People get sued everyday. Civil lawsuits that usually have to do with debt. Banks suing credit card customers. Automobile lenders filing suit after repossessing a car to recover their damages. Landlord tenant disputes. I could go on all day. What do you do when you get sued by a Payday lender? Well I know what a lot of people do. The reason I know is because we hear these stories every day from our clients. Most people ignore these lawsuits. They don’t show up in court. Their lender ends up winning a default judgement and the plaintiff  also ends up receiving everything they asked for in their suit.

They can even ask for things that aren’t completely honest and true because not showing up allows the creditor to tell the judge whatever story they choose to tell. Don’t believe for one moment that lawyers don’t lie. In most cases the judge will grant all that’s asked for because there’s nobody representing you and disputing the information from the creditor. In addition, many Judges feel that by not showing up you are disrespecting the court. They stamp these things and then creditors can start looking for, and in some cases garnishing your money and taking your things dependent upon where you live and what the laws are. So here’s the thing. It’s okay to lose a lawsuit. It’s not a death sentence. BUT, sometimes the plaintiff doesn’t have A GOOD CLAIM  to begin with, but you didn’t show up to defend yourself and you lose by default. Here’s what I mean. Payday loan lenders assume that you won’t show up.

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Sometimes, they include language in their contracts that’s in direct contravention to the laws of your state. They include language that would make the contract null and void if only you were there to defend. So many people lose in court because they don’t take the time and spend a few dollars to defend themselves. Many times defense doesn’t pay off, but when it does pay it pays off big time. The whole moral of this story? You get sued get a lawyer. I know lawyers are expensive. Many lawyers will provide you with free consultations and if not perhaps it’ll cost you $200 for an hour to have a lawyer read a contract. That’s all you need. For starters anyway. You might be surprised to find that there is language in your contract that turns that contract into a nullity. Another words you win. If you do lose you do have an out.

Federated Financial is one of the oldest payday loan consolidation companies in the country. We’ve been in business for 23 years. We are rated A+ by the BBB. When searching for payday loan consolidation companies you need to look for longevity. Longevity is the key when dealing with a company like ours. it proves that are successful and we’ve lasted for a long time. In addition, we have long-term lasting relationships with your creditors. Your creditors know who we are and know our reputation and they trust us when we tell them that we’re working with you and that you are going to pay. In most cases these creditors will reduce your interest rate down to 0%. That alone makes your payment way more affordable and gets you out of debt in a much shorter amount of time. There are many companies that consolidate payday loans. I know you want to work with the one that can help you the most. Call us Monday through Friday during normal business hours or simply go to our quick 30 second form on our home page and fill it out. Hit submit and you’ll be called back within the hour. Payday loan consolidation works. We’ve proven that. If you can’t win in court we will help you win anyway. In most cases you can take that to the bank. Remember! Never let a creditor obtain a default judgement against you. It would be a shame to lose when victory would come easily.