Posts Tagged ‘government approved payday debt management programs’

Government Approved Payday Debt Management Programs

If you are struggling with payday loan debts and are looking out for some government approved payday debt management programs, you are not the only one. Despite its predatory nature, payday lending has been very popular; in fact, its popularity is still increasing with every passing day, probably because of aggressive marketing that payday loan companies are engaged in. Though almost every state has now come up with specific laws to regulate payday loan programs, people are still getting trapped into vicious cycle of debts, probably because of their unawareness about the laws. It is very important for you to keep in mind that sixteen states have even banned these cash advance programs. But, the unfortunate thing is that many illegal Internet-based lenders are offering loans to even those consumers who are residing in the states where payday lending is banned. Therefore, it is very important for you to get yourself educated about your rights and legal options. The wide array of programs offered by government approved debt management companies can prove to be a great help for you in this regard.

Consumer Credit Counseling Services

The best government approved payday debt management programs can be found at Consumer Credit Counseling Services. Though this organization has its office based in San Francisco, its services are offered nationwide. You can contact them through their official website (cccssf.org). Their office address is 595 Market St., Ste. 1500, San Francisco, CA 94105. You can also call them at 800-777-7526. When you consult with a CCCS counselor, they will first review your debt and financial situation. The first session usually takes an hour. After a thorough review, the counselor will contact each of your lenders. If they find any violation of the laws, they will first notify the lenders about the same. This will put tremendous pressure on the lenders and they will not dare to get engaged in unfair debt collection practices. The counselor will also try to convince the lenders to waive off penalty charges and to reduce interest rates so that you can easily pay your debts off. In the end, you will be able to pay off your debts faster and in an affordable manner.

Since the year 1996, even Debt Reduction Services have been offering an array of government approved payday debt management programs. The services offered by this organization can be availed in the majority of the states, but not in all states. Their head office is located at 6213 N. Cloverdale Road, Ste. 100, Boise, ID 83713. You can call them at 208-378-0200 and visit their official website at debtreductionservices.org.


Custom Search
Bankruptcy

Basic Things You Must Know About Bankruptcy Dismissal

When you file a petition for bankruptcy and the court rejects your petition on certain grounds, it is legally termed as bankruptcy dismissal. Dismissal means your case is officially closed and that the court will make no further rulings on your case. Some of the most common reasons why a petition is...

Bankruptcy
Credit Repair

Building Credit With No Credit

When it comes to building credit with no credit, there are several online canadian pharmacy factors that you need to take into account. Just because you do not have any credit history at present, it does not mean you will never have one. No one is born with a readymade credit history. You have to gi...

Credit Repair

A Loan To Defeat All Loans Debt Relief Loan
Payday loans fax-free payday loans and instant online payday loans are everywhere be it on the Internet newspapers or television. Today when the economy is in turmoil these loans look like the saving gra... Read more

Tips On How To Consolidate Payday Loan Debt
You may need to consolidate payday loan debt when you are caught in the middle of a financial crisis arising out of your inability to repay multiple loans. Debt consolidation loan allows you to consolidate all... Read more

Do Not Put Up With Debt Collectors Harassment
There was an emergency and the need arose to take a payday loan. It seemed to be the fastest and the best option available then. However now the debt collectors harassment is horrendous. The fact that using t... Read more

Consolidate Payday Advances To Save Yourself
Payday advances are loans taken against a persons paycheck. They have a way of digging into your paycheck month after month. They usually have exorbitant interest rates though the sites offering the services... Read more

Can I Consolidate Payday Loans
Can I consolidate payday loans is a question you are sure to ask yourself when faced with a trying financial situation. When payment of loans becomes difficult it is possible to consolidate and replace many... Read more

What are the pros and cons of debt consolidation?