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Payday loans are one of the most expensive ways to borrow. In exchange for fast funds, borrowers accept high fees — sometimes translating to triple-digit APR — that can quickly trap someone in a cycle of repeat borrowing. But here's the good news: You have ways out that don't depend on taking another high-cost loan. Accredited Debt Relief's program is built around what you can afford each month — not your credit score and not another round of borrowing. Because debt relief targets your balance, not your interest rate, it can help people with significant unsecured debt become free in as little as 24 to 48 months.
Accredited Debt Relief evaluates people in all 50 states for debt relief or consolidation loan options, with a minimum of $5,000 in unsecured debt required to enroll. Our program rolls eligible balances into one lower monthly payment, with no upfront fees and 1:1 support from IAPDA-certified debt specialists.
Get a Free Consultation — no pressure, no obligation, won't affect your credit score.
A payday loan is a small, short-term loan meant to cover expenses until your next paycheck, typically due on your next payday, along with a fixed fee.
The fee is what makes these loans so expensive. According to the Consumer Financial Protection Bureau, a typical two-week payday loan with a $15 fee per $100 borrowed equals an annual percentage rate of almost 400%. By comparison, the CFPB notes that credit card APRs generally run from about 12% to about 30%.
Payday loans are designed to be repaid fast, but many people can't cover the full balance plus the fee in a single pay period. When that happens, the loan often gets renewed, and a new fee is added each time. $15 might not sound like much in the grand scheme of things, but it's common for people to lean on payday loans to catch up on other kinds of debts, keeping them coming back again and again.
No matter whether you think of it in terms of interest or fees, the outcomes are the same: If you can't repay the initial loan, and borrow again to clear it, you're headed down an expensive path.
The data shows how common this is:
If you've renewed a payday loan more than once, you're not careless and you're not alone — the structure of the product makes the cycle tough to break. And if even the fees have become hard to keep up with, that's exactly the situation our debt relief program is designed to address.
| Debt Relief Program | Debt Consolidation Loan | |
|---|---|---|
| How it works | Eligible balances are rolled into one lower monthly payment | New loan pays off existing debts; you repay the loan over time |
| Credit check required? | No — checking your options doesn't affect your credit | Yes — approval and rate depend on your credit |
| Reduces what you owe? | Yes — your total debt owed is reduced | No — you owe the full loan amount plus interest |
| Typical timeline | 24 to 48 months | 4 to 84 months, depending on the loan |
| Average monthly savings | $480 a month on average on eligible enrolled debts | Varies by rate and term |
| Minimum to start | $5,000 in unsecured debt | Lender-dependent |
| Best for | People whose minimum payments are already unaffordable | People with strong credit who can comfortably afford the new payment |
Our debt relief program is designed to be an affordable and accessible solution for unsecured debt, including payday loans, credit cards, personal loans and medical debts.
Consolidation loans target your debt's interest rates, while a debt relief program works in the opposite direction — it targets the balance itself, which is what sets it apart from borrowing your way out of debt.
Getting started takes four simple steps and begins with a free consultation.
1. Free Consultation — You'll speak with an IAPDA-certified debt specialist who reviews your debt, income and monthly obligations. This won't affect your credit score.
2. Personalized Program — Your specialist builds a customized program around what you can actually afford each month, with a target graduation date.
3. One Monthly Deposit — Instead of juggling multiple payments, you make a single payment into a dedicated account.
4. Debt-Free in 24 to 48 Months — Because the program targets your balance, not your interest rate, you can get free from debt faster and for less.
The program is best for people with significant unsecured debts, like payday loans, credit cards, personal loans and medical debts.
The minimum amount of debt required to enroll in the program is $5,000, and Accredited Debt Relief can evaluate people in all 50 states. Your free consultation confirms which of your specific balances are eligible.
Accredited Debt Relief has helped people work toward becoming debt-free since 2011 — more than 15 years — with award-winning customer care at the center of the experience. The company has helped more than 1.3 million clients and resolved more than $15 billion in debt, backed by an A+ rating with the Better Business Bureau.
