Need Help with Defaulted Payday Loans – Defaultedloan.net is always at your Side
We help you to get out of debt and bring your payment back on track. We provide assistance in payday loan consolidation and outline debt management programs. The ways you can get out of default are many; we help you find the way.We aim to design effective repayment plans for you and advice on the ways to stop wage garnishment. Get in touch with us today to come out of default.

Worried about the consequences of defaulting on your payday loan? 
Defaulting on your payday loan can be a serious issue of concern especially if you have several cash advances from different loan companies. Defaultedloan.net aims to bring several debt management programs and default assistance to help you get out of the default. The consequences of defaulting are many that not only include continuous phone calls from collection agencies.

Here, is a look at the serious consequences that you might face with defaults –

Wage Garnishment – Once you default, the payday loan companies can hold a certain amount of your pay if you have agreed to a wage deduction when applying for the loan.

Poor Credit Rating – Defaulting on any loans including payday loans makes your credit rating drop severely. Your poor credit rating stops you from receiving further loans in the future, either from other payday loan companies, or even from banks and other lending providers.

Addition of Charges and Penalties – A payday loan in default is usually subject to a default fee with immediate effect. In addition, you will also have the collection charge of the debt collection agencies. All these extra costs together increase the payment balance greatly.

How defaultedloan.net can help?
Well, the consequences are not to scare you, but make you aware of the default terms. However, with us you can stay clear of defaults or come out of debts easily. Our goal is to offer you financial freedom outlining effective debt management programs and ways to stay away from the consequences.