6574 North State Road 7 #137 Coconut Creek, FL 33073
Mon-Fri: 9am - 9pm
22 Mar 2020
payday loan consolidation

Worried about your Payday Loans if the United States in a recession?

Where is the United States today? We’re in bad shape. Major corporations are bleeding money. Many Americans have lost a third of their net worth over the last two and a half weeks. The government is spending trillions on aid to corporate America, as well as the general public.. As you might or might not be aware, there there’s a pending bill that’s still being negotiated in the house.This bill will provide regular hard-working Americans with money over and above the unemployment they might need to collect right now. This will help people get through this tough time. Right now the administration is proposing to send around $1,000 for every adult and $500 for every child to American households in need.

As I understand it they’re just working out the details now and deciding what the income ceiling should be in regards to whether or not people should be receiving checks.As the president said “we’re not going to send $1,000 to a person that’s making a million dollars a year” and that certainly makes sense. At the end of the day the government can only do so much and a situation has to play out just the way it’s supposed to. There’s no fault here. No fault lies with these businesses or with the administration. If there’s any fault it lies with the Chinese government and their lack of candidness when it came to letting the whole world know what was going on there. if we would have known about it sooner we could have fought it sooner. Instead, the coronavirus rages through this country, killing Americans and wounding our economy.

Arguably, the Chinese government is completely responsible for many of the deaths around the world that could have been avoided if they had been more forthright. Their negligence has cost lives, and cost life savings. The savings will come back the lives never will. So why is this a recession as opposed to simply a coronavirus pull back? President Trump has said numerous times that as soon as this virus passes the market will return and surpass its previous highs. He’s either not telling the truth or he’s not getting the right information and I’ll tell you why. We’re watching what I call the trickle-down effect. Let me give you an example. I’m going to use an expression that we’ve all heard that before. “Part of the food chain” it’s about delicate balance. Small animals graze on grass. They get fat. Larger animals come out of the woods and eat the smaller animals that have gotten fat. These larger animals now go back into the woods and they get eaten by a big black bear. The bear gets hunted and he’s eaten by a human being.

Sounds terrible but it’s mother nature. It balances ecology and keeps all living things in a place where there’s enough to feed all on the planet. Now let’s take this thought and move it over to exactly what’s going on today. First off what’s going on is probably affecting you right now. If not, you’re lucky. Let’s not personalize it though..let’s use the actual businesses involved as the examples. Go back a year ago or so and you’ll remember that Boeing had a problem with their 737 airplanes. Two of them went down just months apart. Boeing took a hit with that and they’re still working on the problem. All those planes remain grounded so Boing is still taking that hit. In addition, these planes are not being bought. Boing is a good example because they went into this situation already having a problem.

Now we have Boeing with financial difficulties and an extremely contagious virus spreading throughout the world. The first thing people do is stop traveling. It affects the airlines. No fees no fares. That’s the problem of the carrier whether it be JetBlue, Southwest or any of the majors. That goes back and hurts Boing again because the carriers aren’t going to buy airplanes if they’re not making  money on the ones they have. You might remember a headline from a week or so back that spoke of airlines flying ghost flights around the country. All that meant was is they were flying airplanes that might have had one or two passengers aboard. So now we have a major manufacturer hurting for money in two ways. In addition we have the carriers that aren’t making any money because nobody wants to fly right now. Well if nobody can fly what happens to the places that they would have stayed at? I’m talking about the hotels. All of a sudden publicly traded companies like MGM Entertainment, specifically their hotel division, Wynn, and others aren’t booking guests. The hotels are finding themselves pretty much empty.

What happens after that?

That’s pretty obvious, the hotel cuts back staff! We’re talking about a lot of staff. There’s no reason to have staff, like housekeeping or the servers that work at all those beautiful restaurants that are closed now .They have to close because there are no guests to feed. So the servers and the housekeepers are out of work. They create two more problems. Most importantly they lost their income which puts them in the position to request assistance just to feed their families. It also takes away their disposable income. I’m talking about the income that would allow them to go to the movies if the movies were open. Income that would allow them to take the children to the toy stores. Income that might take the family out to dinner before the restaurants closed this week. And these actions in turn would have put all the workers in the above-mentioned places out of work which continues the cycle. So this is the situation that we are in right now.

