Payday Loan Consolidation - Get Help Now

How our program helps:

  • Cut your monthly payments in half
  • Reduce your total debt by up to 50%
  • Be debt free in as little as 12 to 48 months

Select Your Debt Amount:

$1,000

$100,000+



Payday Loans: Why Are They Bad?

Payday loans are short-term loans that give you a small amount of cash with the agreement that you’ll pay it back, along with additional fees, at your next paycheck. Although they may seem like an easy way to get fast money, they can quickly pull you into a cycle of debt.

Some of the biggest disadvantages to payday loans are the high interest rates and short repayment terms. If you aren’t able to pay back your debt in full on the due date, which is usually within 14 days or by your next paycheck, the lender will likely encourage you to roll the debt over into a new loan. More fees and excessive interest charges are tacked on with each rollover, which can quickly grow into a massive amount of debt.

Additionally, if you default on your payday loan, you risk your debt being sent to collections. This can negatively impact your credit and make it more difficult to obtain loans in the future.


When debt prevents you from accessing your basic needs, it’s time to get help.

Rosemary inherited her late mother's home, but she had to take out loans to pay for crucial home repairs. Accredited Debt Relief helped bring her $2,800 monthly payments down to $670, allowing her to worry less and put more money into her savings.


Payday Loan Debt Consolidation

Depending on your unique financial situation, consolidation could help you overcome your payday loan debt. However, consolidating isn’t the best for everyone. You may want to consider debt consolidation if any of the following are true:

  • You're unsure you'll ever be able to pay off the total amount you owe
  • You're considering bankruptcy to get out of debt
  • You continue to be trapped in the payday loan cycle and need help getting out

You May Need Help With Your Payday Loans If...

Your Payments are Too High

You're paying too much interest or are stuck making only minimum payments

Your Accounts are Maxed Out or in Collections

One or more of your credit cards are maxed out or your credit utilization is over 40%

You Have Missed Payments

You miss payments or you can’t afford both your monthly payments and basic needs

Your Money Stress is Affecting Your Health

Your debt is worsening your quality of life, physically or mentally


Payday Loan FAQs

You can break the payday loan cycle in a few different ways. These include enrolling your debts into a resolution or consolidation program, using a debt repayment strategy, or securing a separate line of credit to help pay off what you owe. It may be tempting to work with the payday loan provider to extend your payment plan or roll your debt into a new loan, but both of these options are designed to keep you in debt (and paying more in interest and fees) for a longer amount of time.

Yes — consolidation is a common strategy used to get out of payday loans. You can consolidate by securing a new line of credit or by enrolling your debts in a consolidation program.

Yes! There are a variety of debt relief methods you can use to overcome your payday loans. Popular strategies include enrolling in a debt resolution program, getting a consolidation loan, and using new payment strategies to reprioritize and pay off the debt on your own. Some debt relief options, like debt resolution programs, may be able to reduce the total amount of debt that you owe by as much as 50%.


Payday Loan Help With Accredited Debt Relief

Since 2011, Accredited Debt Relief has helped thousands of individuals throughout the U.S. take back control of their debt. Our team of Certified Debt Specialists can review your payday loan situation and match you with solutions that best fit your financial needs.

With an A+ BBB rating, we offer customized financial solutions that can help you pay off your debt obligations quicker. Our experienced team can help lower your monthly payments and reduce what you owe overall. Break the payday loan cycle today — contact us for your free consultation.


Proven Results From Real Clients

Carl F.

Enrolled Debt: $43,922

Final Debt: $21,403

Savings: $22,879*

Enrolled: 2/10/2020

Graduated: 8/31/2021

Kelli M.

Enrolled Debt: $21,974

Final Debt: $12,797

Savings: $9,176*

Enrolled: 3/22/2020

Graduated: 10/21/2021

Ashley S.

Enrolled Debt: $24,954

Final Debt: $10,634

Savings: $14,320*

Enrolled: 1/1/2020

Graduated: 10/28/2021

* These examples do not include program fees. This is small sample of debt settlements our negotiation team has achieved for our clients. These settlements were obtained for clients who successfully met all of their program terms and received settlement offers. Results may vary, and there are no guarantees that all creditors will agree to settle. These examples are not representative of results in all cases.


Learn More About Debt Settlement

What Is a Payday Loan?

People who consider payday loans often do so because they are living paycheck to paycheck and run into a sudden, unexpected expense. Budgeting for these loans can be an impractical financial decision for many borrowers.

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What Is the Best Way To Borrow Money?

If you need to borrow money, you have a variety of options. However, you’ll eventually need to pay your lender back, so it’s important to have a repayment plan.

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What To Do When You Max Out Your Credit Card

Maxed out your credit card? It’s OK. It happens. The important thing is to understand the consequences and find out what you can do to get the debt under control.

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