BLOG2021-03-26T01:35:54+00:00
1407, 2021
What Does Federated Financial Do?

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What Does Federated Financial Do?

Find Out Why This Financial Company Has Everyone Talking

 

Federated Financial is one of the top financial relief companies in the US. You may have heard your friends talking about them, and they definitely have a good reason for it. Federated Financial specializes in debt consolidation and has been why is it essential to consolidate your payday loans todayhelping many people across the US find realistic ways to get rid of their debt.

Did you know that over 12 million Americans have payday debt to their name right now? Every year payday loan companies make over $9 billion in interest rates alone. This money is all coming from people who went to them for help because they were financially stuck. If you are one of those people, you are not alone. Federated Financial is here to help you find a way out.

 

Why You Should Call Federated Financial 

The worst thing about payday loans and other types of debt that build up is that borrowers are often stuck with how they will pay the loans back. When they initially borrow the money, they believe that it’s a realistic amount that they can pay back. However, payday loans are known for having extremely high interest rates. Many payday loan companies will approve loans that have between 350% to 600%. 

A lot of people aren’t prepared for those interest rates when they initially borrow the money. This is often the tipping point that pushes the borrower into the vicious cycle where they will take out another loan to repay the first one, and it continues from there. Most borrowers simply can’t put an end to this cycle on their own unless they stumble across a bunch of money.

Since the chances of that happening are very slim, they need to find another way to stop the borrowing. This is wherePredatory lending demographics Federated Financial can come in to help.

 

What You Can Expect From Federated Financial

If you find yourself overwhelmed by debt, Federated Financial can help without adding to the pile. This company has a goal to help each consumer that reaches out to them by teaching how to better understand and manage their debt. They have helped many people take the steps and learn the fundamentals to a more secure financial future.

So, you may be wondering how they can help with your current situation. Federated Financial specializes in debt consolidation. This basically means that they will take all of your current debt and put it into one payment plan. Don’t let that scare you though, they will manage this payment plan so it’s affordable for you.

The biggest issue you are facing with getting your debt down is the interest rates. Whenever you make a payment to the lender, you are only paying down the interest. Federated Financial has many financial managers working behind the scenes. One of them will contact your lender(s) and negotiate with them to get you the lowest interest rate possible. This step alone can seriously change your debt situation. When that outrageous interest rate goes away, the debt becomes a lot more manageable.

 

payday loan consolidation for you when you need itGet Rid Of Stress And Interest Rates

Federated Financial can help you take a lot of stress off of your shoulders. It’s no secret that financial problems are one of the biggest causes of stress. Many people are very worried because they are late on their loan payments. The creditors keep calling them, yet they don’t have any money to get that loan paid off.

This is one thing you will no longer have to worry about when you contact Federated Financial. They will make sure there are no more late fees added to your bill and the companies will stop calling you. The harassment will finally come to an end and you will feel like you can breathe again when you think about your finances.

All efforts from the debt relief programs offered by Federated Financial are legal. When you contact them for help, you will not have to worry about what happens next. They will handle all communication with the lending companies. You will not have to worry about any legal matters or the possibility of having your wages garnished.

 

Federated Financial Wants You To Be In Charge Of Your Money

At Federated Financial, every financial manager understands the value of a dollar earned. Just because a person is financially stuck at one point in their life, doesn’t mean they need to be a victim of long-term debt. Most payday companies won’t advertise that their loans come with interest rates that will cost more than the loan itself. ConsumersDebt Weight think they’re getting help when really they are signing up to continue giving their money over to the lender.

When you take the next step and contact Federated Financial, they will make the effort to help you take control of your financial situation. Not only will they make your debt manageable so you can actually get it paid off, but they will also make sure you understand every step along the way. This way, you will stay in control of your money. 

If you’re tired of handing the majority of your paycheck over to lending companies, then it’s time you take control. Give Federated Financial a call to find out where to start.

 

Federated Financial Makes A Difference

When it’s time to call Federated Financial, they will get started on your case right away. A financial manager will discuss your current situation so they have an idea of how much you owe and who you owe it to. 

Financial PreperationThey will then take care of all the work behind the scene to get you the lowest interest rates. Once that is complete, they will be able to put all of your debt into one plan. They will then divide this plan up into payments that you can manage. This is how Federated Financial makes a difference for those who are drowning in debt.

 

1407, 2021
How Payday Debt Relief Can Change The Way You Manage Debt

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How Payday Debt Relief Can Change The Way You Manage Debt

Stop The Cycle And Take Back Control Of Your Finances

The payday loan cycle is very convenient to get sucked into. Payday loans are advertised as an easy way to get extraapayday loan consolidation money when you can’t quite make ends meet. That’s not a lie, they are very easy to get your hands on. The big problem is, they aren’t as easy to pay off which often leads to people needing to take out multiple loans just to keep up.

What does a person do when they get stuck in the payday loan trap? Those loans aren’t going to disappear on their own. It’s time to take control. Before applying for another payday loan to cover the expenses of the previous ones, you should consider your options for payday debt relief.

 

What Are Payday Loans?

Payday loans are short-term loans that are usually unsecured. People don’t need to have a perfect credit score to qualify for one. The idea behind these loans is that the borrower can get enough money to cover what they need before their next payday. While this sounds like a great solution, there’s one big problem with payday loans. They always have sky-high interest rates.

Interest rates can be expected on nearly every type of loan but usually, they are manageable enough for the borrower to be able to pay off. One example is a mortgage. If someone takes out a mortgage loan to buy a house, they will usually have a manageable interest rate of around 3%. This is something the borrower can usually handle. However, payday loans have interest rates going through the roof. Most payday loans will have an interest rate that’s ranging between 350% to 600%. 

Many People Think Payday Loans Are Their Only Option

Stay out of payday loan debtYou may be wondering how payday loan lenders still manage to reel people in with those insane interest rates. Many people across the country live paycheck to paycheck. When a large or unexpected expense comes up, it can throw their whole financial situation through a loop. Another issue is that many workers in the country still don’t get paid sick days. This means that if they need to take a few days off of work to heal, they will be short on money.

Payday loans offer a solution that’s available to nearly everyone. The majority of people who apply for one genuinely think they will only need one. However, it usually never ends there. 

 

Stop Feeling Trapped

Are you stuck in the payday loan cycle? Before you take out another loan, you should consider looking into payday loan relief. Those interest rates are eating up all of your incoming money. It’s time you stop handing money over to the lenders, and start keeping it in your own wallet. 

What Is Payday Debt Relief?

Payday debt relief is a realistic solution for anyone that is trapped in the payday loan cycle. This is a debt consolidation program that works by taking the payday loan that you currently have outstanding and essentially working it into a payment plan that is easier for you to work with. Your loan won’t go away, but it will become manageable enough to pay off without having you feel like you’re financially stuck.

The main reason that you are having trouble paying down your payday loans is because of the super high interest rates.Debt Weight With payday debt relief, the debt consolidation company will manage to get you the lowest interest rate possible. Once they do this, you’ll finally start to see that debt fizzle away.

What If I Have Multiple Payday Loans Outstanding?

We understand how financially challenging times can get. Many people who seek out payday debt relief actually have multiple outstanding payday loans. If you find yourself in this situation, a payday debt relief program may be your only solution. This type of debt consolidation will put all of your outstanding payday loans into one convenient package to pay off. 