I think you can understand why I call it the trickle-down effect. The trickle-down effect also creates one other problem that a normal recession wouldn’t create. That problem is that these major corporations are going so deeply into debt that many are not going to recover. When this virus has passed Boeing is still going to have giant financial problems. I don’t believe they’ll ever go out of business but I do believe it’s going to take them years to make their money back and get back on their feet. This applies to the whole airline industry and the hospitality industry as well. if these businesses are still hurting a year from now the last thing that’s going up is their market price. Investors who normally make money back on the bounce don’t see the bounce because there can’t be a bounce if the companies that need the bounce are still hurting. And that’s the problem with America right now. The administration has problems. They have a lot of work to do and I think they’re on the right track. it’s going to take some time though and this is not a normal recession. That I can tell you for sure. Nobody alive has ever seen anything like this before.

Remember this word. Hydroxychloroquine. This is a drug that is 50 years old that was initially created for malaria patients. This drug has shown very encouraging results in other countries and if it’s effective against the coronavirus we might be able to mitigate the health crisis  we’re having right now. This in turn would help businesses rebound more quickly than they would on their own. FDA commissioner Dr. Steven Hahn, has the FDA  testing this drug against the virus. In a news conference today he wouldn’t put a time frame on it but promised that they’re working twenty-four hours a day to see if this drug works against corona virus and if it does they’ll be able to fast-track it. There are a couple of other drugs that they are considering that might not be as promising as this on, but the one thing that all these drugs have in common is they’ve been in use for years and they have proven themselves not to be dangerous. A vaccine is still going to take the minimum of a year to create and then at least 6 months to manufacture. Going through another flu season at the end of this year like this one, could spell disaster for many. Let’s hope that it doesn’t happen.

So what it really boils down to is that we are on the bottom of the food chain so to speak. As always, the general public takes the short end of the stick. And so I address our readers. Many of you out there are in the advance loan payday loan trap. You got into it way before this problem started. Can you consolidate payday loans? Can you get help with payday loans? Which Payday Loan consolidation companies do you want to work with to get help with your payday loan debt. You need a great payday loan assistance company to help you with your advance loan consolidation. To help you with your advance loan consolidation you need payday loan consolidation companies that work with that type debt. It’s good for you that you’re on this site. We’re a 23 year old payday loan debt, advance loan consolidation company. We are A+ rated with the Better Business Bureau. We are the best at what we do and we’re not ashamed to tell you that. Over the last 23 years we have built strong financial relationships with your creditors. They trust us and they know that if we tell them that they are going to get paid in most cases they do. In 99% of the cases we can reduce your interest rate down to 0% . That is lower than the rate of six or seven hundred percent that you might be paying now. We can start as quickly as you want us to. Fill out the form or give us a call during working hours and we’ll be glad to help you. We’re great at what we do, and we care!

17 Mar 2020
consolidate payday loans

Locked in the house, try Payday Loan Consolidation

Locked in the house! What do we do with the family and the kids?

Yesterday, March 16th 2020 this surreal world just got a little stranger. The president and his staff came out with the 15-day plan to flatten the curve of the coronavirus. The key to it all is not to overwhelm our healthcare system. We don’t want what’s happening in Italy to happen in the United States. People are dying in Europe, and doctors are having to make incredibly difficult choices because they don’t have the equipment they need to help all their patients at once. Too many patients and not enough equipment. The administration was very positive yesterday expressing, that if we all do our job, by sticking to this 15-day plan, we can stave off many deaths and much suffering. So we’re here in the worst case scenario with the premise of the theme behind the Presidents strategy being to cut out as much social integration as possible. There’s a good chance that you’re out of work right now and voluntarily being confined to your home. Whether it be with the kids or not it can become a long, arduous and lonely ordeal. The way I look at it is, we’re almost donating 3 or 4 months of our lives so we can save them, and live for many years to come. For many, money is going to be tight. Bills need to be paid and more than likely they’ll be some sort of financial relief from the government over and above unemployment.

