Payday Loan Consolidation Company
6574 North State Road 7 #137 Coconut Creek, FL 33073
Mon-Fri: 9am - 9pm
10 Mar 2020
payday loan consolidation company

When Science Fiction becomes Science Fact, The whole world Suffers!

Well folks, the unthinkable has happened and it’s here. For the first time since 1918  there is a worldwide pandemic going on. The world has been rattled by the coronavirus. Unfortunately there’s no cure yet and more than likely it will just run its course here in the United States like it’s done in China. All business is suffering. It’s not just about “rich” people losing money in the stock market anymore. More than likely there will be quarantines. Small businesses will stop operating for a specific amount of time. Some will reopen some won’t.

Casualties of something that we can’t control. This financial disaster will affect almost everyone in this country. Hopefully, only in the wallet and not physically. there’s a chance that everybody who’s reading this article could be out of work in the next week or two for an unspecified amount of time. There are many of us who live paycheck-to-paycheck. I wrote about something like this scenario in an article back before the virus hit our shore. It’s here now. What people do during this crisis will affect their financial future for a long time to come. The financial decisions you make during these bad times need to be well thought-out lest they affect your future. There might come a time where you’ll need to borrow money. There are many different ways to get into debt. Some of them are palatable and some of them are completely distasteful. If you can get a personal loan when things go badly I highly suggest that you do just that. Sometimes people have to borrow against their credit cards. I’m not a believer in that but for the right reasons it certainly is the right move. Everybody has to eat and everybody has to pay their bills.

We are in uncharted waters and we don’t know what lies ahead. I know that as a last resort people take out payday loans. High interest, short-term Advanced payday loans at egregious interest rates that can run up to 700% per annum. What do you do when the crises is over and the day of reckoning comes? These loans have to be paid!! High interest payday loans are difficult to pay off. When your income returns, the last thing you want to do is be paying that incredibly high interest rate. How do you avoid it?

Easily answered! Payday loan debt consolidation, or Advanced loan debt consolidation as some call it is absolutely the answer to Payday loan debt. Federated Financial, with well over 20 years of experience in dealing with your creditors is able to have your interest rates reduced down to 0% in most cases. Doing that lowers those giant monthly payments by reducing the interest rates and having you pay only principal in most cases instead of interest. I couldn’t imagine why anyone would continue to pay the interest rates that these payday lenders charge instead of doing payday loan debt consolidation. When you’re stuck with your back against the wall, and the whole country seems like it’s falling apart, you do whatever you have to do to survive. If you must take out payday loans, when it comes time for relief you must do payday loan consolidation. Call the number on the top of our page, or fill out the form. You’ll be glad you did!

28 Feb 2020
corona virus threat

Payday Loan Consolidation for you when you Need It!

In this blog post I’d like to talk about the bottom line in debt consolidation for payday loans. There’s a lot going on in this world. Sometimes it almost feels like the world is coming to an end. Today, on Thursday February 27th 2020, many people are having financial difficulty add or financial fears on many different levels. There is so much going on. It’s all set up like a row of domino’s that have started to fall in unison.

Confirmed Corona virus Cases

The coronavirus has finally gotten here. It’s taken hold in China and it is finally abating. South Korea, Iran, Italy and many parts of Europe and the list goes on. This domino falls into the financial markets, closes down factories and that effect bleeds into the stock market. The stock market tumbles and it’s like the food chain. Factories can’t produce and inventory Runs low. Retail, has less to sell and the people lose jobs. That’s where the trouble starts. Financial problems are the most stressful part of family life. Yet they exist and we have to deal with them. When we only have dollars going out with no income coming in people tend to make desperate decisions based on emotion as opposed to being based on logic.

