Payday Loan Consolidation Company
6574 North State Road 7 #137 Coconut Creek, FL 33073
Mon-Fri: 9am - 9pm
01 Jan 2020
payday loan relief debt

A crime is not a crime when it’s a payday loan?

I hope the title of this article brought you to it. Here’s my take on the proliferation of payday loans and payday loan companies over the last 10 years. Payday loan lending is a way for a lender to make a lot of money. We have 50 states in the Union. Arizona, Arkansas, Connecticut, Georgia, Maryland, Massachusetts, New Jersey, New York, North Carolina, Pennsylvania, Vermont, West Virginia, and DC…

What do these states have in common?
These 12 States, and one Commonwealth have deemed payday lending illegal. That’s 13 out of 50. That’s only 26%.. The other 37 States welcome payday loan lenders with open arms. There is one caveat to the illegality of payday loan lending in the above-mentioned 12 plus 1 areas. Native American tribe lenders are able to circumvent these laws. They claim sovereignty and advertise their payday loans online, allowing them to work in areas that should be protected from predatory lending. This raises some very interesting issues. In the real world where does sovereignty end? Native American tribes have been legally running casinos on their land for years. They certainly have the right to do that.

What is crossing the line?
That’s certainly not my decision to make but I do believe that every privilege should have its limits. Why can native Americans loan money at rates up to 700% but for years loan sharks have gone to jail for doing the same thing. Why is it legal for some and illegal for others? These are all rhetorical questions but good ones and certainly merit some thought. We as a nation need to decide what certain things are harmful to people. If something is universally harmful shouldn’t our lawmakers agree that nationwide sweeping changes need to be made? There’s really no sense in some states believing that their residents should be paying 700% interest on payday loans and other states believing those loans are criminally usurious.

Intelligent law making needs to be based on factual evidence. Laws need to be proposed and ratified by people who have no horse in the proverbial race. We can’t have law makers in this country who are more afraid off what their constituency thinks, instead of deciding based on logic whether or not the law is good for all the people. When politics come into to play and superseded judgments based on people’s well-being you have a politician who’s just looking to get reelected. Payday loans ruin lives. That is a fact. We, as a civilized Nation should not be taking advantage of people in dire financial circumstances who tend to be desperate.The system has been broken for years and needs to be fixed.

29 Dec 2019
payday loan consolidation company start a new life

Start Your New Life Today!

High interest Payday Loans can become a vicious cycle before you’ve realized it’s happened. They can cripple your finances and your future. We can help you reduce your interest rates HUNDREDS OF PERCENTAGE POINTS, and perhaps even get you out of debt in less then a year!

Here are some statistics that all payday borrowers need to know!!

Only 14% of all borrowers will repay their loan by their next payday. When this happens many lenders will be “kind enough” to let you just pay the fees and roll your loan over for another two weeks. THEY ARE NOT DOING YOU ANY FAVORS!! This practice is referred to as “churning”

The average payday loan “churns” 8 times in five months. This causes extra fees and obviously the “high interest” is still accumulating. The circle has begun. Many people take out additional Payday Loans to help pay off the original Payday Loans and now these predatory lenders have caught someone else in the debt trap.

All of the above information is courtesy of a study done by Pew Charitable Trusts.

There is a solution to all this! Please remember that you’re not alone. Eighty six percent of borrowers are in a similar situation as you are. Payday lenders are keeping a secret. Most of the payday lenders operating in this country have PRE ARRANGED agreements with our organization. This is something they don’t want you to know…….and there is a good reason for that. In most cases these loan companies will take your payments from our company at a zero interest rate. If not zero, the rate with be drastically reduced allowing you to get out of debt in months instead of years. This is an absolute fact. We have been in business 22 years and we are exceptionally good at what we do. You make your monthly loan payments to us instead of the creditor, and we forward them your payment. It is really that simple.This is how you receive an affordable rate and it is your solution to the cycle.

I want to make make a couple of things clear!

Yes, the payday lenders can sue you….Once you start on your payment program they almost definitely won’t Contrary to their threats, they cannot “put you in Jail” Pay no attention to that nonsense but DO start your journey to a better life by making the decision to GET OUT OF DEBT TODAY!!!

25 Dec 2019
get out of debt federated financial

The touchy subject of payday loans

Do I or don’t I? That is the question! Although that sounds like a take off on Shakespeare, it’s also the thought that many people have when they need to make the decision whether or not to take a payday loan. Stuff happens! We all know that. What do we do about it? We put it off until save enough money to fix the problem. Sometimes that’s not possible. At that point we have to decide whether it’s a financially viable option to borrow money at 200 – 700% interest annually for a payday loan.