Following the regulations that are set forth by the government is something we all have to do together. It comes down to a choice. Given that we’re going to be staying home much of the time we can either be happy or sad. Watching the news all day is not good. Bad news is sad. I’d like to make some really good suggestions about how to spend this down time. Some of the things that I’m going to tell you you will find surprising.

NBC Universal which is the national broadcasting network’s movie division has decided that they’re going to release first-run films to stream at home. They’re going to charge us for it and I’ll get into that in the moment but it’s a bargain. Their reasons are not entirely altruistic. They have product and nowhere to exhibit it. Movie theaters are entirely closed in 32 or more markets overseas and partially closed in another 15 territories. Aside from the New York and Los Angeles where theaters have already gone dark, many states have ordered that there be no public gatherings of more than 10 people. Originally it was 50 and then reduced to 10. Ten people in a movie theater watching a first-run film doesn’t turn a profit. It doesn’t even make back the cost of making the film, nor does it put money in the theaters pockets.

The studios walk a thin line because of their partnership with the distributors and the theaters that show their films. Given that the theaters are not able to show the films right now, Universal has become the first studio to release their brand new films on streaming video. These films will include The Hunt, The Invisible Man as well as focus features, Emma. Universal says that they will continue to evaluate the decision as indicated by what’s going on in the country. As I said before this is not an altruistic decision but it’s a decision that’s a good one. The studio can make back a good portion of the cost of a film and entertain the public with something brand new. I know for sure, that Amazon prime will be streaming these films. Given that money is tight at home it’s a great deal for everyone involved. Consumers and studios. They’re charging $19.95 to stream these films. At first glance that might sound like a lot of money. Especially when you can rent movies online from 1.99 to 5.99 each. Here’s the thing. How much does it cost to take a family of four to see a brand new film? Round numbers…. Perhaps an average of $10 a ticket figuring children’s prices along with the adults. In addition the overpriced snacks end up costing another $25 or $30 minimum. To say it costs $75 for a family of four to go to the movies in 2020 might just be an understatement. For the sake of this post let’s say it’s not. Consequently there’s a $35 savings just by staying home and watching these films. All the snacks are in the refrigerator or the pantry. Obviously that saves you from paying $4 for a large soda and five or six dollars for a large popcorn. it’s a really good deal to entertain the family for a couple of hours and more importantly to entertain yourself and forget about life for a while. I was shocked to hear this .I never thought it would happen because it would be precedent-setting but we live in times that are uncharted and sometimes things like this must be done on the fly.

There are also many other things to do that don’t cost money. Things that you’ve been meaning to do for years and just never got around to doing. Psychiatrists and psychologists have been saying that exercise is the key to not being depressed. It also gets you out in the sun for a little while, especially if you take a nice long walk. Pop in your earphones and take a walk around the neighborhood for a half hour. Just keep in mind that we are trying to keep our “social distance from people” and make sure you do that just to be safe. You won’t insult anybody. They want to keep their distance too. There are too many benefits not to engage in this act. Benefit number one is getting out of the house. The next benefit is the walk itself which is exercise. When you’re exercising your body releases chemicals that actually make you feel good. In addition exercise and the vitamin D you’ll get from being out in the sun are major contributors in strengthening your immune system which certainly helps you during a flu pandemic. Try doing this three or four times a week for a half an hour. You’ll be glad you did.

Read a book. Come on, there has to be a book out there that you’ve wanted to read for the longest time but because of your obligations to work, your husband and the kids you haven’t. The time to do it is now. Most ebooks are less than $5 and older titles are free. If you want a new release and you have your heart set on that book, go to Amazon and see if you can find it used. Nothing like getting lost in a fantastic book. I’d recommend reading Stephen King’s, The Stand, but unfortunately it’s about a virus that wipes out most of the world and we don’t want to be reading stuff like that now. Best novel ever written. We’re not in that situation and this is not Armageddon. This situation will pass by midsummer latest.

I hate going back to the TV for a moment but if you want to keep the kids occupied during the day, and yourself at night there’s still no better buy than the $17 a month that Netflix charges you for their service. There’s just so much to watch and their original content is just great. I highly recommend it.

