• Debt settlement
• Debt management
• Relief from collection abuse
• Consumer bankruptcy

Our company provides payday loan debt relief in these ways:

1. Once you enroll for a debt relief credit counseling session, attorney Lyle Solomon's assistant will explain the payday loan consolidation process, the fee structure, and the No Questions Asked Refund Policy.
2. We will also address any questions you may have. When you feel comfortable moving forward, you will enroll in a debt consolidation program as a client.
3. The assistant will collect certain information needed to start the payday loan consolidation process. This will include: your name, the lender's name, the date the loan was taken out, the loan's terms, the method of payment, the amount you’ve paid so far, and the loan's outstanding balance.
4. The assistant whom Mr. Solomon assigns your case will analyze your debt and verify your loans are legal.
5. If you owe legal payday loans, we will determine the maximum interest you need to pay. And if you owe illegal loans, you will need to pay only the principal amount.

If you want to repay your debts yourself, instead of using the services of a consolidation company, there are other options to consolidate debt. You can take out a personal loan (a debt consolidation loan) with which you repay the outstanding balance on your existing credit cards and other unsecured debt. In this way, you consolidate your current payday loans with one consolidation loan.

A personal loan is usually of a lower interest rate than that of short-term loans. The creditor will check your creditworthiness. You can obtain a loan at a relatively lower interest rate if your financial and credit situation is good. The annual percentage rate for payday loans can even go up to 521%. The repayment terms and conditions of consolidation loans are also relatively better. You will have to make fixed payments every month to pay back the new debt consolidation loan.

We can help you settle your payday loans if you cannot repay your loans in full. Through the settlement, you can get rid of your unsecured debts fast.

These loans are high-interest short-term loans designed to be paid back with your next paycheck. Usually, the total amount of the loan becomes due within two to three weeks after the loan is issued. Most people make a partial payment and then take out a new payday loan to pay back the existing balance. Thus, they get into the payday loan trap, and it becomes difficult to eliminate such loans and get financial relief.

Unfortunately, even the most responsible payday loan borrowers face a situation where they can’t pay back the outstanding amount on the due date. They cannot even secure a new loan to cover the difference.

If you can't pay on time, you may start receiving calls from debt collectors. And your outstanding balance will skyrocket due to the very high-interest rates typical to almost all payday loans.

An EPP will help you pay off the outstanding balance on your payday loans, usually in four equal installments, without added fees or interest.
Under an EPP, if your payday loan company is a member of the Community Financial Services Association of America (CFSA), they can't:

• Compel you to repay the loans
• Threaten or force you to make immediate payments
• Charge you additional fees for this option. In addition, they will be required to give you your next four paydays to repay them

If you have taken a loan from a CFSA member, then you can ask for an EPP. After you submit your application, you’ll get a new statement detailing your modified loan agreement. The terms will indicate the amount of the four equal payments you will need to make over the next four paydays. There will be no new fees or interest charged for these new terms.

You can make payments in cash, or you can use the ACH debit option to have the payments withdrawn automatically from your account on payday. Once you have set up the EPP, you need to inform the lender. Most lenders won’t allow you to change the payment method after you have signed the new agreement.