Payday Loan Consolidation Firm, EliminatePaydayLoanDebt.net, Welcomes David Schmidt As President

Online, April 3, 2012 (Newswire.com) - Due to the heightened demand for payday loans, many payday lenders have been around for quite some time. Payday loan consolidation companies - which help borrowers come up with affordable repayment schedules to pay off a payday loan debt in the specific time frame agreed - have not been around for that long.

Various legitimate programs on debt consolidation for payday loans are offered - all of them promising to help people today put food back on the kitchen table, settle obligations and just make ends meet by remedying a significant financial predicament. However, not all consolidation companies operate the same way.

Payday Loan Debt Relief is a payday loan consolidation company that aims to help people by means of a service that offers is a real process to get out of the payday loan trap. It offers a true solution to consolidate payday loan debt which is detailed at EliminatePaydayLoanDebt.net. Operating in the United States, the company's payday loan consolidation program takes the total payday loan debt and presents with a more affordable re-payment schedule.

Kevin Williams from North Carolina shares his experience with EliminatePaydayLoanDet.net: "I had got myself way over my head in payday loan debt, I had to keep taking out loans to payback others and it was just getting worse. It's been a few months now and I am finally almost free from all my payday loan debt. Thanks to the company, I have my financial situation in order and now can pay my everyday bills without worrying how to pay my payday loans back. Thanks again putting my life at ease."

Essentially, the EliminatePaydayLoanDebt.net program takes over the client's debt and works with lenders directly to completely stop the fees and interest, while allowing for a payment arrangement that is set over a set period of time. Unlike other programs, the company does not hold money for two or three months before paying lenders which is critical to being effective.

Continuously expanding and restructuring to serve clients better, EliminatePaydayLoanDebt.net welcomes David Schmidt as president of the Payday Loan Consolidation Division. With a 20-year solid experience in sales, marketing and collections, coupled by debt management background, Mr. Schmidt is expected to lead the team competently.

Besides offering programs that work, EliminatePaydayLoanDebt.net aims to help people by means of information and facts along with a service that offers is a real process to get out of the payday loan trap.

Individuals needing assistance with keeping their finances in check through manageable payday payments should check out http://www.eliminatepaydayloandebt.net for the legitimate payday loan payment program under the headship of a new division president.