Even as I write this I think to myself it seems very strange to be recommending activities to people when they should be working but we live in a strange time right now. We are in uncharted waters and there’s nobody alive that would remember the Spanish Flu epidemic of 1918. With this virus we just wing it and play it by ear. I do know that during this time when work is closed there are going to be some bills that won’t get paid and the government won’t be able to help us out a whole lot. If that’s your case your problem is with advance fee payday loans, I would highly recommend an Advanced Cash Loan Consolidation. While I’m recommending this I’d also like to recommend that you try our company. Federated Financial has been in business for 23 years it is rated a+ by the BBB our specialty is Advanced fee payday loan consolidation. We’ve been working with  Advanced fee loans for many years now and have a  with great working  relationship with all you’re creditors.99% of the time will be able to work with your particular creditors and we can ensure that in most cases your interest rates will be reduced down to 0% getting you out of debt much more quickly than you could have done on your own. Cash advance loans can be frightening. A great cash advance loan, payday consolidation company can take care of your every need. If you doubt that give us a call right now and speak to one of our accredited counselors and let them show you how to start saving money today. Twenty three years and an A+BBB rating should instill the confidence in you to trust us in consolidating your cash advance payday loans.

15 Mar 2020

Do payday loans get written off by the lender?

Do payday loans get written off by the lender?

It depends on the company. Some creditors are more aggressive in collection efforts then others. I think we all know that from personal experience.I don’t have a crystal ball but my guess would be that a smaller percentage of payday loans get written off then other type loans, simply because collection efforts are more successful with the payday loans.The thing to remember here is that whether they’re written off or not means nothing to you. The reason for this is because if you have the debt, you’re likely the one to get sued and if you can’t pay there could be a judgment issued against you. What do you need to do is  consolidate that payday loan debt at an interest rate that could be up to 700% lower than you’re paying right now. The key is to just get it done, and to change your financial future.

We are not a payday loan company, We consolidate these types of payday loan debts. Helping to reduce our clients payday loan interest rates down to zero percent in most cases, allowing them a chance to get debt free.

Federated Financial has worked hard to ensure that local and on-line communities receive the very best possible level of care and support possible. Our counselors, customer service representatives, and creditor relations specialists are certified as credit counselors by the independent National Institute for Financial Education.

Our goal is to teach payday loan consolidation to consumers everywhere how to understand and manage debt so that they can achieve and maintain financial security. We understand the important monetary issues and challenges life can send your way and we are here to help. Our free community outreach programs, which include public seminars, walk-in clinics, newsletters, and on-line materials, give all of our visitors the ability to understand how credit works; how to overcome financial obstacles; and how to achieve important economic goals.

06 Mar 2020
payday loan consolidation company

Payday Loan Consolidation Perspective with Car Buying

Buying a car is the second biggest purchase we make In our lives. Obviously our homes are the biggest. As a side note before I get to the meat and potatoes I want to share something that I notice all the time about automobiles that makes absolutely zero sense. In my neighborhood I’d say one in ten people, and I am one of them use their garage for their automobile. It’s beyond my ability to comprehend how some people take the second most valuable thing they own and leave it outside when inside their garages they’re storing a bunch of boxes and junk that either belong in the attic or outside for the trash-man to pick up. Just a random thought. To each his own I suppose. So we wake up one morning and decide that the car has been giving us trouble and it’s well out of It’s warranty and costing us money regularly.

The first thought that most people have is let’s go down and look at new cars today. Now there are some situations when that’s a good idea and I’ll get into that in a bit, but first I want to tell you why it’s a bad idea. First part of the equation is to go to a reputable dealership. Best bet Is a local Ford, Chevy, or Chrysler Jeep, store. If you’re looking a bit upscale you know where to go. When I want a new car I really want an almost new car. I’ll give you an example of what I mean. I drive a 2019 mid-sized SUV. It’ll be a year old on May 1st. Today is March 4th so it’s coming up on it’s birthday. Here’s what I did. I kept my mind open. I knew I had choices and those choices were the same class car in either the Chevy, Ford, or Jeep Chrysler brand. You fall in love with Corvettes or Mustangs but when you’re buying an SUV there’s no real halo around any of them. I was looking for a reliable mid-sized SUV. We all know that when we walk onto a car lot the salesman salivate. I want them to have a headache.