Payday loans serve purpose if used properly. Taking a 50 or $100 loan for a week is certainly an option and financially feasible. Unfortunately, most people need more and the ease in which payday loans are given can turn them into an addiction. The 100 turns into 200, the $200 loan then becomes a $500 loan and for many people it spirals out of control after that. So what happens next? You’re sitting with $1,000 debt that costs a ridiculous amount of interest.

It happens subtly but quickly. Unfortunately sometimes these loans are really necessary. If this is your situation, or you find it becoming your situation payday loan debt consolidation is the answer. A reputable company with a good track record can get you out of debt quickly with the least amount of harassment from your creditor. Long-term players in the industry have track records with your lenders and are able to have them reduce your interest rate to 0%! Who wouldn’t want to do that? It’s essential that you start taking care of them immediately

I would suggest other alternatives including taking an advance loan on your paycheck from your employer. Many employers will front employees a few hundred dollars in an emergency and take it out of their check weekly without interest in away that it doesn’t cause financial hardship to you the borrower. It’s certainly not good to make a habit of that but an emergency is an emergency. The decision is whether the money is needed for a true emergency, or a desire to purchase something that is not essential. Financial prudence must prevail in the decision-making process. The last thing you want to do is bury yourself in Payday debt. If you have buried yourself in that debt get into your payday consolidation program now. You will thank yourself for doing it

24 Dec 2019
eliminate my payday loans

Consolidating Your payday loan balances

In today’s world, many consumers owe large amounts of money to payday loan lenders. Promised affordable monthly payments, many people are drawn into the trap of accruing large payday loans with exorbitant interest rates running up to 700%. As a result,many consumers are forced to pay unaffordable amounts of money to payday loan companies for many years. In some cases, these payday loan payments can lead individuals into bankruptcy. By consolidating these existing payday balances making payments on time can be much easier. Most importantly, interest rates on balances can usually be reduced to 0%.

Simplified Payment Plans

Some consumers are forced to pay many bills every month. This can be especially true for individuals who are in debt. As a result, it can be very convenient to consolidate payday loan payments into a single account. By doing this consumers will only need to make a single payment each month. Instead of paying several bills every day, consumers can focus on growing their earning potential.

Having a simplified payment plan can make it easier to avoid late penalties and fees. Many consumers with outstanding payday loan accounts find it difficult to make all their payments on time. When there is only a single account, it is easy to keep track of whether a payment needs to be made.

Reduced Interest Rates

The biggest payday loan consolidation benefit is that it can reduce interest rates. When consumers initially got themselves into debt, they may have been desperate for money. As a result, many consumers accept payday loans on unfavorable terms. Consumers who consolidate payday loan payments can lower their interest rates to 0%. After several months of making payments on time the debt starts to go away. Making payments on principal only is the difference.

22 Dec 2019


Kathy Kraninger, head of the Consumer Financial Protection Bureau has been chastised by Democratic senators over her seeming inability to manage Student Loan Servicing Agency’s. Kraninger has claimed that every-time she has tried to oversee and manage said loans she has been stopped by the Dept.of Education… She was told by members of the Senate to stand up to Betsy DeVos and do her job.

“The CFPB has the authority to supervise large student loan servicing companies, regardless of whether they collect private student loans or federal student loans. That has long created tension between the Education Department and the CFPB over student loans.” as seen on

Kathy Kraninger, the Consumer Financial Protection Bureau director, made the disclosure in a letter to Democratic senators released on Thursday. | J. Scott Applewhite/AP Photo

Democrat senators have admitted that she hadn’t caused the situation but had inherited it. Notwithstanding that inheritance she has still let this problem fester add become unmanageable… After a year’s time on the job she still not yet gone to court to try and take charge of this situation..

Why is this posted on our blog? Kathy Kraninger is the person in charge of protecting consumers against predatory lenders. Predatory lenders like payday loan companies. As a consumer advocate it is incumbent upon her to take a stand and start knocking these payday loan companies down to size.Hasn’t anybody told her they charge five six and seven hundred percent interest annually? Of course she knows this but instead decides to look the other way as payday loan companies seem to be very cozy with the White House. You the consumer are not being protected by the person who is supposedly a consumer advocate. Somebody Somewhere are believes that loan companies are allowed to steal indiscriminately from consumers and walk away unscathed, albeit with thicker wallets. We will follow up, and keep you, the consumer informed.

01 Dec 2019
payday loan relief debt

Should I consolidate my payday loan?

Payday loans can be a useful financial product that can help people to meet their short term financial needs. However, as payday loans have high interest rates and short redemption periods, many people have difficulty paying off the loans by the due date. When a person is unable to pay off the loan by the due date, he or she will likely have to take out a new payday loan to pay off the old one. This is called rolling over loans. The cycle can quickly repeat leaving the person with multiple payday loans at one time.