Payday debt relief makes it possible to pay off all of your payday debt without having to seek out another loan. This debt management program really does help people see that they don’t have to borrow to pay off their loans.

 

What Are The Advantages Of Payday Debt Relief?

The biggest advantage of payday loan relief is the amount of stress it takes off of your shoulders. Having a lot of debt can be overwhelming and may keep you up at night. Payday debt relief shows people that it is possible to make debt disappear. There are no offers that sound too good to be true, only realistic ways of making debt manageable and getting rid of it. 

 

How Does Payday Debt Relief Work?

United States inrecessionPayday debt relief isn’t as complicated as you may think. The first thing you will need to do is book a consultation to have a professional financial manager review your situation. In this consultation, you will discuss how much you owe and who you owe it to. The financial manager will then go over which of the repayment options would be best suited to you.

After your consultation, your financial manager will then take care of all the dirty work. They will get a hold of all your payday lenders and directly take care of your consolidation needs. These experts know exactly how to get you the lowest interest rate possible, which is key for making your debt payable. 

Many people feel embarrassed to seek help when they are stuck financially. There is nothing to feel ashamed of when you get trapped in a payday loan cycle. Federated Financial is just a phone call away to help you get out of the trap and take control of your money. Our expert financial managers will help get you on the right path to a better financial future. 

 

202, 2021
Time flies, whether you’re having fun or not!

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It’s hard to believe, but I blogged an entry like this last year this time. My words are going to be a little bit different but still on the same track. Kind of sad but it’s the way of the world today. I think I titled my original post, take me out to the ballgame.

Pitchers and catchers are reporting to spring training in about a week or so. That’s normal. And that’s what they did last year too. I believe last season started on July 20th. Now that’s an early spring training. Of course as we all know now baseball was shut down during spring training and didn’t reopen till summertime. It proceeded to limp through a 60-game season, an expanded playoff system and a richly deserved world series win by the Dodgers. Aside from the cheating Houston Astros, the Dodgers have been the best team in baseball for The last 5 years. Most everything I wrote in that pre-season article ended up coming true. And so we come into another spring training in the middle of a pandemic with hope in sight and what does baseball do? they plan on screwing it up just like they did last year, although I blame the players this time. Yesterday, the owners proposed a 154 game season, as opposed to 162 games. Unlike last year the players receive full salaries as opposed to prorated salaries for 60 games or the 154 games they play this year. Last year cost the players a a ton of money. Hundreds of millions of dollars. The owners took that problem off the table when proposing a baseball season that starts in mid to late May. The players refuse to budge on their 162 games. I’m watching politics in Major League baseball now. Absolutely ridiculous. There’s language in the collective bargaining agreement that the players were uncomfortable with. They felt this language could negate their full salaries this year. The owners were willing to take it out. The owners were willing to give them anything they wanted. They removed any reference to the commissioner and or his power to circumvent any agreement that was made. The players said no. As most everybody who’s reading this knows the players are unionized and the MLB players association is powerful. They pretty much have the owners by the balls. Not the baseballs.

The PS to this story resides in the future. After this year’s world series the collective bargaining agreement between players and owners expires. Both sides have reason to not trust the other. I believe that the players are right and I believe that the owners under report their income so they can underpay the people who make them the money that they make. And by the way. I don’t think anybody’s worth $30 million a year. Or 20. Or 10. This is a sport. But, it’s all about supply and demand. I agree with the players. The players didn’t create the monster. I’m talking about the ridiculous salaries. The owners did by bidding against each other for the best players. There are loopholes in the free agent system that cause much distrust against ownership amongst the players. I think the two biggest ones are the owners colluding against free agents. Guys that should be getting big contracts after they’ve served their initial six years with one team. These guys have been basically ignored during the off-season when teams used to be signing players immediately and to big dollar contracts. instead now ownership only goes out and immediately signs the best of the best, the elite in the sport and spends $350 million on 10-year contracts. Yeah I know it’s crazy. In 2019, a guy like Dallas Keuchel who had won the Cy Young award back in 2015 and still was a dominating sinkerball pitcher couldn’t sell himself in the off-season at all. As a huge baseball fan and a fantasy player, I could think of 25 teams that could use him as a number three or four starter with my first thought being the Yankees. That was back in 19. He ended up signing a prorated minimum contract after the June 1st draft in 2019 which made his signing non-compensatorial. This meant the team that signed him did not have to give up a draft pick. He’s gone on to have two strong years after this signing. He was well compensated with a 4-year contract last year that could earn him 74 million dollars over this time if the White Sox opt in for the fourth year. It’s a guaranteed 55.5 million dollar contract for 3 years. Now it’s hard to feel sorry for a guy who’s guaranteed 55 million dollars but it goes back to supply and demand and my question would have to be why wasn’t he worth that in 2019 all throughout the off-season and spring training? The word collusion stands out in my head! In addition Craig Kimbrel ended up signing the same type contract with the Chicago Cubs in June of 2019 and proceeded to have the worst season of his career. The Cubs resigned him anyway and in 2020 he continued to stink up Wrigley Field. It’s a crap shoot with some of these guys in their 30s. In addition, and this part is for hardcore fans only the owners have found the way of circumventing players service time and stealing an extra year from them. in other words instead of locking them up for six years they can lock them up for a seventh by simply calling them up two weeks after spring training ends. That would be instead of having them break camp with the major league team. This infuriates The players association and rightly so. It’s against the spirit of the agreement. So, when it comes time  to opening up the baseball season this year the players don’t trust a word the owners say. The collective bargaining agreement expires after the world series this season and for the first time since 1994-95, I believe there’s going to be a work stoppage. I also believe it’s going to last a long time. 1994-95 damaged the game in a big way. It took 10 years for attendance to come back to where it was before. They canceled the 94 season halfway through and didn’t crown a world champion. The labor beef extended into the 1995 season as well. If this happens again there’s a chance it could destroy the sport.

There is rancor and anger on both sides. The owners cannot continue to say they lose money with their billion dollar TV contracts. It’s very simple. It’s very difficult to take something that back you’ve given to a union. So there’s going to be a baseball season this year. Last year they limped to the finish line and they barely made it. This season, traveling every three or four days and without a bubble looks like it could be greatly interrupted and consequently the best team won’t win. Who loses? We the fans. Last year baseball had a replacement team playing games at their training sites so when they would lose two or three players to covid they had backups. In other words they weren’t putting their best product on the field. I think it sucks. A lot of other fans will think so too.

The owners position is that come May the virus will be more under control than it will be on the 26th or 27th of March when they plan on starting the season this year. They’re right. So what we have here is the beginning of cluster f*** season number two. We shall see if my words are prophetic again.

Just a quick note. If you’re on this site and you’re reading this article you’re here for a reason. Federated Financial is one of the oldest and most respected payday loan consolidation companies in America. We are in our 24th year and proudly boast an A plus rating with the BBB. We are your best solution to outstanding debt and we are here to help you. Just fill out our form, or give us a call during business hours and we’ll get back to you within 5 or 10 minutes. We’re here to help and we do a great job! We can help you lower your interest rates down to 0% in some cases and get you out of debt faster! We Care!

