Our Frequently Asked Questions


Is Payday Loan Relief The Same As Debt Consolidation?

Payday Loan Relief and Debt consolidation are not the same. In many cases a payday loan relief program is the way to pay your payday loans at a fraction of the balance, based on what you have paid to the lender already. A debt consolidation program would pay these loans off in full without any questions asked.


At What Point Should I Consider Payday Loan Relief?

You should consider a payday loan relief program when your not able to pay your payday loans. Payday Loan relief would give you back control of your checking account and you can pay your payday loans on your terms vs. not being in control of your finances.


Are There Different Types Of Payday Loan Relief Programs?

There are two different types of payday loan relief programs. One being a debt settlement program which negotiates with your lenders for a faster lower payoff. A Debt consolidation program would pay these loans off in full with the interest given by the lender. In most cases a payday loan settlement program is your best option.


What is Debt Consolidation?

Debt consolidation involves restructuring your existing interest rates with your creditors. We consolidate all your accounts into one convenient monthly payment. (If you are late we can stop the late and over-limit fees). You can read this Wikipedia article on debt consolidation to fully understand what it is.


What are the benefits of Debt Consolidation?

The consolidation process results in lower monthly payments, reduced interest rates, and elimination of over-limit fees and late fees. Moreover, the payoff term is drastically reduced. Interest Rates are lowered in between 6 and 9%!!


How can Credit Counseling secure lower payments for me?

Credit Counseling agencies have established relationships with major creditors across the country, both large and small. Creditors are typically willing to work to facilitate the repayment of money owed by lowering monthly payments and reducing or eliminating an individual’s interest rates and late fees.


Should I consider filing for bankruptcy instead?

Bankruptcy is usually the last resort you should want to take in solving your financial problems. Many individuals aren’t even aware of the consequences this can cause. Bankruptcy will stay on your credit report for at least 7 years. Future creditors more than likely won’t even consider extending credit to someone who has filed bankruptcy. Debt Consolidation is your best and safest alternative if you’re considering bankruptcy.


What type of debt can be consolidated with Debt Consolidation?

All unsecured debts can be successfully consolidated with our Debt Consolidation program. Credit Cards, Department store cards, medical bills, utility bills, unsecured loans, and Payday Loans.


Is Payday Loan Consolidation Legit?

Yes. The utmost important thing with Payday Loan Consolidation is the companies experience in the Debt Consolidation industry by always keeping your best interest first. Majority of Payday loan lending companies are often on Indian Reservations or sovereign land, making it extremely difficult to establish relationships with your lenders and even harder to provide you with Payday loan debt relief. With over 10 years of experience, Solid Ground Financial takes pride in delivering you consistent and efficient help with Payday loans! Check out the this Wikipedia article on Payday loans in the United States.


How do you get out of payday loans?

You can get out of your payday loans almost just as fast as you applied for them. Simply close your checking account** and consolidate your accounts into one comfortable monthly payment. Your lenders will have to be contacted immediately once you start the Payday Loan Consolidation Program. With this program it will give you back control of your checking account and most importantly your piece of mind. Get the Payday Loan Help you deserve.


Does Debt Consolidation hurt your credit?

No, Debt Consolidation does not hurt your credit. Rest assured, you can refer to MyFICO.com which states that credit counseling does not effect your credit nor score in any way. Some Debt Consolidation companies fail to disclose that you should make your minimum payment while enrolled in the program. If these minimum payments aren’t made during the initial setup, it could have negative effects on your credit.


What should I look for in a Debt Consolidation program?

The main thing you should be on the lookout for when in search of a Debt Consolidation program is that they charge no upfront fees and that their online presence can prove their track record. You can find our track record on Trustpilot.com


How do I consolidate my payday loans?

  1. Close Your Checking Account**
  2. Gather Your Statements
  3. Call Us For a quick and easy quote
  4. Go Over Your Budget to make a sensible plan that you are confident in
  5. Return Paperwork to Service Provider to contact lenders
  6. Enjoy stress-free Debt Consolidation help!
  7. For more information check our Payday Loan Relief page

** Do not close account until you have spoken to one of Solid Ground Financial’s representatives. Call 1-877-785-7817 or Apply Online Today!


How much will my new payment be in the program?

The payments are calculated based on the creditor guidelines. Depending on what type of debt it is that will determine your payments. The programs can work with, credit cards, department stores, payday loans, installment loans, student loans and any unsecured debt.


What is the difference between secured and unsecured debt?

The difference between secured and unsecured debt is the following. Secured debt normally has collateral attached to it, which secures the debt. Examples: Your home mortgage. Your car loan, even your motorcycle. These are secured debts. Unsecured debt is a little bit different. Unsecured debt does not have any collateral. Examples: Credit Card Debt, Medical Bills, Department Stores, Signature Loans, Payday Loans, and installment loans. These all just require a credit check and your signature.


How does Payday Loan Consolidation Work?

Payday Loan Consolidation is designed to work with your lenders directly. These lenders will work through the program to consolidate your accounts. The Payday Loan Consolidation Program will consolidate your accounts into one monthly payment, while the program will give you back control of your checking account and paychecks.


Are there any cons to Payday loan Consolidation?

No. Payday Loan Consolidation is a proven method to ease the mental stress of Payday Loan Debt without posing risk to clients. Payday Loan Consolidation Program is back with a 100% guarantee and the Legal Protection Plan for those “just in case” moments. If ANY lender takes you to court you will have legal coverage in your state, county and local courthouse.


When to get help with Payday Loans? 

Once you have one or more payday loans and they are debiting from your account once payday arrives. By starting our reputable payday loan program you would be able to gain control of your banking account as well as your paychecks.


How to get help with Payday Loans?

Always be sure to contact an experienced Payday Loan Consolidation company with proven results in Payday Loan Assistance Programs. Always use a company that has a proven track record and supporting reviews from their clients.


Is Payday Loan assistance the same as Payday Loan Consolidation?

Yes. In essence consolidating your Payday Loans is assisting you with your overall debt without harming your credit.


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