National Payday Relief is a debt settlement company that claims to be able to help you settle your credit card and payday loan debts for less than you owe. Their service is available to both consumers and businesses. URL nationalpaydayrelief.com

They offer a free consultation with an in-house counselor. They also offer email and phone support. The company claims to be responsive and friendly, but it doesn’t have a chat feature or a mobile app, so there aren’t many ways to reach them when you need assistance.

Debt Settlement

With a debt settlement, you work with a debt counselor to negotiate a lower amount with your creditors. This helps you to pay off your balances and reduce your interest rates, while avoiding the credit tarnishing that occurs from a bankruptcy filing.

National Payday Relief: A Step-by-Step Guide to Debt Consolidation

Depending on your circumstances, a debt settlement program can save you thousands of dollars in interest and fees. However, it will take longer to complete than a consolidation program and won’t result in your debts being discharged through the courts like a bankruptcy.

Consolidation

A credit consolidation plan involves working with a debt management firm that will negotiate with your lenders to reduce your interest and fees, then put them into a single monthly payment. Typically, these programs last for three to five years.

In addition, these companies will work with you to help prevent payday loans from taking over your finances in the first place. They are often partnered with financial counselors and credit experts who teach you better ways to manage your money.