2012, 2020
Why Federated Financial is the best Advance Loan Consolidation Company

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Why Federated Financial is the best Advance Loan Company

It was tough from the beginning. We were starting a brand new business and the only impediment to our success was my lack of money. In addition we were running software that I had purchased from a competitor that ran on a platform called Firefox. To this day I still wonder whether for every bit of information I put in, I lost two other pieces. Software was on the top of the list to replace.. in addition it was great to have extremely talented people on board but having four or five generals and no enlisted people doesn’t work when you’re trying to start something like this. We needed to hire people who were intelligent, and trainable. People who could learn, pass a test and become certified counselors. It was during this time of find five people, keep one that I realized one of the biggest lessons that I’ve ever learned in business.

Employees murder businesses. It’s the truth. I fast forward six months now and I have six qualified people taking call ins from newspapers. Blurbs that I posted and paid for all of the country. I knew that what we were going to do was going to be big, was going to help a lot of people and save a ton of people a ton of money. I always looked at the banks as my enemy and I was building something that could fight back. And the years went by. And we got bigger and bigger and bigger. As I mentioned earlier our debt consolidation company opened its doors in January of ’98 and by 2001 we had a hundred plus employees. I had managers for every department. We had managers who managed the managers. We had 18,000 ft. of pure production that was there just to help our client get out of debt. And they kept calling us and we didn’t post in the newspapers anymore. Around 1999 we found the internet. That was back in the days before Yahoo, before Google when AOL was the only game in town and Excite was the search engine that powered it. At that point we were a large respected company and we were able to put ourselves in a position where no matter what the consumer searched for, we were number one We were FederatedFinancial.com Services and we were, and still are, great at what we do. Saving people money. We were an ISO 9001 registered company that adhered to the strictest quality control measures in the world. We also handled millions of dollars every week. It was difficult to do. This is before the day that we could do Zelle transfers from our banks. People mailed money orders. The mail had to be opened every day.

On a Monday there could be 5,000 envelopes to open. I would sit with two of my girls and our conference room and that was my job. People trusted us and we returned their trust with results. We will one of the five largest debt consolidation companies in the country. We were a brand. As I write this I feel proud of all we accomplished. I know this little idea that I had turned really big and we’ve helped literally hundreds of thousands of people. As we grew bigger and bigger we needed more stuff. Had a couple of hundred computers in our office and we ran all of our own web servers which hosted all of our sites. Most importantly we became extremely Tech oriented to help the customer. Our first and foremost concern was helping our customers get out of debt and stay out of debt. That’s why we were able to take their debt and work with the biggest banks in the country. Citibank, Bank of America, Wells Fargo, and so on, getting these Banks to reduce our clients interest rates in some cases down to 0%. Just like we do today. I felt completely vindicated.

I was able to make a good living but more importantly I was able to save good people real money. In those days I became a walking billboard. A billboard that told everybody the truth about the banks. Then the federal government stepped in. I guess they thought that all those dollars we took in on a big Monday belong to us because they had a problem with companies that did what we do. We withstood their audits and all the crap they threw at us. We were honest this the day was long and we were untouchable. I’m proud to say that I never took a dime that didn’t belong to me. That’s not in my nature. We traversed the Tri-County area with our director of education, sitting down with people who were completely obliterated by their debt and gave educational seminars on how to fix their problems. We did everything that we could within our power to make sure our little organization which wasn’t so little anymore, became a real player in client education. We pioneered so many things in this business. People copied us and actually managed to stay in business for a year or two. It’s easy to take paperwork from a company even when you have a non-compete and alter it. It can’t replace the people. The dedicated caring people that worked their butts off in some cases till 9:00 in the evening taking calls and fixing problems for our clients.

That’s what Federated did and that’s who Federated is. Federated was always my baby and I’m an honest man. not only did I take really good care of her employees but I took exceptional care of our clients and I treated them like family. We still do that today. I can say this in closing. If you ever chose to work with our company because you needed us you would be taken care of as though you were my son or daughter. That’s something you can take to the bank. In closing I just need to say that it’s been a privilege to be able to serve the people of America in the way that we have. I know that it’s very important for people to have good credit and maintain it. I’m really glad that one of my jobs is to facilitate that for folks. Especially now, during this pandemic the country needs honest moral people. if anybody doubts that log into Amazon and see what the price of paper towels and toilet paper is today. Price gouging during a pandemic is real snake time low. Unfortunately, people are doing that. I’m doing something different. I’m helping people to tell their creditors we have no money and I’m uncollectible by trying to put people in a position where they can say that honestly. And so, a chronicle of Federated financials life. We are the ultimate saving machine. We save our clients money we reduce their interest rates we get them out of debt more quickly than they could if they did it on their own and most importantly we care. consolidate pay day loan

 

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1912, 2020
Who are we? Federated Financial, who are we? How and why did we get here, and how did we manage to stay?

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Interesting questions. But the answers might surprise you. Money matters, helping people and dealing with creditors was something that I was always interested in. After my divorce I considered myself the king of debt! Most men and women reading this can probably relate. I felt lost, helpless and useless. I also felt like a bad person owing so many people so much money. I didn’t make enough money to pay all my bills. That was back in 1984. We had no internet to look up the things we can find today. Credit counseling consolidate debt bill consolidation payday loan consolidation. Although I don’t remember payday loans back then in the 80s I’m sure they were out there. I didn’t care where I got the money from as long as I got it. I was deep in debt and it sucked. I had a great business idea and a way to make money in my head and I borrowed some money from my father to take a shot. I was fairly successful. I did very well in the business that I chose and made enough money to pay my bills, to pay my creditors and not to have my creditors call me specifically because I had no creditors anymore. So between 1984 and 1994 I became debt-free. I was in the video business and owned video stores. We know how that worked out. How do you spell Blockbuster! All of a sudden the money dried up. Bills came in and there was no way to pay them. Who could keep up with a company that big? They were a money generating machine.  All they did was figure out new and really innovative ways to create cash for their burgeoning business. Their stores basically became little cash generating movie theaters except you took the movies back to your house. That’s the beginning . Companies like these pushed the little guys out and caused them to go bankrupt. Me included. that was the beginning though, the beginning of let’s watch our movies at home, save a lot of money and not pay all that ridiculous amount of money for refreshments. It was the start of what we do today which is stream at home. Yes we all stream at home now and we don’t even buy something that’s tangible. We are paying for something that we can’t see except if we turn the television on. It’s interesting. I was out of work, and though I wasn’t broke, I knew I would be in about a year. I needed to have an income . A steady income. I had one for 10 years. Love don’t pay the bills! I did a lot of soul searching and thinking about how I could make money. I also knew that being in the video business and having four stores I had created lots of good feelings and joy for people. That made me feel good. I decided that I wanted to create something that saved people money. Something that kept people out of debt. Something that did not allow people to get to deeply into debt. I decided all that based on my own experiences of divorce and debt that I mentioned before. I didn’t know how to go about it. I didn’t know what I could create that would put me in a position where I could actually help people eliminate their debt and eventually get out of debt. A lot of ideas are great but they require creativity and lots of thought. I knew there was a need. If there’s a need there has to be a product created to meet the need. In this case a product for people to get out of debt and stay out of debt hopefully for the rest of their lives. Two years pass and I realized that I was running out of money. I had enough money to pay my bills and lay out one lump sum to create a business. I was driving down in fort Lauderdale one day and saw a sign on a billboard. GET OUT OF DEBT RIGHT NOW! There was an 800 number right underneath. I wanted to know how they got people out of debt right now. This is what happened next.