debt consolidation loans

They turn to payday loans. It’s quite understandable that somebody who had a family and was desperate to pay their bills would do something like this. Eventually the inevitable happens. That 6 or 700% interest rate becomes a financial burden and eventually becomes unaffordable. Many folks roll these loans into new loans and it ends up simply being a device which takes from Peter to pay Paul. It’s an endless circle that can go on and on. The bright light at the end of the rainbow is that there are companies that do debt consolidation for payday loans. What is debt consolidation for payday loans? It’s simply having your lender working hand-in-hand with the payday loan debt consolidation company and reducing your interest rate down to zero so you can pay these things off once and for all…

fico scores lower rates

When paying off these payday loans it helps immensely to use a payday loan consolidation company that has a track record. What I mean by a track record is a company that has been in business for over 20 years and is highly rated by the better Business Bureau. Those two things give the payday loan consolidation company that you’re using the track record and the credibility of being around for a very long time which in turn gives the client a level of comfort that they need by letting them know that there is a large reputable company on their side. In the payday loan consolidation business reputation is everything. Payday loan lenders pick and choose in a discriminating way when deciding which payday loan consolidation company they choose to work with. They do not work with all of them. They look for companies with a really good payday loan consolidation program. In this circumstance a really good consolidation program is one in which the customer always feels safe and protected and consequently because they know the job is getting done by a company that cares will make the payments right down to the very end ensuring that the lender gets paid back. A really good payday loan consolidation program let’s the customer know what’s going on every step of the way. Everything has to match. That way the creditors calling stops. There are no lawsuits being filed add this payday loan consolidation program has worked for the consumer. It’s a very simple process that can be made very difficult by a company without an ongoing track record with the creditors that they work with. a really good payday loan consolidation program is essential to being successful in paying off these debts. You paid off your payday loans. Unfortunately most people don’t know how easy it can be.the payday lenders certainly don’t advertise it, and most people just don’t think about it. They just figure they have a debt and they need to pay it. Many of these people live in small towns and the very people who own the lending companies are people they see from day-to-day. As we all know it be very embarrassing running into somebody who you are indebted to.You’d never want to be in a situation like that. The good news is you don’t have to be. You paid off your payday loans! You never have to be in that situation again. That is an absolute. There’s always an alternative solution. But at this point the bottom line is lowering your payday loans using payday loan consolidation. Proof positive that it works. You embark on a new life path. Your life has been changed for the better by payday loan relief. One last point about paying off your payday loans. It should never be this difficult. This has been mentioned on this site before. We’ve talked about it in our videos. Victims of ridiculously high interest rates shouldn’t have to use payday loan debt consolidation to fix the problem and the reason for that is there should be laws to protect them. As a consumer you need to write to your local legislators and tell them what the problem is. Tell them that you’re not going to put up with it anymore. Tell them that if they don’t start fixing it you’ll be going door-to-door with petitions to have them removed from office. Payday lenders can still make money at extremely high interest rates. There needs to be a cap. If the interest rate has two be 25 or 30% for the convenience of instant Cash and protection against some of these loans not being repaid so be it. 200, 300, 400, 500, 600, and 700% will never be an acceptable risk mitigation interest rate as far as any consumer is concerned…..

consolidate payday loans

If all the gears mesh perfectly and the program runs smoothly, you the customer are eventually provided with payday loan relief. It sounds so simple. Payday loan relief. Now here’s the catch. It’s only payday loan relief if you are able to stay away from those payday loans and not look backward. You must never use them again. Getting help with payday loan debt is nothing to be ashamed of. Debt happens. It happened for many different reasons. Not unlike the reasons I explained in the beginning of this post. Asking for help is not weakness. Asking for help shows strength. Asking for help with payday loan debts shows strength and a distinct understanding that there are some things that you cannot do yourself. There’s no shame in that. The shame would be not pay these things off add continue to pay for them for years. By not asking for help you do yourself a disservice. I believe in what we do. I truly believe that that consolidation for payday loans is the only way to go when you need to get out of payday loan debt. As a company that has been in business for 22 plus years Federated Financial has become a torchbearer in the industry. An innovator writing the rules when there were none. Setting up people to pay their bills when they thought they couldn’t do it. And then they did it. When you are mired in debt and looking for a good payday loan consolidation program look no further than the site that your on.if you work with us payday loan relief will be right around the corner. That’s because we care!