Of course, they work with customers with excellent credit history.Their interest rates are also high – they too start at the prime rate plus 5%.They don’t require excellent credit dossier from their clients.They also work with a common credit limit of ,000.
The next kind of loan consolidation providers are peer-to-peer lending services that specialize in unsecured payday loan debt assistance between individual borrowers.Another avenue for payday loan debt relief is the one of payday lenders.They differ from other types of loan providers because they lend short-term unsecured loans that don’t require a credit check. Instead,they will provide a different kind of help with payday loans debt consolidation.They also tend to require debt repayment within five years.
Nevertheless, they work with higher loan limit of amounting up to 0,000.
Not knowing how to pay off multiple payday loans puts people under tremendous pressure.