 

As soon as I got home, no cell phones back then at least not one I could afford, I called that company. They really did get people out of debt. They were a nonprofit credit counseling agency. Interestingly my first thought was, what the hell is a nonprofit credit counseling agency? What is credit counseling? What is a 501c3? How did they help people get out of debt, by counseling them? Then I started to think is this like therapy? So I went down to the library, remember those people? I went down to the library and did some research and then I understood. They were the gold standard at that time. Not for profit credit counseling agencies were the gold standard for getting people out of debt and that was not a good thing. I didn’t know that it wasn’t a good thing when I was learning about their business but I quickly realized that they operated under rules and regulations that were dictated by the government and consequently couldn’t hire quality staff to get the job done. So now, we have a need and we have a product. What I needed was the ability to make a deal with the creditors. We were still at the dawn of the internet and snail mail was King. I spent 6 months calling and writing to Banks and asking them what their criteria was to work with me and after a certain amount of time I knew what had to be done. My problem was being in debt. I hadn’t worked in a while . I knew this would work. I was so confident that I took a second mortgage out on my home. I knew one thing . I knew for this to work for the consumer I had to have the absolute most qualified people working with me and teaching me. I wanted attorneys. I wanted attorneys with financial backgrounds who had the ability and the gumption to stand up for their clients. I found a few and in January 1998 I Incorporated FederatedFinancial.COM Services Inc.

312, 2020
Pardon me!

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Wouldn’t it be nice? I hereby pardon myself for every bad thing that I’ve ever done in my life. That’s one large laundry list! I hereby forgive myself. I wouldn’t have done any of that stuff if I knew I was going to get caught! So I command you to forgive me for every crummy that I’ve done, and hereby declare I will not allow it to ever bite me in the butt. That’s because I’ve pardoned me and anybody that I’ve ever hurt can’t say anything to me about it. While I’m at it I want to pardon my kids. They are really did nothing wrong in their lives. Normal kid stuff. Broken window. Lighting a mailbox on fire. Some nasty egg-throwing instead of trick-or-treating on Halloween. They have been pardoned. This monarch has forgiven them and has thrown the umbrella of protection around them. And while I’m at it I think I’m going to pardon my attorney too. Even though he’s a lying scumbag who’s been involved with foreign powers who would like to see us just go away I forgive you buddy, and because I forgive you I hereby demand that everybody and every institution in this country forgive you too. Even though everyone knows you’re a conniving kickback taking 💰 the son of a B, you have been deemed untouchable by the king! Wouldn’t it be nice to have that kind of power? Enough said!

And now for the reason that you’re here. Federated Financial is one of the oldest companies in its field. We are in our 24th year of business and are proudly rated A-Plus by the BBB. We earned our stripes. We have helped hundreds of thousands throughout the years. We are able to take your payday loans and reduce their interest rates from six or seven hundred percent APR all the way down to zero. This can and will save you a lot of money. If you’re deep down in the darkness of payday debt, take a moment and fill out our form or simply give us a call during business hours and someone will get back to you as quickly as possible. A 24-year-old company provides you with assurance and comfort that we can get the job done and get it done right.

1511, 2020
The trouble with not paying your advance loan debt!

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Bills suck! That’s not a new concept. Being behind on your bills during the Coronavirus really sucks. It’s tough to make a buck these days. Many hard-working Americans have fallen behind on their bills during these strange days. What happens if you just can’t pay? I’ll begin by saying I’m not an attorney but I’ve had many years of experience in this business. This is not legal advice but this is the way I’ve seen it go down. Creditors have rights. Yes, your lender has structured their contracts to make sure that they always have recourse if you default on your payday loan. Speaking from experience I can tell you that the phone will ring off the hook at all the wrong times. Calls from the people who loaned you the money. You will receive mail that could be threatening. Are some of the threats illegal? From what I’ve seen through the years the answer is yes but nonetheless, they can be frightening. You might even have somebody knock on your door. I’ve heard of that happening too. At the end of the day, if these people don’t get paid they will more than likely file suit against you for money’s owed, fees, and attorney costs. If you can’t work out a payment arrangement depending on where you live, they might have the right to go to garnish your income, or your personal property. If this were to happen you could very well fall deeper into the trap because they’d be taking a portion of your salary each week. That could happen. At that point, It would be difficult to pay any of your bills.

 

What can you do? Hopefully, you haven’t been served and sued. If that is the case Federated Financial can probably help. You don’t need to hire a lawyer if an action has not been filed against you yet. Federated Financial is one of the oldest payday loan consolidation companies in the country. We are rated A+ with the BBB. We are going into our 24th year of business. In most cases we can get your creditors to reduce their interest rates all the way down from 5, 6, or 700% to 0% APR which saves you money each month and consequently lowers your monthly payment. It’s better than taking out a consolidation loan because a consolidation loan will cost you money and interest payments. Taking out one loan to pay off another makes no sense. All you need to do is to fill out the simple form on the top of our page or give us a call during business hours. Somebody will be back to you quickly or at the start of the next business day. Our program is tried and true and it absolutely works for most people. Let one of our certified counselors tell you all about it and let you decide if it can work for you too.

 

911, 2020
Let’s talk about finally getting out of debt! Another VE Day might be just around the corner!

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Those of you who read this blog might look at the title of this post and say what’s different about today? We always talk about getting out of debt, especially at the end of each blog entry. There’s a big difference today. A potentially major development on the coronavirus front. Early this morning pharmaceutical giant Pfizer announced the efficacy of their coronavirus vaccination in controlled testing is over 90%. That should be the news of the year! Think about it… All of our lives will finally change. Interestingly, I don’t think we will go back to the way we but perhaps things might end up better in the long term. There will be a lot of things we can do we haven’t done in a very long time. They’re talking about rolling this vaccine out late this year and by the summertime of 2021 everybody who wants one will have one.

People can go back to work without fear. People can see their families and their loved ones without fear. Imagine hugging your grandchildren again! We can get on an airplane and fly without fear. Big business will slowly come back. Initially, the ones that come to mind are the travel industry, the airlines, and restaurants. Of course, there are plenty more. We can go to a ball game again. The movie theaters that we’re able to hang on will be open and packed. Our lives will finally change for the better. Of course, I believe that we will be wearing masks for a very long time. Just in different situations. I think that one of the positives that come out of this pandemic will be during the regular flu season they’ll be less pain and less death because people will be used to wearing masks. Masks and vaccines for both regular flu and Coronavirus might possibly save millions of lives a year worldwide. Masks will become part of our culture just like they have been for years in Southeast Asia. Finally,  some good news to raise our spirits during what should be the happiest time of the year. Next year it will be.

I compare this to VE Day because just like VE Day, it will signal the beginning of the end of a war. VE Day signaled the end of World War II in the European theater with the surrender of Germany. When this vaccine rolls out we will have won another war. I have my fingers crossed and will be reading about this every day. I know a lot of people that won’t take vaccines but I’ll tell you that my generation, the baby boomers were the beneficiaries of some amazing vaccines, starting with the one that eradicated polio from the planet. Fodder for another post.

