Save Money
Reduce Collection Calls
Get Out From Under High Interest
Payday Loans and Cash Advances are heavy financial burdens to millions of Americans. We can help!
These Are Bad Loans!
- The payday loan industry brings in about $50 billion a year.
- The interest on these types of loans is criminal. The lowest interest rates start at around 196% but are close to 400% on average. We’ve seen them as high as 799.99% with online only lenders.
- Odd as it may sound, consumers often get stuck in a vicious cycle of taking out more loans to pay off old ones, mostly due to pressure from the lenders.
- Half of all consumers who borrow from these lenders end up taking out six of these costly loans per year.
- These types of lenders prey on low-income populations. Storefront lenders congregate in areas with higher levels of poverty. It seems as if they’re on every corner. They take advantage of desperate people, lending a small amount of money and raking in 3x the amount or more.
How We Can Help
Debt Relief Help Center has helped thousands of clients resolve these predatory loans, lower their monthly payment, eliminate interest, and save up to 60% of their total debt amount. Schedule a free consultation with one of our Senior Debt Specialists today!