We are more than willing in helping you end that debt cycle that has weighed you down for so long.
Payday loan help online and consolidation
Almost all payday loan lenders charge a high interest rate ranging from 352 to about 391 %. This is a very high rate of interest and it usually affects those who aren’t capable of paying the loan on time.
Failure to pay the loan at the required time continues to attract more interest which might make you start thinking about borrowing from other sources to curb your payday loan debt.
This eventually puts you in a cycle of debt.
However, Encompass Recovery Group has come to you bearing some good news.
Even if we have some kind of involvement with various payday loan lenders who might be willing to reduce payments that are required to pay back your loan and reduce your interest rates, we strongly feel that our counseling will greatly help you in stopping your over-reliance on payday loans.
We are about to explain to you;
- The dangers that come as a result of relying on payday loans
- The means to avoid them in the nearby future
- Who you owe and how we can help you pay back your online payday loan or any other debt..
We can help you break the cycle of payday loan borrowing online
Consumer Credit Counselling, which is a debt reduction service, does the role of bridging you as the consumer with your debts.
We usually offer you credit counseling schedules that are usually not paid for. They will assist you in making the right direction to paying your online payday loan debt. We are a widely known firm and we have helped uncountable individuals and we have also helped them in paying uncountable millions of money of consumer debt.
All of our Credit counselors are skilled and experts at this work and therefore you should not fear when coming for help from us.
They are very much dedicated to assisting you to become a debt-free individual.
Feel free to call us any time at our Encompass recovery group.
Other services that we provide
- debt consolidation programs online
- Credit card debt relief
- Debt collection help
- Medical debt relief
- Student loan debt counseling
- Free personal finance education
Statistics resulting from payday loan borrowing
After fully concentrated research was done, the facts and figures below were drawn from payday loan borrowing.
The numbers prove that almost all individuals with payday loans require assistance in order to settle their payday loans debts.
- Almost sixty percent of the individuals are facing difficulties while paying their monthly expenses.
- Almost eighty percent of the loan borrowers take out eleven or more payday loans in a calendar year.
- Seven out of ten individuals usually use payday loans for urgent cases.
Reach out now
If you are out there and need any help with debt, Encompass recovery group is right here for you.
Do you want to be free of a payday loan burden? Call us right now and plan an appointment with us which will see you say goodbye to payday loans and restore your financial status.
References and resources
The Consumer Debt Crisis: A Vicious Circle Of Finances, Stress, And Health