This new vaccine will make it possible to go back to work and pay off your bills. At that point, you will be effectively able to reboot your life and start again. Let’s get started in a small way today. Let’s get rid of the payday loans. Federated Financial is an old respected payday loan consolidation company. Innovators, and well respected by your creditors. Next month we will start our 24th year in business. That says it all. We can get you out of debt and in most cases have your interest rate reduced all the way down to 0%. Right now you could be paying up to 700% APR.

Just fill out our form, contact us, or give us a call during business hours. We’ll explain everything to you and get you started if you feel comfortable with this concept. Payday loan debt consolidation works! Especially when you do it with the best company out there!

 

611, 2020
What causes unmanageable debt?

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There’s an old saying, bad things happen to good people. It really never fails and it’s sad. Yet times like these put people in a position where they have to make decisions that they don’t like to make. We live in the time of covid-19. Many people are out of work. Many people were deeply in debt before this virus came to our shores. A lot of people have already made emergency choices that weren’t good, just to live during the last nine months. This is certainly not an assignment of blame but a sad statement on the state of our affairs in our country. It seems payday loans are a pervasive problem. Even in states that ban these loans Native American Tribes still offer them online. Payday loans for food, electricity, car payments. What is someone to do when they don’t have a place to go to work?

 

You’re reading this post because you’re on this site and you probably have a problem with your payday loans. It’s not your fault. This is 2020, the strangest and worst year that I’ve seen in my whole life. And I’m not young. The question you need to ask yourself is, what are you going to do about it? Given that many Americans are going back to work right now the last thing you want to do is let it go legal. Letting it go to the lawyers can lead to possible lawsuits and garnishments. You don’t need another loan either. You need to consolidate your payday loans. Working with a company like ours puts you in a position to have your interest rates reduced in some cases from upwards of 600% annually all the way down to 0%. This will lower your monthly payment and provide you with a shorter time to get out of debt. We’ve been in business for 23 years and have an A+ rating with the BBB. That gives us the credibility with your lenders to negotiate your interest rate down low, and get you out of debt sooner than you could do so yourself. As an old respected company, we can get just about anything done. Don’t let your advance loans destroy your finances. If you want to learn more about advance loans visit our FAQ page. Fill out our simple form or just give us a call during regular business hours. We can help. we treat our clients like family and we care.

111, 2020
A few last election thoughts!

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People will go to the polls. 70% of 2016 voters have already voted pollsters are backing off their predictions a bit. Who is going to be the next president? Coronavirus task force. No more TV meetings. Where is Dr’s? Birx Giroir, and Fauchi? Dr. Scott Atlas radiologist. Coronavirus costing Trump senior vote.

Federated Financial website. 23 years in a plus BBB rating.. 0% interest. Clients like family.

In about 40 hours, people will go to the polls ostensibly to elect our next president. I say ostensibly because I kind of believe he’s already been elected. As of today, almost 70% of the people who voted in 2016 have already voted either by mail or in person. The polls are crazy. Everyone is different and the Dems are still suffering from PTSD given what took place 4 years ago. My take on that is that nobody can predict or poll this election. It used to be said that people who voted for Trump kept silent and were ashamed to admit it or even said they voted for another candidate. That very well could be happening at the exit polls. How about reversing that? What if the shame vote is the Biden vote? I’ve not heard one person on TV mention that yet. What if that rogue Republican just can’t take anymore insanity, votes for Biden, but can’t tell their friends because he’s ashamed? That would totally reframe the polls.

 

In the last few days, all these talking head pollsters have kind of backed off on their predictions a bit. In addition the 18 to 21-year-old vote has only had about 30% of their registered voters come out and/or mail in their ballot. That’s a large segment of the population. No one knows which way they’re going to go. Do they go left? As in protest inequality, and gun violence, or vote the way their parents vote. Again pollsters do not know the answer. Then take into consideration the fact that usually, the early vote is democratic but given this time of covid 19 perhaps it’s kind of split down the middle. 70% of voters didn’t want to stand online this year because of that. Nobody knows any of these answers. So who’s going to be the next president of the United States. If I were asking myself that question have to lean toward Joe Biden. Here’s the thing. The coronavirus has been out of control for the last nine months. President Trump has forgotten about the coronavirus task force completely. We don’t see their meetings on TV anymore yet things are worse than they were when this group was formed.  Where is Dr’s? Birx Giroir and Fauchi? Trump has ignored them. For all intents and purposes, he has banished them from the White House choosing instead to rely on Dr. Scott Atlas, a man with zero experience in this field who is a radiologist. He reads x-rays. The lack of a coronavirus protocol has really put off a lot of seniors who can’t see their children and their grandchildren right now. This has been going on since February. Trump has lost a lot of that vote and nobody knows just how many people that would consist of. So, I think it’s going to be a contest. Like a sporting event except that the ramifications are much greater. Bottom line, I don’t know a soul who’s not going to be watching TV on Tuesday night.

 

You’re on Federated Financial’s website. That means you’re having problems with your payday loans. people don’t arbitrarily end up here. You’ve come to the right place. Federated is 23 years old with an A+ rating with the Better Business Bureau. We are experts in Payday loan consolidation and we’re here to help you. Our many years in business put us in a position to work with your creditors and have your interest rates reduced in most cases all the way down to 0%. That saves you money and gets you out of debt quicker. We can help you. Fill out our form or give us a call. We treat all of our clients like family….. and we care.

 

1407, 2021
What Does Federated Financial Do?

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What Does Federated Financial Do?

Find Out Why This Financial Company Has Everyone Talking

 

Federated Financial is one of the top financial relief companies in the US. You may have heard your friends talking about them, and they definitely have a good reason for it. Federated Financial specializes in debt consolidation and has been why is it essential to consolidate your payday loans todayhelping many people across the US find realistic ways to get rid of their debt.

Did you know that over 12 million Americans have payday debt to their name right now? Every year payday loan companies make over $9 billion in interest rates alone. This money is all coming from people who went to them for help because they were financially stuck. If you are one of those people, you are not alone. Federated Financial is here to help you find a way out.

 

Why You Should Call Federated Financial 

The worst thing about payday loans and other types of debt that build up is that borrowers are often stuck with how they will pay the loans back. When they initially borrow the money, they believe that it’s a realistic amount that they can pay back. However, payday loans are known for having extremely high interest rates. Many payday loan companies will approve loans that have between 350% to 600%. 

A lot of people aren’t prepared for those interest rates when they initially borrow the money. This is often the tipping point that pushes the borrower into the vicious cycle where they will take out another loan to repay the first one, and it continues from there. Most borrowers simply can’t put an end to this cycle on their own unless they stumble across a bunch of money.

Since the chances of that happening are very slim, they need to find another way to stop the borrowing. This is wherePredatory lending demographics Federated Financial can come in to help.

 

What You Can Expect From Federated Financial

If you find yourself overwhelmed by debt, Federated Financial can help without adding to the pile. This company has a goal to help each consumer that reaches out to them by teaching how to better understand and manage their debt. They have helped many people take the steps and learn the fundamentals to a more secure financial future.