That track record has earned recognition from independent reviewers. CBS News MoneyWatch named Accredited Debt Relief Best for Customer Satisfaction in its February 2026 roundup of top debt relief companies, and Bankrate named Accredited Debt Relief Best for Customer Satisfaction in its 2026 debt consolidation company rankings. The company also carries strong consumer ratings across major review platforms — 4.9 with the Better Business Bureau, 4.8 on Trustpilot and 4.8 on Google, according to a June 2026 Money review.
Our organization has also been recognized repeatedly for exceptional client support, recently earning two 2026 Gold Stevie Awards, including Customer Service Department of the Year for the second straight year, plus Best in Biz honors, Business Intelligence Group recognition and three ConsumerAffairs Buyer's Choice Awards. Clients also have access to financial wellness tools, group financial therapy sessions with Certified Financial Therapists and a private online community.
Every specialist is certified through the International Association of Professional Debt Arbitrators, and all staff benefit from guidance by AFCPE-trained trainers. We're also proud to be a member of the Association for Consumer Debt Relief (ACDR).
But what means most to us is that our clients leave in a better place than when they enrolled: In a survey of over 10,000 Accredited Debt Relief graduates, 92% said their program payments were affordable. Graduates also reported a 42% average improvement in their financial habits, with self-rated habits climbing from 5.7 to 8.1 out of 10 after graduation. In the same survey, 8 in 10 graduates said they would recommend Accredited Debt Relief to a friend struggling with debt.
The right path depends on the type of debt you have, your income and ability to pay, and how urgently you need to resolve it. During your free consultation, an Accredited Debt Relief certified debt specialist will review your debt, income and monthly obligations and provide a personalized savings estimate. The consultation is free, no-judgment and won't affect your credit score.
Common questions about getting out of payday loan debt — answered directly and without jargon.
Can You Consolidate Payday Loan Debt?
Yes. Payday loan debt is unsecured debt, and a debt relief program can roll eligible balances into one lower monthly payment built around what you can afford rather than your credit score. Accredited Debt Relief evaluates people in all 50 states for debt relief or consolidation loan options, with a minimum of $5,000 in unsecured debt to enroll. A free consultation confirms which of your balances are eligible.
How Do You Get Out of the Payday Loan Cycle?
There are a few ways to break the cycle: enroll your eligible debts in a debt relief program, take out a debt consolidation loan to pay off the balances or pay them down yourself with a strict budget. Renewing a payday loan or rolling it into a new one usually keeps you paying fees for longer, so most people look for an option that addresses the underlying balance instead.
Does Checking My Debt Relief Options Affect My Credit Score?
No, checking your options with Accredited Debt Relief doesn't affect your credit. Your free consultation reviews your debt, income and monthly obligations so a specialist can build a program around what you can afford.
How Long Does Debt Relief Take?
Because debt relief targets your balance, not your interest rate, our clients become debt-free in as little as 24 to 48 months.
How Is a Debt Relief Program Different From a Debt Consolidation Loan?
A debt relief program rolls eligible balances into one lower monthly payment and reduces your total debt owed, and checking your options doesn't affect your credit. A debt consolidation loan is a new loan that pays off existing debts, requires a credit check and means you repay the full loan amount plus interest. Accredited Debt Relief can evaluate clients for debt relief or consolidation loan options.
Is Bankruptcy Ever the Right Choice for Payday Loan Debt?
Bankruptcy is generally considered a last resort because of its long-term credit consequences and public-record status, but for some people it is a legitimate tool. If your unsecured debt far exceeds what you could realistically repay within a few years, it's worth having a licensed bankruptcy attorney review your finances before deciding. For many people with significant unsecured debt, though, a debt relief program is a more accessible and less drastic path.
Is Accredited Debt Relief Legitimate?
Accredited Debt Relief has been operating since 2011, holds an A+ rating from the Better Business Bureau and has helped more than 1.3 million clients. It was named Best for Customer Satisfaction by both CBS News MoneyWatch and Bankrate in 2026. Its specialists are IAPDA-certified, the company is a member of the Association for Consumer Debt Relief, and staff benefit from guidance by AFCPE-trained trainers.
A free consultation with a certified debt specialist won't affect your credit score and will show you what an affordable monthly payment could look like — without another round of borrowing. No pressure, no obligation. Available in all 50 states.
Get a Free ConsultationOr call 800-497-1965 · accrediteddebtrelief.com/payday-loan-consolidation/
No upfront fees · 100% success-based · Free consultation.
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