Payday Loan Consolidation Company
6574 North State Road 7 #137 Coconut Creek, FL 33073
Mon-Fri: 9am - 9pm
04 Feb 2020
eliminate payday loans

How to stay out of stupid debt and consequently eliminate the need for payday loans (part 2)

In my last post I detailed a couple of the things that I’ve seen over the years take people down both physically and financially. These things are unnecessary and a total waste of money. Let’s go over a couple more things that cost you way too much and the first one is a necessity of life…

Did you know or should I say do you know what the manufacturer of your automobile recommends that you use when you gas up your car? I myself didn’t know the answer to that question until 2 years ago. I finally asked. I bought an SUV and it came with either a 4-cylinder turbocharged engine or a V6. I chose the V6. I also thought that because it is a V6 that I needed to put 93 octane gasoline in the car. Bigger engine better gas,? Right? I was wrong. The average prices for gas in Florida, the state that I live in is $2.36 for regular and $3.13 for high test. That’s a $0.77 per gallon difference. Doesn’t seem like much does it? If you drive 20000 miles a year it is. If you average 20 miles a gallon you are buying 1000 gallons of gas a year. That’s almost $800. More than you should be spending if you’re using the wrong gas. Now let’s take that back to my post from the other day. Let’s add that to the $7,200 that we came up with there. The total is now $8,000 a year that we’re totally wasting on things that are that are non essential, AND definitely essential too. But there’s more. Let’s go shopping!

Did you know that? Well I don’t have I did you know that answer right now but I do want to mention this one last thing that most people really don’t relate to but we all do it. We buy junk. Yes we walk into a grocery store and many times we buy junk. So we buy that 12 pack of Coke or maybe two. Perhaps we buy a case of beer. Chips and dips. Candy. Little boxes of fruit punch for the kids. Maybe we pick up The Enquirer at the checkout. This is math I can’t do for you because I don’t know how you shop. What I do know is these are the things that get you into debt. And once again we’re talking about non essentials here. Not to be redundant but shopping like that along with little things like using the wrong gasoline for your car or going to Starbucks, or smoking costs a whole lot of cash. I will reiterate that if you have to borrow money to buy these items you probably need to reassess the things you buy. If these bad habits have gotten you into debt consider debt consolidation for your credit cards or payday loan debt consolidation for your payday loans. Either way you go, a good payday loan consolidation company can reduce your interest rates down to 0%. That’s whether you have payday loan debt or credit card debt. Payday loan consolidation and credit card consolidation are proven commodities and they work.

04 Feb 2020
eliminate payday loans

How to stay out of stupid debt and consequently eliminate the need for payday loans (part 1)

I’m going to start this article by saying that I’m no preacher. I’m just a guy who over the years has seen many people go deeply into debt. 20 to 25 years ago it was credit card debt. Today, more and more people are going the payday loan route. Invariably they end up deep in debt and end up consolidating those loans. You’ve heard it before. Let me be the last person you hear this from. Let’s do this as a did you know:

Did you know that an average pack of cigarettes in the United States today costs $6.28.A pack a day habit sets you back $188 per month or $2,292 per year. A two-pack-a-day habit would set you back $376 a month or $4,584 a year? Did you know that? I’m an ex-smoker, and I haven’t smoked in over 25 years.I’m grateful that I quit for my health, and that I quit because today, I couldn’t afford to smoke cigarettes. None of us can afford to smoke cigarettes. They’re too expensive and more importantly than that they make you sick. They’re absolutely a cause of cancer and heart disease which is definitely not good for you. Short-term, if you are a two-pack-a-day smoker you will pay $376 a month to smoke. Does that sound like an electric bill, a water bill and a car payment all rolled up into one? Where do people go to get the money to pay their bills when they’re wasting almost $400 a month on a deadly habit. Payday loan lenders prey on people who smoke. I don’t mean that literally, but when we waste money on non essentials we open ourselves up to payday debt and all other types of debt which eventually will require either a payday loan consolidation, a credit card consolidation or a bankruptcy.

Did you know that a large coffee in Starbucks can cost over $5. Add in a $5 piece of pound cake and that’s $8 a day x 7. That equals $56……times 4 and you’re paying $224 a month. Now let’s take a step back. If we’re paying $376 a month for cigarettes and $224 a month for our morning coffee what does that cost us? Rhetorical question because the answer is easy and as plain as day.$600 a month for absolutely nothing. I know that the store brand of coffee costs less than fifty cents per K-Cup and a can of whipped cream probably costs $4. I think you can see where I’m going with this. If you are a smoker and enjoy your coffee on the road every morning you have a $600 a month habit, or $7,200 a year. That’s a lot of money that pays a lot of bills. If we spend $7,200 a year on non essential and absolutely dangerous items we could find ourselves in debt.