I decided from the get-go that I was going to buy something that’s was barely used. In each dealership that I visited I told them I wanted something with less than 5000 miles and I wanted the best price they could give me…. and of course I wanted the latest model. They asked me what I was going to trade in and although I was trading in a four-year-old SUV I told them nothing. I told them I’m not trading. I’m buying. Ford and Chevy had nothing so I drove over to the Jeep store. We looked around and the I finally suggested that we look at the loaners that were coming out of service. Why didn’t the sales person suggests that? Simple answer is that he makes more money on a plain used automobile. I wanted a loner because I wanted something with really low miles. I wanted something that had the balance of its warranty left. The whole reason for getting something new was I was tired of paying for repairs. We went back and forth and he kept asking me about my car and I told him I was keeping it. My point here is never negotiate two cars at the same time. Otherwise they will borrow from Peter to pay Paul and you will get stuck on one end. I asked the salesperson what the rebates were from the manufacturer and he said what rebates?

I told him if he didn’t know about the rebates he needed to ask his boss. The manager replaced him in about five minutes and we were off to the racetrack. He knew what I meant. When an automobile dealership puts out a car that they use as a loaner for a few thousand miles they always receive a manufacturer’s rebate to cover the cost of the discount that they have to give you because the car is technically not new anymore. The car that I chose had every piece of equipment that I wanted but one. Most importantly it had a real six cylinder engine as opposed to a little four that was not turbocharged. I do a lot of parkway driving and the difference in power and torque was huge. The only thing it was missing was a leather interior and I knew that I could have one put in for around $1,000 using Katzkin. Finest custom leather product for just about every car made, and I didn’t have to buy a $5000.00 package to get it!  Here’s the bottom line. The car I liked had an MSRP of $36,000. It had 4800 miles on it all driven by people who borrowed it when their car was being fixed under warranty. Well maintained by the dealer without a scratch ding or dent on the body. We negotiated back and forth and they came down to $23,000. I had a number in mind based on advertisements I had seen on the internet. I wasn’t going to pay a dime over $20,000 for the car. Their final number was $22,000 and at that point I thanked the sales manager for his time and I told him I’d think about it.

I got up to leave and walked out the door.

The salesman followed me out and asked me point-blank, what would it take to make a deal today? I said to him give me your best price. He told me the manager said $19,995 plus tax and tag out the door. That was my number. The MSRP on that car was $36,000 so I was saving $16,000. That came out to 44% off the sticker price. Half the job was done. Now for my non- trade in. We sat down and I asked him how much they would you give me for my car? It was paid off. He seemed kind of taken aback which only meant that I did my job. I fooled them. This was not a long negotiation. I knew the auction prices and I knew exactly what my car was worth at a wholesale auction. I took twenty one thousand for my car and was happy. They will make a couple of thousand dollars on it and it’s okay. I made a great deal for myself but it was because I kept my mind open and I was willing to play the game and walk. I also did my homework! Never fall in love with metal it doesn’t love you back. It cost me $400 more for the tag transfer and I will get money back. No tax as my trade was worth more than the new car. If you’re going to finance and you have decent to good credit get a quote from a couple of lenders before you go shopping. That way you’ll be assured of getting the best rate you can from the dealership. They can’t mess with an educated consumer. If they give you a rate that you’re happy with ask them how many points they’re making on the back end? That will wake them up. Normally when you finance an automobile the dealer will try to markup the interest rates as high as they can by law so they make a nice profit on that too. I always allow them a half a point because everybody needs to eat. Remember that. It is important.

That’s the way to buy a new used car. I bought that car with 32 months and 32000 miles left on the warranty. To me that’s a score. At the beginning of this post I suggested that there are times when buying new, and I mean brand new can be a better deal. All the stars have to align for that to happen. In other words sometimes you can get a super steal deal when buying the last year of an out going model. There are usually GIANT rebates from the manufacturer and the dealer kicks in 99% of their profit. It’s a $100.00 salesman deal and they are happy to get it. Sales bonuses are paid on units moved not gross profit. Study a bit. You’ll know when the time is right. Now if you’re reading this article you might be thinking, why is this something that I’d want to read about on a payday loan blog? The answer is really simple.