One solution to the ongoing cycle of payday loans is to consolidate existing loans. With a payday loan consolidation, a person can combine his or her existing payday loans into one simple repayment plan. In most cases, the consolidation process will allow a person to make payments on the balance of the loan over a period of months….. At a 0% interest rate! A person who chooses to pay off multiple payday loans through the consolidation process will enjoy a number of benefits. Payday Loan Consolidation typically results in interest rates that are lower than a standard payday loan and a longer repayment deadline than a payday loan. This means that a person who consolidates his or her loans will make significantly smaller payments, all of which going to principal and will have more time to come up with the money to pay off the loan. These factors alone can help a person to escape the payday loan cycle and save a significant amount of money.

In addition to smaller payments, paying less interest and having more time to pay, a person who consolidates payday loans will also enjoy other benefits. By only having one payment, instead of multiple ones, it will be easier to keep track of the loan and the payment dates. This makes it less likely that he or she will make a mistake and end up with additional late charges. Using a loan consolidation plan to pay off payday loans that are past due will also help a person end the endless collection calls and letters, which can help to reduce a person’s stress level. A consolidation plan might also help to bolster a person’s credit rating by eliminating the late payment reports from the payday lender and reporting a person’s on time payments on the consolidation plan.

With the many benefits of payday loan consolidation, there is no reason for a consumer who is struggling to pay his or her payday loans to not take action to find out whether or not loan consolidation can help them escape the payday loan cycle.

23 Nov 2019
payday loan consolidation

What could you do with an extra $1,000 a year?.. or MORE

That’s the question that payday borrowers probably ask themselves daily. Payday loans have become commonplace in America with one in ten Americans actually taking out a payday loan every year. The attached map will show you the legal maximum interest rate charged state-by-state. These are rates that have actually been approved by your local legislators. The numbers are UNBELIEVABLE!

The payday loan business model was specifically designed to keep people in the loan cycle and constantly roll old loans over into newer ones. Think of it as being upside down on a car loan and rolling your existing balance into a newer auto, consequently perpetuating your original debt and raising your payment……..

payday loan consolidation

What would you do if you had an extra thousand dollars a year for yourself and your family? The answer is a personal choice BUT it might just be the amount an honest payday loan consolidation company can save you by having your creditors ELIMINATE all of the accrued interest……WE CAN DO THAT!

JUST FILL OUT THE SHORT FORM ON THIS SITE OR GIVE US A CALL TODAY! Start the year off right and resolve to make changes STARTING TODAY!

15 Nov 2019
payday loan consolidation stress free

Consolidating Payday Loans will relieve stress!

You have come to the conclusion that you need assistance with settlement of your payday loans. They have been stressing you out and you’ve reached the point where you have had enough! Well, there is assistance.

While payday advance loans are very common in America today for various reasons such as they are easy to get and do not demand a credit check, they are not as effective and helpful as they first appear. They can very quickly become an undesirable obligation. If it happens that the account holder pays the advance back late or misses the due date the fines and service charges can be downright painful.

Consolidation of Payday Loans

There are services available like payday loan consolidation (otherwise called payday advance settlement) that are intended to lessen the demanded payments required of payday loans that you have to a more sensible sum that will fit your specific salary level. The procedure is basic: once you select a payday advance settlement company they will examine your expenses with you and help you determine a reasonable sum that you can afford to pay each month. You will then pay that sum into an account with your payday loan consolidation company every month, and they will begin to arrange settlements with your creditors.

The payday advance settlement company will plan to decrease your obligation with each of your creditors with the goal being to “settle” the record. When they have agreed upon a settlement sum the payday loan consolidation company will begin to pay the creditor with the smallest balance off first.. Once the creditor has gotten the amount that they have agreed to they will mark your account as being settled and report that to the credit bureaus. This procedure can take anywhere from six months to a year and a half to complete. It all depends upon the credit obligation you have and the amount of money each month that you can put toward the loan consolidation.

Payday Advance Companies

As was stated earlier, payday loans can be amazingly easy to obtain. Then again, contemplate what you are getting into before applying for a payday advance. Make sure you realize that some payday advance companies have interest rates that can reach as high as 400 percent or more on loans that are not paid off in a timely manner. Simply make it a point to thoroughly read the fine print before taking out any payday credit. Also, don’t take on a payday loan if you don’t believe that you will have the funds needed to pay it off with your next paycheck. Once you are hit with those fees and service charges you can find that they can turn into a real nightmare rather quickly.