So, you may be wondering how they can help with your current situation. Federated Financial specializes in debt consolidation. This basically means that they will take all of your current debt and put it into one payment plan. Don’t let that scare you though, they will manage this payment plan so it’s affordable for you.

The biggest issue you are facing with getting your debt down is the interest rates. Whenever you make a payment to the lender, you are only paying down the interest. Federated Financial has many financial managers working behind the scenes. One of them will contact your lender(s) and negotiate with them to get you the lowest interest rate possible. This step alone can seriously change your debt situation. When that outrageous interest rate goes away, the debt becomes a lot more manageable.

 

payday loan consolidation for you when you need itGet Rid Of Stress And Interest Rates

Federated Financial can help you take a lot of stress off of your shoulders. It’s no secret that financial problems are one of the biggest causes of stress. Many people are very worried because they are late on their loan payments. The creditors keep calling them, yet they don’t have any money to get that loan paid off.

This is one thing you will no longer have to worry about when you contact Federated Financial. They will make sure there are no more late fees added to your bill and the companies will stop calling you. The harassment will finally come to an end and you will feel like you can breathe again when you think about your finances.

All efforts from the debt relief programs offered by Federated Financial are legal. When you contact them for help, you will not have to worry about what happens next. They will handle all communication with the lending companies. You will not have to worry about any legal matters or the possibility of having your wages garnished.

 

Federated Financial Wants You To Be In Charge Of Your Money

At Federated Financial, every financial manager understands the value of a dollar earned. Just because a person is financially stuck at one point in their life, doesn’t mean they need to be a victim of long-term debt. Most payday companies won’t advertise that their loans come with interest rates that will cost more than the loan itself. ConsumersDebt Weight think they’re getting help when really they are signing up to continue giving their money over to the lender.

When you take the next step and contact Federated Financial, they will make the effort to help you take control of your financial situation. Not only will they make your debt manageable so you can actually get it paid off, but they will also make sure you understand every step along the way. This way, you will stay in control of your money. 

If you’re tired of handing the majority of your paycheck over to lending companies, then it’s time you take control. Give Federated Financial a call to find out where to start.

 

Federated Financial Makes A Difference

When it’s time to call Federated Financial, they will get started on your case right away. A financial manager will discuss your current situation so they have an idea of how much you owe and who you owe it to. 

Financial PreperationThey will then take care of all the work behind the scene to get you the lowest interest rates. Once that is complete, they will be able to put all of your debt into one plan. They will then divide this plan up into payments that you can manage. This is how Federated Financial makes a difference for those who are drowning in debt.

 

1407, 2021
How Payday Debt Relief Can Change The Way You Manage Debt

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How Payday Debt Relief Can Change The Way You Manage Debt

Stop The Cycle And Take Back Control Of Your Finances

The payday loan cycle is very convenient to get sucked into. Payday loans are advertised as an easy way to get extraapayday loan consolidation money when you can’t quite make ends meet. That’s not a lie, they are very easy to get your hands on. The big problem is, they aren’t as easy to pay off which often leads to people needing to take out multiple loans just to keep up.

What does a person do when they get stuck in the payday loan trap? Those loans aren’t going to disappear on their own. It’s time to take control. Before applying for another payday loan to cover the expenses of the previous ones, you should consider your options for payday debt relief.

 

What Are Payday Loans?

Payday loans are short-term loans that are usually unsecured. People don’t need to have a perfect credit score to qualify for one. The idea behind these loans is that the borrower can get enough money to cover what they need before their next payday. While this sounds like a great solution, there’s one big problem with payday loans. They always have sky-high interest rates.

Interest rates can be expected on nearly every type of loan but usually, they are manageable enough for the borrower to be able to pay off. One example is a mortgage. If someone takes out a mortgage loan to buy a house, they will usually have a manageable interest rate of around 3%. This is something the borrower can usually handle. However, payday loans have interest rates going through the roof. Most payday loans will have an interest rate that’s ranging between 350% to 600%. 

Many People Think Payday Loans Are Their Only Option

Stay out of payday loan debtYou may be wondering how payday loan lenders still manage to reel people in with those insane interest rates. Many people across the country live paycheck to paycheck. When a large or unexpected expense comes up, it can throw their whole financial situation through a loop. Another issue is that many workers in the country still don’t get paid sick days. This means that if they need to take a few days off of work to heal, they will be short on money.

Payday loans offer a solution that’s available to nearly everyone. The majority of people who apply for one genuinely think they will only need one. However, it usually never ends there. 

 

Stop Feeling Trapped

Are you stuck in the payday loan cycle? Before you take out another loan, you should consider looking into payday loan relief. Those interest rates are eating up all of your incoming money. It’s time you stop handing money over to the lenders, and start keeping it in your own wallet. 

What Is Payday Debt Relief?

Payday debt relief is a realistic solution for anyone that is trapped in the payday loan cycle. This is a debt consolidation program that works by taking the payday loan that you currently have outstanding and essentially working it into a payment plan that is easier for you to work with. Your loan won’t go away, but it will become manageable enough to pay off without having you feel like you’re financially stuck.

The main reason that you are having trouble paying down your payday loans is because of the super high interest rates.Debt Weight With payday debt relief, the debt consolidation company will manage to get you the lowest interest rate possible. Once they do this, you’ll finally start to see that debt fizzle away.

What If I Have Multiple Payday Loans Outstanding?

We understand how financially challenging times can get. Many people who seek out payday debt relief actually have multiple outstanding payday loans. If you find yourself in this situation, a payday debt relief program may be your only solution. This type of debt consolidation will put all of your outstanding payday loans into one convenient package to pay off. 

Payday debt relief makes it possible to pay off all of your payday debt without having to seek out another loan. This debt management program really does help people see that they don’t have to borrow to pay off their loans.

 

What Are The Advantages Of Payday Debt Relief?

The biggest advantage of payday loan relief is the amount of stress it takes off of your shoulders. Having a lot of debt can be overwhelming and may keep you up at night. Payday debt relief shows people that it is possible to make debt disappear. There are no offers that sound too good to be true, only realistic ways of making debt manageable and getting rid of it. 

 

How Does Payday Debt Relief Work?

United States inrecessionPayday debt relief isn’t as complicated as you may think. The first thing you will need to do is book a consultation to have a professional financial manager review your situation. In this consultation, you will discuss how much you owe and who you owe it to. The financial manager will then go over which of the repayment options would be best suited to you.

After your consultation, your financial manager will then take care of all the dirty work. They will get a hold of all your payday lenders and directly take care of your consolidation needs. These experts know exactly how to get you the lowest interest rate possible, which is key for making your debt payable. 

Many people feel embarrassed to seek help when they are stuck financially. There is nothing to feel ashamed of when you get trapped in a payday loan cycle. Federated Financial is just a phone call away to help you get out of the trap and take control of your money. Our expert financial managers will help get you on the right path to a better financial future. 

 

202, 2021
Time flies, whether you’re having fun or not!

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It’s hard to believe, but I blogged an entry like this last year this time. My words are going to be a little bit different but still on the same track. Kind of sad but it’s the way of the world today. I think I titled my original post, take me out to the ballgame.