All of your finances go together.

To get to a point in life where you can Finance an automobile at that price point and pay the most minimal amount of interest possible on your car loan starts at square one. Get out of debt!!! If you’re on this site you just had a good read and you’re also looking for some payday loan relief. Advance loans destroy financial lives but what they don’t do in most cases is report to the bureau’s. That’s right. Payday lenders usually don’t report outstanding debt to the reporting agencies. If payday loans are your only problem or one of only a few financial problems you have you probably need to take care of them first. They are the easiest debt for a long-established reputable payday loan consolidation company to remediate.

Payday loan collectors bark and growl an awful lot but the bottom line is, if you’re dealing with an established and respected 23 year old company like ours, that prides itself on our A+ rating with the BBB and the hundreds of thousands of people we’ve helped throughout the years you can get out of debt quickly. In most cases we can have your interest rates reduced down to 0% as opposed to the 600 or 700% annually that you might be paying now. We can get you out of debt in a much shorter amount of time then you could if you did it yourself. Paying no interest has the benefit of lowering your monthly payment considerably. Consequently, your payoff time and the hit to your paycheck will be a lot less than it would be if you tried doing it on your own.

In almost no time at all you’ll be able to say to yourself, “one down and a couple more to go and then I will be completely debt-free”. At that point in time, more than likely with some sort of down payment you’ll be able to go out and buy pretty much any kind of car that you want. That’s the way to live and that’s what you want to do when you’re dealing with advance loans. You want to use Federated Financial. We are Simply the Best.

03 Mar 2020
payday loan consolidation company

Just enough time for Payday Loan Consolidation!

Has anyone out there noticed that there’s been a giant increase in the amount of casinos that we see in our neighborhoods over the last 10 years? Well there has been and they are there for a reason.

All of the casinos that I see here in Florida are owned and operated by Native American Tribes. Let’s not confuse a casino with a paramutual location like a dog track. I’m referring to casinos with Vegas table games and real gambling. Some States finally got wise realizing that even though these casinos were open on sovereign Indian ground they’re still subject to taxing and state approval to maintain operation. It was all about getting a piece of the pie and each individual state ended up cutting deals with the Native Americans and everybody makes money that way. That’s a lead in to quite a few interesting subplots. For instance, I think my last sentence probably should have read instead of everybody makes money that way, “that way the state and the tribe make money”. Obviously there’s one missing component in that sentence. If you’ve been reading this article and don’t understand where I’m going with it my suggestion would be to save your time and go read the previous three. I typed that with a smile and I meant no ill intent. It’s just that you’re probably not the type of person who frequents a casino and the rest of this article will probably be boring at the least and certainly not apply to you.

For those of you who stayed and are still reading I can just about definitively assume that you know where I’m going. The missing component, or the one who doesn’t make money is you. So that’s why I’m writing about this today in a Payday Loan Debt Consolidation blog. I’m going to put it out there. Gambling breeds debt. Gambling causes debt and can push people into a position where they might just may well need a payday loan to pay a bill because they “blackjacked” the electric bill away.

There are many reasons that people are attracted to casinos.. The really pretty girls who work there. The implied glamour and status of being a winning player. The thrill of victory, but we all know with the thrill of victory comes the agony of defeat! Or perhaps you’re a fan of the television show Jeopardy. If you are you saw James Holzhauer’s incredible run last year where he made 2.5 million dollars on the show. James is a professional gambler. Lives and works in Vegas and sports betting is his thing. If you watch those shows he used basic poker principles to create situations that were favorable for him to gamble on the questions that he was answering. In addition, he’s a genius and filled with genuine knowledge. You can know all the math in the world but if you can’t answer the questions you can throw all that math out the window. Actual odds, implied odds and his odds on knowing the answer in any one particular category. Some of those numbers are objective and some of them are subjective. Bottom line is if you know the numbers and the math you win more times than not, and when you lose it’s usually the variance, AKA bad luck that get you. I bring James up because he epitomizes the glamour of making his living, and supporting his family in casino. I’m sure if you asked him he would say to him it’s just work. Just a normal guy, who’s actually quite like-able living the dream. A lot of people who sit in casinos today do so because they want to be like James. If you’re one of those people stop it. He’s one in a million. Gambling is a disease. It’s an addiction. and it’s extremely self-destructive.  99.9% of the time it will put you deeply into debt and threaten the the life you have built for yourself. The last thing you want to do is to come home and have to tell your family you need relief from your debt.

