Payday loan debt settlement is a process wherein you pay less than what you owe on pdls. The process is fast and quick. So, you're able to save money within a short span of time.

How much can you save?
Monthly payment you can afford

How to get rid of payday loans in 3 simple steps


Go for payday loan debt settlement:

Here the settlement company will calculate how much you owe and then begin negotiations to drop the outstanding balance to an amount you can afford to pay. The settlement attorneys will help you eliminate payday loans without paying additional interest rates and fees.

Go for payday loan debt consolidation:

Here the payday loan consolidation companies offer you a monthly payment plan that will fit your income level. You'll attain financial freedom once you complete the payment plan. Know more ...

Go for payday loan debt management:

Here the credit counselors explain how to get out of payday loans legally. They'll give you an affordable monthly payment plan after negotiating with your creditors.

Does OVLG offer the best help with payday loans?

Does OVLG offer the best payday loan help to consumers? Does it offer any services in your state? What makes it different from other debt relief companies? Get your answer right now.

Why should you say 'yes' to OVLG

  • 1 Its attorneys know all the pdl laws
  • 2 Attorneys are there to help you in 48 states
  • 3 It allows you to monitor your accounts
  • 4 They know how to get payday loans off your back
  • 5 It is ready to give you a 100% refund if pdls are not paid off
  • 6 Its fee structure is reasonable
Wed Jan, 2018 Review: KD saved $7645.37
Client satisfaction level:
Wed Jan, 2018 Review: KD saved $7645.37
Click here to check the Video Transcript
* Client names have been changed to protect privacy

3 Steps to take before getting payday loan debt relief

1. Know how much you owe:
Make a list of lenders, calculate total interest rate and owed amount before you settle payday loans.

2. Check lender's license:
Thinking about the settlement of cash advance loans? Explore state pdl laws right now to avoid scams.

3. Cancel ACH authorization:
This would prevent (both legal and illegal) pdl lenders from making your bank account empty.

What is the worst way to eliminate payday loan debt?

It is bankruptcy since it drops your credit score by 200 points and more

What is the best way to get real payday loan relief?

Don't apply for payday loans since they make you financially weak. If you've taken out a loan, then plan for settlement of advance loans.

Why do people need help with payday loans?

This is mainly because of the high-interest rates. The interest rates can go up to 500% also.

Where should you report about payday loan scam?
  • The CFPB
  • State Attorney General
  • The FTC

Do you know that pdls are not legal in every state of the country? Do you know that you can potentially save more on illegal payday loans? Have you ever gone through your state payday loan laws? If not, then do it right now to save your wallet.

State payday loan laws

Are you buried in payday loan debt? Are you struggling to get out? If ‘yes’, then you are gonna feel really good after watching this video because in the next 60 seconds we are gonna tell you how to settle your payday loan debts in a few simple steps (pause)
But before we discuss how to settle payday loans, we should discuss why we should settle. Now the most important reason to settle your payday loan debt is, it is able to save you a ton of money. It waives off late fees, it cuts down the payoff amount which is a big relief. Not only that, settling your payday loan debts will help you avoid lawsuits.
Now, the question that comes to mind is that when should we go for payday loan settlement?
Usually, payday loan settlement works best when you want to get out of debt, escape high APRs or avoid getting sued. (pause) For example, because of payday loan debt one of our clients was on the verge of being sued by NAM LLC. Immediately, she enrolled in the OVLG’s program and got a really good deal within 48 hours. Now, let’s take a quick look at what she has to say about her experience.
*Client KL* - “Hi, my name is Kristen leigh. I have been with Oak view Law Group for almost a year, in December its gonna be a year. I have a lot of issues with MoneyKey and they hired someone NAM LLC who basically told me they are gonna sue me and harass me, and tell me I needed to make a payment by Thursday in order to avoid being sued and taking to court for fraud. A lot of stress has happened with that and in the last 24-48 hours, Paul, Tracy, Steve have all worked really hard to get them to sort that out. They have got a really good deal. I am eternally grateful for that. I would have been dying with lots of more stress had I not had Oak View Law and Paul and Steve and Tracy working with that. So I just wanted to shout out to them and let them know that I really appreciate their work and they need to keep doing what they do…”
If you’re going through these situations, then it’s time to learn about settling payday loans. (pause)
Settling your payday loans is an easy process with a few simple steps. First, you need to list your payday loans and calculate the total amount you owe. Then, you should contact a good law firm to settle your payday loans legally. Next, stop sending payments to creditors and start saving money in a trust account. Once the deal is finalised, pay the negotiated amount and you are debt free.

Payday loan settlement companies – How to pick the best one

  • 1 Check if the settlement company has an affordable fee structure.
  • 2 Find out if they are affiliated with TASC
  • 3 Ask if you'll get a refund if they can't help you pay off payday loans
  • 4 Ask how they intend to give you payday loan relief
  • 5 Find out if they have good industry experience

Why it is bad to get out of payday loan debt on your own

  • 1 You may not know which lenders are legal or illegal
  • 2 You may not have what it takes to settle pdls
  • 3 You don't know how to negotiate with lenders
  • 4 You don't know the collection and state pdl laws
  • 5 Payday loan settlement companies have better terms with lenders

Last Updated on: Tue, 18 Aug 2020