Pitchers and catchers are reporting to spring training in about a week or so. That’s normal. And that’s what they did last year too. I believe last season started on July 20th. Now that’s an early spring training. Of course as we all know now baseball was shut down during spring training and didn’t reopen till summertime. It proceeded to limp through a 60-game season, an expanded playoff system and a richly deserved world series win by the Dodgers. Aside from the cheating Houston Astros, the Dodgers have been the best team in baseball for The last 5 years. Most everything I wrote in that pre-season article ended up coming true. And so we come into another spring training in the middle of a pandemic with hope in sight and what does baseball do? they plan on screwing it up just like they did last year, although I blame the players this time. Yesterday, the owners proposed a 154 game season, as opposed to 162 games. Unlike last year the players receive full salaries as opposed to prorated salaries for 60 games or the 154 games they play this year. Last year cost the players a a ton of money. Hundreds of millions of dollars. The owners took that problem off the table when proposing a baseball season that starts in mid to late May. The players refuse to budge on their 162 games. I’m watching politics in Major League baseball now. Absolutely ridiculous. There’s language in the collective bargaining agreement that the players were uncomfortable with. They felt this language could negate their full salaries this year. The owners were willing to take it out. The owners were willing to give them anything they wanted. They removed any reference to the commissioner and or his power to circumvent any agreement that was made. The players said no. As most everybody who’s reading this knows the players are unionized and the MLB players association is powerful. They pretty much have the owners by the balls. Not the baseballs.

The PS to this story resides in the future. After this year’s world series the collective bargaining agreement between players and owners expires. Both sides have reason to not trust the other. I believe that the players are right and I believe that the owners under report their income so they can underpay the people who make them the money that they make. And by the way. I don’t think anybody’s worth $30 million a year. Or 20. Or 10. This is a sport. But, it’s all about supply and demand. I agree with the players. The players didn’t create the monster. I’m talking about the ridiculous salaries. The owners did by bidding against each other for the best players. There are loopholes in the free agent system that cause much distrust against ownership amongst the players. I think the two biggest ones are the owners colluding against free agents. Guys that should be getting big contracts after they’ve served their initial six years with one team. These guys have been basically ignored during the off-season when teams used to be signing players immediately and to big dollar contracts. instead now ownership only goes out and immediately signs the best of the best, the elite in the sport and spends $350 million on 10-year contracts. Yeah I know it’s crazy. In 2019, a guy like Dallas Keuchel who had won the Cy Young award back in 2015 and still was a dominating sinkerball pitcher couldn’t sell himself in the off-season at all. As a huge baseball fan and a fantasy player, I could think of 25 teams that could use him as a number three or four starter with my first thought being the Yankees. That was back in 19. He ended up signing a prorated minimum contract after the June 1st draft in 2019 which made his signing non-compensatorial. This meant the team that signed him did not have to give up a draft pick. He’s gone on to have two strong years after this signing. He was well compensated with a 4-year contract last year that could earn him 74 million dollars over this time if the White Sox opt in for the fourth year. It’s a guaranteed 55.5 million dollar contract for 3 years. Now it’s hard to feel sorry for a guy who’s guaranteed 55 million dollars but it goes back to supply and demand and my question would have to be why wasn’t he worth that in 2019 all throughout the off-season and spring training? The word collusion stands out in my head! In addition Craig Kimbrel ended up signing the same type contract with the Chicago Cubs in June of 2019 and proceeded to have the worst season of his career. The Cubs resigned him anyway and in 2020 he continued to stink up Wrigley Field. It’s a crap shoot with some of these guys in their 30s. In addition, and this part is for hardcore fans only the owners have found the way of circumventing players service time and stealing an extra year from them. in other words instead of locking them up for six years they can lock them up for a seventh by simply calling them up two weeks after spring training ends. That would be instead of having them break camp with the major league team. This infuriates The players association and rightly so. It’s against the spirit of the agreement. So, when it comes time  to opening up the baseball season this year the players don’t trust a word the owners say. The collective bargaining agreement expires after the world series this season and for the first time since 1994-95, I believe there’s going to be a work stoppage. I also believe it’s going to last a long time. 1994-95 damaged the game in a big way. It took 10 years for attendance to come back to where it was before. They canceled the 94 season halfway through and didn’t crown a world champion. The labor beef extended into the 1995 season as well. If this happens again there’s a chance it could destroy the sport.

There is rancor and anger on both sides. The owners cannot continue to say they lose money with their billion dollar TV contracts. It’s very simple. It’s very difficult to take something that back you’ve given to a union. So there’s going to be a baseball season this year. Last year they limped to the finish line and they barely made it. This season, traveling every three or four days and without a bubble looks like it could be greatly interrupted and consequently the best team won’t win. Who loses? We the fans. Last year baseball had a replacement team playing games at their training sites so when they would lose two or three players to covid they had backups. In other words they weren’t putting their best product on the field. I think it sucks. A lot of other fans will think so too.

The owners position is that come May the virus will be more under control than it will be on the 26th or 27th of March when they plan on starting the season this year. They’re right. So what we have here is the beginning of cluster f*** season number two. We shall see if my words are prophetic again.

Just a quick note. If you’re on this site and you’re reading this article you’re here for a reason. Federated Financial is one of the oldest and most respected payday loan consolidation companies in America. We are in our 24th year and proudly boast an A plus rating with the BBB. We are your best solution to outstanding debt and we are here to help you. Just fill out our form, or give us a call during business hours and we’ll get back to you within 5 or 10 minutes. We’re here to help and we do a great job! We can help you lower your interest rates down to 0% in some cases and get you out of debt faster! We Care!

2012, 2020
Why Federated Financial is the best Advance Loan Consolidation Company

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Why Federated Financial is the best Advance Loan Company

It was tough from the beginning. We were starting a brand new business and the only impediment to our success was my lack of money. In addition we were running software that I had purchased from a competitor that ran on a platform called Firefox. To this day I still wonder whether for every bit of information I put in, I lost two other pieces. Software was on the top of the list to replace.. in addition it was great to have extremely talented people on board but having four or five generals and no enlisted people doesn’t work when you’re trying to start something like this. We needed to hire people who were intelligent, and trainable. People who could learn, pass a test and become certified counselors. It was during this time of find five people, keep one that I realized one of the biggest lessons that I’ve ever learned in business.

Employees murder businesses. It’s the truth. I fast forward six months now and I have six qualified people taking call ins from newspapers. Blurbs that I posted and paid for all of the country. I knew that what we were going to do was going to be big, was going to help a lot of people and save a ton of people a ton of money. I always looked at the banks as my enemy and I was building something that could fight back. And the years went by. And we got bigger and bigger and bigger. As I mentioned earlier our debt consolidation company opened its doors in January of ’98 and by 2001 we had a hundred plus employees. I had managers for every department. We had managers who managed the managers. We had 18,000 ft. of pure production that was there just to help our client get out of debt. And they kept calling us and we didn’t post in the newspapers anymore. Around 1999 we found the internet. That was back in the days before Yahoo, before Google when AOL was the only game in town and Excite was the search engine that powered it. At that point we were a large respected company and we were able to put ourselves in a position where no matter what the consumer searched for, we were number one We were FederatedFinancial.com Services and we were, and still are, great at what we do. Saving people money. We were an ISO 9001 registered company that adhered to the strictest quality control measures in the world. We also handled millions of dollars every week. It was difficult to do. This is before the day that we could do Zelle transfers from our banks. People mailed money orders. The mail had to be opened every day.

