Payday Loan Relief: Get Help Now

Payday loan relief is the process of consolidating high-interest short-term loan balances using one lower monthly payment.

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Best Payday Loan Relief Plan

At Solid Ground Financial, With over 15 Years of experiance our priority is to get you out of debt, eliminate payday loans and to make all of your Payday Loan Consolidation needs a hassle-free experience and process.

Regardless of your credit score, our Payday Loan Consolidation program will give you control of your bank account and put you back in the Driver’s seat with your finances. 

Solid Ground Financials’ team of professionals is trained to design a payment plan that not only makes you feel comfortable, but also can fast track your Payday Loan Relief program in the shortest amount of time. Our programs are designed based on your budget, not your credit score!

Keeping you informed throughout the process, our mission is to get you out of debt and to teach you how to pay off your payday loans through the debt consolidation program. regardless of your situation, you can benefit from our Payday Loan Consolidation Program.

Do You Feel Trapped in Debt?
Our Debt Consolidation Company Can Help

Payday Loan Consolidation Help
The payday loan cycle is a terrible thing to be involved in. Unfortunately, so many people find themselves trapped under the burden of lenders and payday loans. This feeling of helplessness is one that is common, as there are few payday loan relief programs or debt relief companies that actually help applicants break out of the debt cycle.
At Solid Ground, we offer our help to eliminate payday loans and to improve your financial situation without any additional fee or minimum amount to the lender is what Solid Ground Financial offers. Our well-designed, comprehensive payday loan consolidation program is one you can take advantage of, no matter your financial situation, to help you take back your financial freedom.
If you are a payday loan customer and feeling debt trapped, this is a sure way to restart your journey to achieving your financial dreams. No matter your credit score, we can establish an effective program for you to help with payday loan debt, all while saving you money.

The Problem with Payday Loans

Falling into debt is something that so many Americans become victim to everyday. Because there are so many lenders offering cash advances or high-interest loans, payday loan borrowers are willing to take out quick loans as an easy source of emergency funds. Most payday loans must be paid back within two weeks. However, if you do not have enough money to pay it back, long-term, high interest loans can then become a debt problem, as you might end up owing more than you borrowed after a relatively short time.
That’s why it’s very important, before you have applied for a loan, to know the type of loan you are getting. Going over specifics of the loan, such as the annual percentage rate, loan term, and the total amount paid, even if you rollover the loan multiple times, would be in your best interests to find the lowest interest rate possible before you make your final decision.
The high interest rates and billing cycle quickly consumes most people in so deep that they need special payday loan debt assistance to get back to good financial standing. If you find yourself in this situation, you don’t need to go bankrupt to get out of debt, there is a way out for you. We are here for you as one of the leading Debt Relief Companies in the industry.
Depending on which payday lender you’re owing, Solid Ground Financial is able to offer help with payday loan debt consolidation plan to help you settle your outstanding debts.

How Do Payday Loans Work Across the United States?

A payday loan, sometimes known as a short-term loan, is where you borrow money from a lender to pay with your next paycheck. While this might sound interesting for many people, these loans aren’t for the faint-hearted. They come with high-interest rates, and repayment can prove challenging or costly if you aren’t careful.

Payday loans don’t work the same as consumer or personal loans. Depending on your State, you can get a short-term loan through a physical branch or an online lender. Different states have regulations on how these loans should operate, while others prohibit them. However, it’s not uncommon to find online lenders ignoring the available rules.

Once approved for this type of loan, you receive a check, cash, or money deposit into your bank account. The lender requires you to pay the money plus accrued interest during your next paycheck or within 14 days.

Payday loans can be a great way to solve your immediate financial issues. However, you must understand your unique circumstance and the potential implications before securing the cash. Approval is straightforward with many lenders, and most may not require a credit check or collateral when lending.

While such terms attract many potential borrowers, most aren’t aware of the immediate financial implications. The industry has been imposing unfriendly terms, with interest rates skyrocketing annually. Generally, rates are over 200% and can go as high as 700 APR.

