Our Job is to Help Restore Your Financial Freedom.
Consolidating short term unsecured debt, particularly high interest payday loans, can quickly improve a person’s overall finances.
How Can BSI Help Me Fix My Payday Loan Problems
BSI is a reputable payday loan consolidation company that will combine your existing payday loans into one single, more affordable monthly payment. This consolidated payment is often 50% to 70% less than current payments.
BSI, is a reputable, A+ rated BBB debt consolidation and solutions company with over 25 years of experience. Your creditors receive payments every month and the reduced monthly payment is generally considered an acceptable payment plan by these types of lenders.
Am I a Good Candidate for the BSI Loan Relief Program?
Nearly all borrowers qualify for the BSI relief program.
Even if you have already defaulted on payments, we can assist you now. If you are behind on payments, our program will normally stop all debt collection efforts, including late fees and finance charges. In most cases, you will no longer be subjected to harassing calls or letters from creditors at your job or at your home while you are on the program.
What Types of Debt Can I Include in the BSI Loan Relief Program?
Secured loans such as mortgage payments or auto loans usually cannot be included. However, almost all other unsecured debts can be included in the BSI debt consolidation program. For example, all of the following debts can be included in our consolidation program:
- Payday loans
- Credit cards
- Medical bills
- Department store cards
- Unsecured personal loans
It is generally reasonable advice to do all you can to pay secured loans in full, while using a program like the one offered by BSI to reduce or alleviate all unsecured debts into one affordable payment, especially very high-rate loans with stressful repayment terms like payday loans, short term loans, personal loans and the like. Unfortunately, some versions of unsecured short-term loans seem to be helpful but in reality they are far more harmful than any quick benefit they provide. Programs like the one offered through BSI are in place to assist consumers in dealing with the aftermath of such lending practices.
Is Your Debt Consolidation Plan a Better Option than Bankruptcy?
The proper answer is “it depends on your circumstances.”
The general guideline is that filing bankruptcy should be your last resort in solving your financial difficulties. Bankruptcy is never guaranteed to be granted, and when it is it carries some serious consequences for many years to come such as a unfavorable credit report for up to 7 years. In summary, legal advice usually reflects trying to unwind financial stress in the least damaging way that is legally possible. In some instances, bankruptcy may be the best solution. In many cases, some form of consolidation and relief will make the most sense. There are many resources that can be reviewed to decide which debt solution is right for you.
