Does consolidating payday loans work
Reasons for needing money range from unexpected bills, major home or auto repairs, necessary medical expenses, much needed family vacation, basic home improvements, etc. Our company is committed to protecting your information.We use a 128-bit SSL encryption so the information you share on your request is protected. Everyone wants to keep their information safe and secure, which is why we use the same security protocol to protect your information and our information.Additionally, if you continue to meet eligibility requirements and you make 36 successful, on-time monthly payments (72 bi-weekly payments), you will qualify for a 36% APR on your line of credit.** Applications processed and approved before 6pm ET are typically funded the next business day.RISE is offered only to residents in states where permitted by law.In Mississippi, if you make 24 monthly payments (48 bi-weekly payments), the monthly handling for your next loan will be 50% off (excluding customers with starting rates of less than 75%).And, if you make 36 monthly payments (72 bi-weekly payments), you qualify for a monthly handling charge of 3% for your next loan with RISE.Complete our fast and secure application 24 hours a day, 365 days a year. Every inquiry received is handled with care and speed.Take Care Of Your Needs Financial emergencies can arrive at any time.
In fact, the majority of people who use payday loans end up renewing the loan so many times that they pay more in fees than the amount they originally borrowed.You can pay off multiple payday loans with one single installment loan, thereby consolidating the debt.Debt relief programs are another way break the payday debt cycle. When unexpected expenses arise, a short-term or "payday" loan might be tempting. There are 19 references cited in this article, which can be found at the bottom of the page.