How Does Interest Reduction Programs Work?

When you want to get out of the payday loan cycle, Solid Ground Financial can help. Here’s how our process works:

  • We reach out to your lenders to inform them you’ve joined a Special Repayment Program
  • Your monthly payments get distributed to your creditors at a highly minimized interest rate. This doesn’t impact your credit score.
  • Our program helps you settle the loan much faster without incurring a 200%-700% APR.

Help For your Payday Loans

Solid Ground Financial aims to help settle your payday loan with a proven consolidation plan. We’re a reputable company and have worked with many borrowers in consolidating their short-term loans. You don’t have to wait until your loan interest rate reaches 700% APR. Contact us today, and we’ll evaluate your situation to ensure we provide the best available option.

Here are 3 disadvantages of taking payday loans:

Payday loans are expensive:

When you compare the cost of a loan you received from a payday lender to what similar financial institutions will give you, you will find that you are repaying over 10 times more than normal in some cases. Taking a payday loan of even $100 can quickly snowball into a debt of $1000 with interest rates as high as 600% in some cases.

Payday loans are a Band-Aid financial solution:

If your source of financial relief is a payday loan, there is a strong chance that you are not in a good place financially. While the inflow of cash will help you to solve immediate financial problems, you will most likely end up needing help with payday loan debt relief after a while.

Payday lenders are crooked:

You really cannot trust the average payday loan company because they tack on so many hidden charges that it becomes difficult to know exactly how much you are paying back. Some payday lenders even make it difficult for you to get a payday loan settlement when you’re indebted to them. If a payday lender makes you uncomfortable or you’ve heard bad reviews about them, your best choice is to stay away. We would advise to speak to a debt attorney and sign up for a credit counselling session if you have a collection agency on your back.

Eliminate Payday Loans With A Debt Consolidation Program

A debt settlement is a process in which a debtor gets in touch with a financial services company to help eliminate all outstanding payday loans with each payday lender to reduce the loan balance.
Usually, this happens with the company helping the borrower to create an account where a small monthly payment can be made to settle pending payday loans.
A debt consolidation service is better equipped to help with payday loan debt and making sure that an affordable monthly payment can be reached towards settling that loan.
A consolidation program is one of the best ways that most people are able to find their way to get out of payday loans.
Solid Ground Financial retains a group of financial professionals who are well equipped to analyze your situation and prepare a comprehensive financial plan that will resurrect your financial life.
The debt management program works by allowing you to put all your outstanding payday loans into a single monthly payment that you can easily pay based on your budget.
This helps to reduce the interests and late fees by up to 600%. This means that instead of dealing with several payday lenders, you only need to worry about one affordable payment each month in order to become debt-free over time.
Solid Ground Financial’s payday loan consolidation plan will help you to steer clear of increasing interest rates, late fees, and other payday loan charges that keep your debts rising and your credit score dropping. We will work a settlement with your creditors that will lead to a significant reduction in the interest rates you are paying and help get your financial life back on track, while also reducing your repayment period.

4 Advantages of getting a payday loan consolidation
plan from Solid Ground Financial

EPP of debt:

Because you no longer have to worry about multiple payday loans, it’s easy to remember one single payment to make every month from your paycheck. You will never have to consider taking out a new loan just to cover your payments. One affordable payment after payday loan debt consolidation is all you need to reclaim your financial freedom.

Reduce collection calls:

Because we have a simple payment structure set up to help with payday loans, you no longer have to worry about annoying collection calls that aggravate you and serve as a constant reminder of your financial failings. Our payday loan consolidation plan helps you to focus on the important things once again.

Reduced monthly payments:

Our Fast Track Debt Relief plan helps to eliminate the compounding effect of exorbitant interest rates that payday loans come with to keep you more indebted. Removing these interest rates means you no longer have to drown under the debt burden of late payments.