On a Monday there could be 5,000 envelopes to open. I would sit with two of my girls and our conference room and that was my job. People trusted us and we returned their trust with results. We will one of the five largest debt consolidation companies in the country. We were a brand. As I write this I feel proud of all we accomplished. I know this little idea that I had turned really big and we’ve helped literally hundreds of thousands of people. As we grew bigger and bigger we needed more stuff. Had a couple of hundred computers in our office and we ran all of our own web servers which hosted all of our sites. Most importantly we became extremely Tech oriented to help the customer. Our first and foremost concern was helping our customers get out of debt and stay out of debt. That’s why we were able to take their debt and work with the biggest banks in the country. Citibank, Bank of America, Wells Fargo, and so on, getting these Banks to reduce our clients interest rates in some cases down to 0%. Just like we do today. I felt completely vindicated.

I was able to make a good living but more importantly I was able to save good people real money. In those days I became a walking billboard. A billboard that told everybody the truth about the banks. Then the federal government stepped in. I guess they thought that all those dollars we took in on a big Monday belong to us because they had a problem with companies that did what we do. We withstood their audits and all the crap they threw at us. We were honest this the day was long and we were untouchable. I’m proud to say that I never took a dime that didn’t belong to me. That’s not in my nature. We traversed the Tri-County area with our director of education, sitting down with people who were completely obliterated by their debt and gave educational seminars on how to fix their problems. We did everything that we could within our power to make sure our little organization which wasn’t so little anymore, became a real player in client education. We pioneered so many things in this business. People copied us and actually managed to stay in business for a year or two. It’s easy to take paperwork from a company even when you have a non-compete and alter it. It can’t replace the people. The dedicated caring people that worked their butts off in some cases till 9:00 in the evening taking calls and fixing problems for our clients.

That’s what Federated did and that’s who Federated is. Federated was always my baby and I’m an honest man. not only did I take really good care of her employees but I took exceptional care of our clients and I treated them like family. We still do that today. I can say this in closing. If you ever chose to work with our company because you needed us you would be taken care of as though you were my son or daughter. That’s something you can take to the bank. In closing I just need to say that it’s been a privilege to be able to serve the people of America in the way that we have. I know that it’s very important for people to have good credit and maintain it. I’m really glad that one of my jobs is to facilitate that for folks. Especially now, during this pandemic the country needs honest moral people. if anybody doubts that log into Amazon and see what the price of paper towels and toilet paper is today. Price gouging during a pandemic is real snake time low. Unfortunately, people are doing that. I’m doing something different. I’m helping people to tell their creditors we have no money and I’m uncollectible by trying to put people in a position where they can say that honestly. And so, a chronicle of Federated financials life. We are the ultimate saving machine. We save our clients money we reduce their interest rates we get them out of debt more quickly than they could if they did it on their own and most importantly we care. consolidate pay day loan

 

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1912, 2020
Who are we? Federated Financial, who are we? How and why did we get here, and how did we manage to stay?

By |Categories: Advance Loan Consolidation, Current Events|Tags: , , |Comments Off on Who are we? Federated Financial, who are we? How and why did we get here, and how did we manage to stay?

Interesting questions. But the answers might surprise you. Money matters, helping people and dealing with creditors was something that I was always interested in. After my divorce I considered myself the king of debt! Most men and women reading this can probably relate. I felt lost, helpless and useless. I also felt like a bad person owing so many people so much money. I didn’t make enough money to pay all my bills. That was back in 1984. We had no internet to look up the things we can find today. Credit counseling consolidate debt bill consolidation payday loan consolidation. Although I don’t remember payday loans back then in the 80s I’m sure they were out there. I didn’t care where I got the money from as long as I got it. I was deep in debt and it sucked. I had a great business idea and a way to make money in my head and I borrowed some money from my father to take a shot. I was fairly successful. I did very well in the business that I chose and made enough money to pay my bills, to pay my creditors and not to have my creditors call me specifically because I had no creditors anymore. So between 1984 and 1994 I became debt-free. I was in the video business and owned video stores. We know how that worked out. How do you spell Blockbuster! All of a sudden the money dried up. Bills came in and there was no way to pay them. Who could keep up with a company that big? They were a money generating machine.  All they did was figure out new and really innovative ways to create cash for their burgeoning business. Their stores basically became little cash generating movie theaters except you took the movies back to your house. That’s the beginning . Companies like these pushed the little guys out and caused them to go bankrupt. Me included. that was the beginning though, the beginning of let’s watch our movies at home, save a lot of money and not pay all that ridiculous amount of money for refreshments. It was the start of what we do today which is stream at home. Yes we all stream at home now and we don’t even buy something that’s tangible. We are paying for something that we can’t see except if we turn the television on. It’s interesting. I was out of work, and though I wasn’t broke, I knew I would be in about a year. I needed to have an income . A steady income. I had one for 10 years. Love don’t pay the bills! I did a lot of soul searching and thinking about how I could make money. I also knew that being in the video business and having four stores I had created lots of good feelings and joy for people. That made me feel good. I decided that I wanted to create something that saved people money. Something that kept people out of debt. Something that did not allow people to get to deeply into debt. I decided all that based on my own experiences of divorce and debt that I mentioned before. I didn’t know how to go about it. I didn’t know what I could create that would put me in a position where I could actually help people eliminate their debt and eventually get out of debt. A lot of ideas are great but they require creativity and lots of thought. I knew there was a need. If there’s a need there has to be a product created to meet the need. In this case a product for people to get out of debt and stay out of debt hopefully for the rest of their lives. Two years pass and I realized that I was running out of money. I had enough money to pay my bills and lay out one lump sum to create a business. I was driving down in fort Lauderdale one day and saw a sign on a billboard. GET OUT OF DEBT RIGHT NOW! There was an 800 number right underneath. I wanted to know how they got people out of debt right now. This is what happened next.

 

As soon as I got home, no cell phones back then at least not one I could afford, I called that company. They really did get people out of debt. They were a nonprofit credit counseling agency. Interestingly my first thought was, what the hell is a nonprofit credit counseling agency? What is credit counseling? What is a 501c3? How did they help people get out of debt, by counseling them? Then I started to think is this like therapy? So I went down to the library, remember those people? I went down to the library and did some research and then I understood. They were the gold standard at that time. Not for profit credit counseling agencies were the gold standard for getting people out of debt and that was not a good thing. I didn’t know that it wasn’t a good thing when I was learning about their business but I quickly realized that they operated under rules and regulations that were dictated by the government and consequently couldn’t hire quality staff to get the job done. So now, we have a need and we have a product. What I needed was the ability to make a deal with the creditors. We were still at the dawn of the internet and snail mail was King. I spent 6 months calling and writing to Banks and asking them what their criteria was to work with me and after a certain amount of time I knew what had to be done. My problem was being in debt. I hadn’t worked in a while . I knew this would work. I was so confident that I took a second mortgage out on my home. I knew one thing . I knew for this to work for the consumer I had to have the absolute most qualified people working with me and teaching me. I wanted attorneys. I wanted attorneys with financial backgrounds who had the ability and the gumption to stand up for their clients. I found a few and in January 1998 I Incorporated FederatedFinancial.COM Services Inc.