In the beginning of this post I said I’m not a preacher.That’s the last thing that people who know me would accuse me of. What I am is somebody who’s done all the things that people do today to waste money. I took out loans back in the old days to pay my bills and I complained to the people that I worked for that they weren’t paying me enough and I couldn’t afford to live. I buried my credit cards and finally ended up with a debt consolidation company to get out of debt quickly, or at least more quickly that I could have done myself. It seems that today, the quick fix is payday loans. Payday loans are very dangerous too. With interest rate that top off at 700% APR, they can financially destroy you and your family. Many people with payday loan debt finally get smart and turn to Payday loan debt consolidation. Payday loan debt consolidation can reduce interest rates down to 0%. My belief is we get to a certain point in life where we have to rebuke the things that are not good for us and remove the poisons from our bodies and our financial lives. Take this seriously. I speak from experience.

Sticky
02 Feb 2020
payday loan consolidation company

Big news about Federated Financial Payday Loan Consolidation Website!

For many years Federated Financial has used the internet as an educational tool for people who are in debt. In this particular instance we are talking about payday loan debt, how to consolidate that payday loan debt, and how to make it easier to pay off. We’ve always believed our website to be informative, well written and what I would call customer centric. Well, we’ve taken another step forward. We feature and will continue to feature our large frequently asked questions page but in addition we will now begin to provide to consumers who visit this site human answers to human questions.

Our newly created vlog will answer questions that are asked the most. Real questions that are asked of us by real people. Questions like “Can I consolidate my payday debt?” Below is an example of the payday loan consolidation themed videos we will be releasing on a routine basis:

Can my Social Security be garnished by a payday loan company?

Can I Consolidate My Payday Loans?

Get out of Debt!

Can Payday Loan Companies Take My Money?

Questions like “Can I be put in jail for not paying my payday loan?”these are all relevant questions and really need more of a human spoken response then a written response. Like many things in life payday loan consolidation question answers, are all different dependent upon each individuals unique situation. I would strongly suggest you check our vlog regularly to you have your payday loan debt consolidation questions answered in a concise and understandable way. We’re here to help you and we’d like to consider ourselves a strong educational resource for the consumer who’s in debt.

27 Jan 2020
payday loan consolidation company

The anatomy of Payday Loan Consolidation

I felt this would be a good time to revisit exactly how payday loan consolidation works and how to get started. Payday loan consolidation can be a gift if you are strapped to a high-interest payday loan that you obtained through what I like to call predatory lenders. How do you get out of debt? Sometimes solutions that seem almost impossible, are right at your very fingertips.

The first step is to find a reputable payday loan consolidation company. You’ve found one on this website. Whatever brought you here brought you to the right place.we have 23 years worth of experience and accolades in this business having opened our doors in late 1997. We have been recognized by the BBB with their highest mark, which is A+.

We have been recognized by our customers in our Google reviews and most recently I’m proud to say that we were featured in a Market Watch article that we’ve posted here on this site. This article was posted by Market Watch just a week ago and this is January 2020. Market Watch was impressed enough by our site and our reputation to post a link from their site referring us to their payday loan consolidation customers.

Okay, so how does it work? Up top, on our home page is a form. It’s a simple form that asks you to fill out five things. It takes 30 seconds to do. You can even get things rolling more quickly if you’d like. Just pick up the phone and call us Monday through Thursday from 9 to 9 and Fridays from 9 to 6. You will be connected either by form or by telephone to an accredited payday loan counselor. All you need are the names of your creditors and the account numbers if you have them.Your counselor will discuss your situation with you and based on our 23 years in business and our excellent relationships with your creditors more likely than not we will be able to submit you into a payday loan debt consolidation program.

This will reduce your interest rates down to 0%. Obviously, that will eliminate the exorbitantly high interest rates that you have been paying consequently lowering your payment to a more affordable dollar amount. It will also ensure that if you make your payments on a timely basis you will get out of debt a lot quicker then you would have if you had been paying interest. In addition you won’t have to roll the loan over into a new one with more fees being added to an already onerous balance. Aside from a bankruptcy which can be messy and embarrassing, this really is your only alternative. Use it. It will save your financial future.

23 Jan 2020
payday loan consolidation florida

Payday Consolidation Loans and Laws in Florida

In some recent posts we’ve been talking about how laws that seem ironclad are easily being broken in States that either regulate interest, or have made payday lending illegal. Today we talk about Florida. In Florida, payday loans are referred to as deferred presentment transactions. That means the act of writing a post-dated check for money that’s borrowed today. Florida has enacted payday legislation. There’s a $500 limit on payday loans that are offered in the state of Florida.