Psychological benefits:

Knowing that you are on a debt management plan that will ultimately keep you out of debt helps you to remain calm. It reduces the emotional and psychological stress that being in debt causes. Having help with payday loans with a qualified debt management company allows you to focus on your financial future with some hope.

Solid Ground Financial is one of the best payday loan settlement providers and debt relief companies.

Our payday loan consolidation plan is put together by experienced financial consultants to fast track your debt relief and help you get your financial future back on track, moving away from payday loan repayment to important financial goals like purchasing a car, hosting a wedding, or anything else you want. The payday loan consolidation program has been tested and trusted over the years with proven results with many clients.
Our process is designed to help you consolidate all your payday loans debt into a simple process that requires less than three years to reduce your payday loans. No matter your financial situation, becoming debt-free is no longer impossible.
At Solid Ground Financial, our mission is to help you gain access to trusted debt counselors that will put together a comprehensive, personalized financial plan for you. We also provide you with in-depth financial guidelines that will guide you out of debts and onto the path to financial independence.
Each of our clients at Solid Ground Financial is provided with a repayment plan that will take their profile into consideration instead of a one-size-fits-all approach that other companies take. Our payday loan relief program is a sure way to become debt-free and to fast track debt relief in a short time with a single monthly payment – without the hassle of exorbitant multiple payments and other uncertainties that are associated with payday loans.
We also provide you a 100% guarantee that our Payday Loan Consolidation program will get you out of debt, otherwise, you will be refunded in full. This means that you have absolutely nothing to lose and everything to gain by working with us to eliminate your payday loans debt. We will help you to understand your financial situation and know what it takes to get out of debt and stay free from it.

Speak With A Professional

What’s the first step with dealing with your payday loan consolidation company? When it comes to payday loan lenders things may get confusing. There can be many differences when it comes to credit card debt, payday loan debt, and fixed loans. Being knowledgeable on what separates the three can not only educate you as the borrower, but can also enhance your overall experience with debt consolidation.
The most common of debt is credit card debt. Oftentimes not following a strategic budget can land you needing a personal loan that may not be the easiest to come out of. Most creditors prey on their borrowers with hidden fees that become overwhelming and with high interest rates that weren’t made known when they applied for a loan.

What Is Credit Card Debt

Credit card debt is normally a credit line that you have a limit to spend. You will make monthly payments on credit cards until the balance is paid in full. You can have multiple cards through the same EPP (Electronic Payment Processing), which means one bank can represent multiple companies that we shop with everyday. Your credit score is very important when these cards are issued. They will study your credit history and qualify you based on your history. Lower interest rates are the best product when it comes to which one. Carrying balances on your credit cards is how they calculate your interest each month.
When it comes to payday loan help you want to be represented by a trusted debt consolidation company or debt relief company.
The Consumer Financial Protection Bureau, (also known as the CFPB) along with the Federal Trade Commission (FTC), have been researching ways to regulate payday loan lenders. The main concern when it comes to the CFPB is the location of Payday Loan Lenders and installment loan lenders. Most of the time these cash advance stores are located on Indian reservations.
The types of loans the program finds most success with are unsecured debts, short-term loans, unsecured loans, personal loans, cash advances, and consolidation loans. If you would like a credit report, we can assist you in acquiring one. A few loans that we specifically do not work with are car loans, mortgage loans, credit unions, utility bills, or any other types of loans with collateral.
We understand the struggle that comes ahead of each pay period when your checking account balances are running low. With our help to eliminate payday loans, we can help you repay your principal amount while being able to comfortably pay your interest. Having monthly installments during your debt consolidation program can help with the amount of money you are able to save in your bank account. With our payday loan consolidation service you will have the option in paying bi weekly with a debt counselor by your side, that will be able to help you gain control of your finances.
Regardless of your credit score we can assist in lowering your monthly payments. Speak with a debt counselor and or credit counselor today. When choosing a debt settlement company.
Debt consolidation and payday loan debt help is always the first place to look and a great option for a lower monthly payment. We can combine all your debt into one single monthly payment. No matter the kind of debt. We can work with personal loans, collection agencies, debt collectors, and payday loan lenders, including online and storefront loans.
Most times lenders do not make sure borrowers have the sufficient income to be approved for the loan. They base it on your paycheck.

