There are many debt relief companies out there. The consumer will need to do their own investigations in order to not be trapped by scams. Cash Advances are not affiliated with these types of programs. They are small short term loans to help with emergency costs.
Are you being offered lower payments on your loans and credit cards with a promise? The offer sounds so appealing to many people who are struggling to keep up with their payments. One word in this offer which should be a red flag to anyone looking for true help…”promise” is not a word that any debt relief company can be promising. Listening to the sales pitch will feed right into getting everything that you need and want…lower payments and freedom from debt.
Up front fees for these types of programs are illegal. Any company offering you a debt relief solution for a money saving one time fee are not following federal guidelines and should be reported. There is no promise that any creditor will work with them to lower your debt and you should not have to pay for a service that did not happen.
Educate yourself with the programs before you start talking to the companies. Know what is allowed by federal guidelines and what is against the law. This information will prepare you to listen for false promises, promises, or illegal practices. The salespeople on the other end are trained to pitch you the highlights of the company. There are answers to persuade your interest back to their company. Shop around and know what to expect before you get caught up in the sales pitch.
Spotya! Payday Loans are responsible lenders looking to help good people out of bad money times. We promote responsible lending and borrowing.
