National Payday Relief is a debt relief company that helps consumers with payday loan debt. They specialize in negotiating with creditors and lowering interest rates to help consumers get out of the cycle. Read more nationalpaydayrelief.com
They also offer credit counseling and debt consolidation services as a way to help consumers save money on their bills. They provide a free consultation to prospective clients, and charge a low fee for their services.
Their program is designed to reduce unsecured debt by as much as 50%. This program is available to consumers who have at least $7,500 in unsecured debt and no other debt-relief options left.
Debt Settlement is a method of eliminating high-interest debts, but it can negatively impact your credit score as negotiations take place. While this may be the best option for some people, others will need to consider other alternatives.
The Pros and Cons of Using National Payday Relief for Debt Relief
Mortgage Refinancing is another option, but it involves serious risks and should only be taken with the help of a debt management consultant. This is because your monthly payments will be lower, and the lender will report your payment history to the credit bureaus.
It is important to research the debt relief companies that you are considering before signing up with them. Look for companies that have a good reputation and strong customer reviews, and make sure they can be reached by phone or email easily.
It is also a good idea to make sure they can help you with your current payday loans and not just new ones. Many companies will work with you to settle your current payday loans so that they no longer show up on your credit report.