There was a movie from back in the early 80s called War Games. It starred Matthew Broderick, Ally Sheedy, and Dabney Coleman. I’m guessing that we’ve all seen it. At the very end of the film the supercomputer in the movie tries to beat itself at tic-tac-toe. It finally comes to the conclusion that it can’t win and the best It could do is tie. It also reasoned, why play if you can’t win. That’s always been my question to people who put themselves deeply in debt and are in need of debt relief. “Why play if you can’t win?” And so I bring you some really interesting statistics. Table games: When you play blackjack you are a 1/2 point underdog to the house. It doesn’t sound like a lot but play a thousand hands and do the math. Besides being a half of a point behind before you start that .5 is a number that only applies to the most skilled players. A more realistic number would be about 2%. That means the house has a 51 to 49% advantage against you. It doesn’t matter how many times you play. Eventually you have to lose. And if you play enough hands over a year’s time you will lose. That’s a fact. If you work hard during the day and live from paycheck to paycheck this will put you deeply into debt. Table games: Baccarat. If you are a skillful player you will win an average of 45% of the time. If your a skillful player you will lose 45% of the time. You will tie approximately 10% of the time. Why would anybody play a game when they can only win 45% of the time? it’s a recipe for losing money and going deeply into debt. Debt equals loans. Loans add up to extra bills. Credit cards, personal loans or in some people’s cases payday loans. We see them all. If you specifically have payday loans we are the most reputable payday loan consolidation company in the country. Give us a call!!  

I’d like to talk about a couple more games before I finish up this article. First the slot machines. People actually win money one in a thousand times they play .I think I need to explain that because people say they win all the time but they really don’t. Winning is walking away with more money than you started with. It’s that simple. So I can pose this question. If you play slots 200 times how many times do you walk away with more money than you started with?

The answer to that question is more than likely 0. The penny slots can be fun if that’s your thing but when you start getting into the more expensive machines the habit becomes expensive. Stay away!!! We don’t want people to create unnecessary debt and have to use our services. There are enough serious reasons in this world to create debt that are unavoidable. That’s where our payday loan consolidation programs come in, and offer you debt relief. Let’s not create debt where there isn’t any.   

So now we’ve spent the afternoon at the casino and I want to talk about one more game. Poker! It is very unique given the fact that it’s the only game you play at a casino where the house is not your opponent. Your play against the other people you’re sitting with. Your table mates are your competition. The house just takes a rake, or their commission before each pot.

Alternatively, If the whole table agrees they can pay the casino every half hour for the time that they are using the table. The casino doesn’t make much. The average rate is $7 a half hour or $14 an hour which would be $126.00. That’s not a lot of money for them to take. Your money is there for your opponents to take. My advice to anybody who walks past the poker room in a casino is to keep walking. Unless you’ve been playing for years and have an immense amount of experience you don’t have any business being at a poker table that’s a no limit game. This is actually something I know a little bit about first hand. I’ve played a few hands in my life. In 2003 a poker Renaissance took place. An accountant from Pennsylvania, Chris Moneymaker, and that’s his real name went on to win the World Series of Poker main event. He won 2.5 million dollars. All of a sudden everybody in the country wanted to play. With the Advent of online poker the players got really good. Being a skillful player involves patience, an even temperament, extraordinary intuition and people reading skills. Did I leave out an extremely advanced knowledge of mathematics? That’s what goes into being good. In addition, as poker has evolved throughout the years the players have gotten better and better. Poker uses something that’s very similar to the analytics that baseball uses. Poker labs around the world are consistently running hand simulations over and over again using different situations that the computer creates, and if you don’t keep up on those statistics you cannot win in a live game at a casino. I’m not talking about a straight two limit game. I’m talking about poker starting with 5/10 games and up. Great players will win over 65% of the time. When they lose they loose to the variance. Poker is a long term plus game. Good and great players WILL make money! Notwithstanding all that, I have seen people sit down at a poker table and lose tens of thousands of dollars in an hour. It just looks so easy. It’s really so damn hard!