They are allowed to be taken from 7 to 31 days with a maximum finance charge of 10% for every hundred dollars and maximum rate of 304% APR. The state of Florida only allows one loan at a time. in addition the state mandates what they call a cooling-off period of 24 hours between two loans that are taken in a row. In addition, the Florida statute states that you can’t roll over one loan into another. Those are the laws in the state of Florida. Let’s take this apart for a moment and analyze it. Florida allows a usurious interest rate of 304% APR. I question that. Why even have a law if you’re going to allow lenders to charge consumers over 300% in annual interest? There’s an answer there, but let’s take another step back.

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In the state of Florida, Law mandates that in the state predatory payday lending is it illegal and yes it comes up with a week caveat that only one loan at a time may be taken? My primary question would be, how does that benefit the consumer, keeping in mind that I can take a loan from Joe’s payday loan company and then walk down the block and take a loan from John’s Payday loan company. There’s no way to monitor that. Debt consolidation payday loans are freely available in the state of Florida and I’ll tell you why in a moment. The rollover portion of this law is plain stupid. People can take the loan from John’s company down the block to Joe’s company, and borrow the money from Joe to pay John. Here is what I believe is the answer.

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Florida is home to some large Native American tribes. The Seminoles, the Muskogee’s, the Apalachees, the Camusa’s and the list goes on. These tribes make a huge amount of money on payday loans and consequently are able to employ huge lobby groups to continue to help them keep payday loans a viable option in Florida behind some very weak legislation.

If you’re in Payday loan debt and need help call a legitimate, old and established payday loan consolidation company for your debt help. Consider the company that hosts this blog. They’ve been in business 21 years with an A+ BBB rating.. Call them, you’ll be glad you did

18 Jan 2020
washington dc payday loans

Payday loans, Consolidation and Laws in Washington DC

I thought that would be interesting to go through the various 12 States and the one district that either limits payday loan interest or doesn’t allow payday loan lending at all. I’ll be doing one of these articles every week specifically looking into these states.

The maximum interest rate that can be charged in Washington DC is 24%. That is a cap that applies to any kind of personal loan in that district. This rate applies to every Bank and every Credit Union. The max rate would yield a financial result of $16.11 for every $100 borrowed. Unlike many other states that do not cap these loans DC has taken a step to protect the consumer. Other states charge up to 700% annually.

Before 1998 there were no caps on payday lending in Washington DC. In 1998 Washington DC cracked down on high interest predatory lending. That year DC made it illegal for Check cashers to issue post-dated checks. That law put a stop to payday lenders who relied on that particular way of payment. 9 years later in 2007, the district established a 24% interest rate cap, which would be considerably lower than the egregious 700% rates that other states allowed. There is an exception to this and that exception is that tribal lenders in-store fronts and online can still offer ridiculously high rates to DC residents. Unfortunately my guess would be that some residents don’t know about the laws of the district and are fooled by advertisements into borrowing from tribal lenders. A little bit of knowledge is worth a huge interest savings. Tribal lending is the only exception to interest rate laws in DC.

In addition to that, Washington DC makes it mandatory for all payday lenders to have a license. Breaking the law would cause these licenses to be revoked and put these lenders out of business.if you do a search on the internet for payday lending in Washington DC you will find companies that loan money in the district. Be very careful in dealing with them. Make sure by asking and always get everything in writing. The questions are simple. Are you a tribal lender? What is the maximum rate your company charges for a payday loan? If the answers are outrageous you’ve run into a tribal lender, or an online company owned by tribal lenders without an actual business address in Washington DC. Just walk away. There are legitimate payday lenders in our nation’s capital.

14 Jan 2020
advance loan debt consolidation

Consolidate Advance Loans Today!

Advanced payday loans are big business. Only for the advance loan companies. They make a lot of money on the enormous interest rates they charge. People take advance loans for many different reasons. Emergencies pop up quite often in many people’s lives. Most Americans have very little savings. When a crisis arises many people with bad credit and the need for quick cash will take an advance loan. And then the cycle begins. The good news is that these people can consolidate these advance loans right now.

Did you know? Approximately 12 million Americans take payday loans each year.

Did you know? Payday loan companies commonly charge between 200 and 700% interest annually.

Do you know? That you can get out of advance loan debt today.

Did you know? In 2006 only 250,000 people used advanced loans.

If you’re reading this article you’re on the right site to do so. Federated Financial, an advance loan consolidation company can reduce your rates down to 0% and get you out of debt quickly. Don’t be one of those many people that take years to pay off one loan.Economists have called these loans Financial suicide. You’ve got to break the chain and start getting out of debt today. Just go to the main page of this website and call the toll-free number at the top of the page, or fill out the five line form and someone will get back to you within the hour. Start getting out of advance loans today. Your financial life depends upon it!