6 Things to consider when you apply for a payday loan

You probably wonder how you got here in the first place. You just needed to apply for a loan until your payday. You couldn’t get approved for that personal loan at your bank. With our loan consolidation program, there is no minimum loan amount required for our financial products. We just need your loan total and type of loan you have. We even work with personal loans.
When applying for an EPP (Extended payment plan) we have a wide array of financial products to offer you. We’re not just a debt settlement company. We do not offer free credit scores. We offer the borrower relief from personal loans, also known as cash advances. We service most of the United States, except PA.
Depending on the type of consolidation loan, installment loan, or the types of debt you currently have on your credit report, we can figure the best option for your payday loan debt assistance needs. Our consolidators are also friendly, approachable and easy to work with, providing you with honest and educated opinions and financial advice to help you get the best solution to your payday loan settlement.
Whether you have bad credit or didn’t have much money on your payday for emergencies, we’re going to save you as much money as possible.

What Are the Benefits of Payday Loan Consolidation?

Payday loan consolidation enables consumers to get ahead on their debts, breaking the cycle of paying off and getting new payday loans. With payday loan consolidation, it is possible to combine all debts into a single, and often more affordable, monthly payment.

The direct result of this is money saved with lower interest rates.

Consider this for those who are unsure if payday loan relief is the right decision for them. If you continue to make payments as you are right now, when will you be able to pay off the debt realistically? The longer it takes, the higher the cost of borrowing and using that money. However, with payday loan consolidation, you create an exit plan, a way to pay off these debts for good so you can start to build financial freedom.

Every situation is different. However, many people who utilize payday loan relief like this find themselves able to reduce their monthly installment payments as well. For those looking to pay less each month, consolidating numerous payday loans into one could reduce how much you have to pay each month. That can help to free up your budget. It also means you may be able to apply more to your debt and, over time, potentially pay it off sooner.

The benefits of payday loan consolidation could include the following:

  • Paying less each month
  • Paying less overall for your borrowed funds
  • Lowering your interest rate
  • Getting out of debt in the long term (and sometimes the short term)
  • Getting lenders off your back for good

Not investing in a change like this could be costly. For many consumers, continuing the cycle of payday loans leads to bankruptcy, frustration, and long-term financial distress.

If I Consolidate My Payday Loans, Will My Credit Improve?

The process of consolidating payday loans creates financial relief for many people. The act of consolidating does not automatically improve your credit score. However, it may give you the tools and insights you need to work on improving your credit.

Here’s how that may happen.

  • You consolidate your debts into one payment.
  • Your monthly payment is now lower than what you were paying.
  • You can apply more money each month towards your debt, paying it off sooner.
  • That could help you pay down other debt as well, including credit cards you may have.
  • With consistent payments of your credit-reporting debts, you could create a better history of on-time payments. That could improve your credit score.

More so, when you consolidate payday loans, you stop having to pay the ongoing fee for renewing those loans many times over. That money can then be applied to your other debts as well.

If you continue to maintain payday loans, on the other hand, you could end up paying significantly more, hindering your ability to work on rebuilding your credit.

Be honest with yourself about your financial situation. If you did not have to make endless payday loan payments, could you pay down other debt? Maybe you could pay more of your bills on time with a lower monthly payment. All of these things can contribute to improving a credit score over time.

What Is the Cost of Maintaining Long-Term Payday Loans?

Sometimes instead of just looking at what benefits could come from using a payday loan consolidation opportunity, it helps to see what the cost of continuing to pay on payday loans will do to your budget.

Every time you renew your payday loan, the balance owed grows. Each time you do that, you are paying an excessive amount of money just to borrow money to pay off a previous loan. While an initial $20 fee may not seem like a big deal, months down the line, that’s much more when you add up all the fees you’ve paid.