Payday Credit Help

When will you know it is truly time for you to begin hunting down assistance for those payday advance loans? Here are a couple signs you can expect to see when you need help.

You get a telephone call, email, or letter from a payday credit company regularly demanding payment from you.

You are facing a wage garnishment from a payday advance company.

You received a court summons from a payday credit company.

On the off chance that you are managing any of these situations it might be time to consider looking for payday credit help. A payday loan consolidation company can help to deliver you from the stress these situations cause.

Payday Credit Consolidation Companies

Once you have concluded that you do need payday credit help then the next thing to do is to find the right payday loan consolidation company for your circumstances. A decent payday advance settlement company will furnish you with a couple of things in advance. One thing they will give you is a statement of how long they expect your settlement will take. They will then give you an idea of the amount they think they can lessen your obligations by, and how much they will charge you to help you out of your present situation. In the event that you are not given this information then you need to be cautious. Make sure you ask questions and thoroughly understand what is ahead before you agree to work with any consolidation company. Your insight into the procedure will help you rest easy as you go through everything. Payday advance consolidation companies are motivated by the same thing you are: they want to diminish your overall obligation.

Payday Advance Assistance

In the event that you are managing multiple payday advance debts that appear to be overwhelming you, don’t hesitate to look for help. You are not alone. Every day, a large number of individuals are battling with payday credit obligations and are requesting help. Payday credit consolidation companies can be extremely helpful in removing the stress of overwhelming payday loan debts if you are proactive and focused on escaping from the obligation.

03 Oct 2019
Payday Loan Consolidation Services

Do Payday Loan Consolidation Services Work?

The answer is a resounding yes! Any service that can reduce your interest rate from between 200 and 700% down to 0% is doing a great job. Payday loan consolidation is absolutely the way out!

If we look at the interest alone, you can see that using these loans should be a last resort. For example, if you were to borrow $1000 and had an APR of 25.99%, your interest in 30 days would be approximately $22.31. That is because these types of loans use compounded daily interest. While this amount may not seem like a lot realize that a 25.99% APR from a payday loan company is not happening. Most have interest rates up to and including 200%-700%. Now do that same math using an APR of 200% and in one month you are paying $178.14 in interest, and that’s not even paying toward the principle borrowed. Yes, 200% APR is ridiculous, but since the same laws do not govern payday loan companies like banks and other lending institutions, they can get away with their loan shark type interest rates.

That is why states like North Carolina have made it illegal for payday loan companies to operate within their state, to protect their citizens from unscrupulous lending practices. Therefore, until payday loan companies can be regulated the same as banks and dare I say credit card companies, people should be of the opinion that payday loan companies are not an option. with loans of this type, it is important to have a healthy financial knowledge of the type of debt being accepted and the ability of the person to pay it off in a timely fashion.

18 Sep 2019
payday loan consolidation

How to Eliminate payday loans

No one likes dealing with debt that they feel is insurmountable. That’s why over 12 million people turn to payday loans every year as a way to pay down their other debts or pay an unexpected expense. If you find yourself in this situation, know that there are ways to dig yourself out of this hole. This article will show you ways that you can attack this debt and get out from under it once and for all.

What Will Happen If I Don’t Pay My Payday Loans On Time?

Defaulting on a payday loan can get you paying exorbitant fees, late fee penalties, and other types of legal actions taken against you. Most payday loan lenders take the money you owe out of your bank account every pay period. If you don’t pay the amount you owe, you could also end up with overdraft fees that you can’t pay. Getting in this situation means that you won’t be able to pay for required expenses such as childcare, transportation, or utilities. On top of everything else, you would have to deal with harassing calls from payday loan debt collectors.

Getting Out of Payday Loan Debt

There are a few ways that you can get yourself out of this type of debt. The first is an extended payment plan. With this type of arrangement, you can pay back the loan in a certain number of installments. To do this, you will need to make an agreement with your payday loan lender. But if you renege on this payment arrangement in any way, you could end up with extremely high fees and penalties.

The second way that you can get out from under payday loan debt is borrowing money to pay down what you owe the original lender. While this option isn’t ideal, it can save you a ton of money on late fees and penalties. Some of the lending sources that you can use to pay your payday loan lender include getting a personal loan, debt consolidation loan, or even borrowing the money from a friend or family member.

The last option you could use should only be considered if you’ve found yourself in a real financial bind. This option involves filing for bankruptcy. Many payday loan collectors will (incorrectly) tell you that these types of debts can’t get discharged in a bankruptcy claim. This is a lie. Should you decide to file for bankruptcy, payday loan debt will get treated just like your other ones.

Read more on our Payday Loan Consolidation Blog today, to learn more on advantages and techniques to eliminate your payday loans.