So here’s the thing. Life isn’t easy. Sometimes it deals you a pair of kings at the same time it deals your opponent across the table Aces. In other words you’re an 80% underdog at that moment in time with that particular hand and that’s how life works too. People get bad breaks and get into debt. People fall into debt due to health emergencies. People fall into debt for a myriad of reasons. Auto repairs, new air conditioning, kids going back to school. Sometimes their car just dies. Debt is dangerous. It can destroy families. My point here is why tempt fate. I know many people who frequent casinos and have gambling problems.These are people that borrow like crazy because they always think they can make it back. Actually we can help them. We can offer them debt relief through payday loan debt consolidation, along with credit card consolidation too. Consolidating your debt along with understanding that you might have a problem can you keep you out of debt for the rest of your life. I know many people who have signed themselves out of casinos in essence banning themselves from entering the property. Once the camera sees them they are escorted out. Don’t fall into that loan trap, especially the payday loan disaster. Don’t pay 600 or 700% interest while paying your bills. That’s what those payday lenders can and will charge you. We wouldn’t walk in front of a moving car because we can’t survive. That’s a battle we will lose to the car every time. It’s the same thing with gambling. You cannot Gamble and win. You cannot take payday loans and pay the exorbitant interest rates without creating an immense amount of pressure in your life. If you’ve already done that and need payday loan relief give us a call. Our payday loan debt consolidation program has been saving lives and families for 23 years. We are A+ rated with the BBB and have an exceptional track record of service. We are an old staid company that cares.

08 Feb 2020
payday loan companies

Are payday loan companies a new version of organized crime?

Are payday loan companies a new version of the mob? I’ll let you, the reader decide after digesting this post. If you follow this blog you know that 12 million Americans will take a payday loan this year. This is a fact. The question is how are they being asked to pay it back? In a perfect world you would pay your payday loan back according to all the terms including the time frame that was mutually agreed upon by you and the creditor. Unfortunately for the consumer, the enormous interest rate charged by these companies makes it almost impossible to repay the loan that you’ve taken the way it’s supposed to be paid back. What do you do when you don’t have the money to pay back your loan?

Most people call the creditor and try to make arrangements. There are still people that don’t call the creditor and try to dodge the debt. Unfortunately that’s not possible. We have been told by many borrowers that payday loan companies are like pit bulls when it comes to Payday Loan collection. That’s true of many companies in many industries. They want their money back. From what we’ve been told, there are parts of rural America where laws seem to mean nothing. On September 20th 1977, then President Jimmy Carter signed the fair debt collection act into law. This law was written to protect consumers from unscrupulous collectors. Unfortunately, All creditors do not abide by this Federal Law.

Sources tell us that there are many payday loan companies in rural America still knocking on people’s doors asking for money. That there are still people calling and threatening to put borrowers in jail for not paying their loans back on time… There are creditors in the payday loan business that are threatening to take benefits like Social Security from debtors, garnishing these Federal benefits and putting these people in dire Financial circumstances. People need to know what this law is and how it protects them https://ballotpedia.org/Fair_Debt_Collection_Practices_Act

The bottom line is this. You can’t be threatened with many of the things that you are being threatened with. Click on the link above and read the law. Strong-armed mob techniques that went out of style in the 1950s and the 1960s cannot be brought back to collect on payday loans that are delinquent because of the exorbitant interest rates being charged. When you’re in this situation payday loan consolidation can help.

Take a moment and watch our videos. Most of your questions will be answered, and the answer will be in language you will understand. Visit our Question and Answer videos by clicking this link. In the mean time listed below is our Federated Financial Introduction video.

Once you’re ready to eliminate your payday loans, Give us a call or fill out the form. More than likely we can fix the problem that you’re having. Payday loan consolidation absolutely works!