If you continue on this path, how much money could you end up paying in just interest and fees? That could be thousands of dollars. Yet, if you could hold onto that money instead and perhaps put it into an emergency fund, you may be able to avoid having to use payday loans at all in the future.

Then, consider the lost opportunities that often come with maintaining payday loans month after month. For some, it could mean damaging your credit due to late payments on other debts. You may find yourself unable to buy the things you want or need because of this debt. More of your paycheck each month gets caught up in these debts, growing what you owe and putting yourself further away from your financial goals.

Payday loan relief can help you. In many situations, it is the best way to see a change in your financial future.

Consider the Advantages of Getting Payday Loan Relief Now

Should I consolidate my payday loans? Should I keep trying to pay them back?

There are a number of benefits to seeking payday loan relief right now instead of waiting another few weeks to make changes. The sooner you act, the sooner you can see benefits such as:

  • Creating a plan to get out of debt (and that means a plan you can put into action today)
  • Reducing what you owe in the long term by eliminating the ongoing application of new fees and interest
  • Improve your ability to budget accurately, for your needs, including putting money into savings
  • Stop creditors from calling – right away
  • Be able to sleep at night knowing you have a plan for getting out of debt

The longer you wait, the more expensive the debt gets. It also becomes more frustrating and overwhelming. Consider how it is impacting your relationships, mental health in general, and your ability to put money aside for retirement. The sooner you act to consolidate payday loans, the easier it may be to get out.

How to Succeed with Payday Loan Relief

Making the decision to get help for your payday loans is the first step on the path to financial freedom. For many people, this is a big and worrisome step because they do not know what to expect. Working with a debt consolidation service like Solid Ground Financial means you will have a clear path forward, where you know exactly what to pay, how to pay it, and how you’ll be debt free.

How can you ensure that payday loan relief works for you? Here are some simple things to do once you get started with payday loan consolidation.

Create a Budget and Stick to It

Making a decision to create financial health for yourself by establishing a budget. Make sure it is a cash-based budget that allows you to prioritize the most important purchases first. That includes paying your rent or mortgage, your utilities, and food for your family. Then, work to build out your budget to include repayment of your debt. Aim to stick to this plan.

Recognize the Hard Work

It takes a lot of hard work to get out of debt. Be sure you think about this as you make your debt payments. You are doing what you can to better your future. While it may seem tough, it’s an amazing feeling to have your debt paid off so you don’t have to worry every time the phone rings.

Work to Establish Your Financial Goals

With payday loan relief, you finally have the ability to start building financial health. You’ll work with a counselor to get started. Yet, you can go further with this. Consider creating an emergency fund and working to put aside $1,000 in it. Then, work to put aside three- to six months of living expenses in a savings account.

It’s possible to create financial plans like this because you’re finally getting out of payday loan debt. What could that mean for your future?

Frequently Asked Questions

Yes! If you are suffering from high-interest rates, or looking to make smaller payments payday loan consolidation is for you.
By simply applying. When committing to the decision of freeing yourself from debt, everything from there works towards you becoming stress-free. Once you have chosen the payday loan consolidation company, you will be assigned an agent who’s sole purpose is to save you money and get you out of debt. By providing key information to move forward, including the debt amount you will be well on your way to financial freedom and a monthly payment you can be satisfied with.
Before moving forward with a Payday Loan consolidation company be sure to check for a few things first. Make sure you carefully review your state’s laws when it comes to payday loans. That way, when discussing your options you can be fully aware of the terms the state requires. Check online reviews and testimonials either on the company’s website or through a third party similar to TrustPilot. When reviewing your options always check to see that the company you are considering has a physical address that you can validate.
There are many benefits that come with payday loan consolidation. One of the biggest ones being, reducing your interest rates, combining ALL of your debt into one affordable monthly payment, and best of all ridding yourself of the pesky lender calls you to find yourself denying on a daily basis. Not to mention that the total amount you owe as well as your monthly installments can be significantly reduced.