Support Information:

Mon-Sat 7am-8pm (PST) · Sunday CLOSED

(866) 550-4352

Need Payday Loan Help? How to Stop the Loan Cycle

Need Payday Loan Help? How to Stop the Loan Cycle

When you have to cover extra expenses or are short on cash, a payday loan is a quick way to get the cash you need. However, unless you have a plan to repay your loan, you may find yourself in need of payday loan help.

Here are a couple of things you can do when you need help with your payday loans.

Lower Your Expenses and Increase Your Income

Now is the time to slash your expenses and work hard to increase your income. Look at your budget and see what items you can eliminate or reduce. Some areas to focus on include:

  • Membership and subscription fees
  • Food costs (groceries and eating out)
  • Cable and cell phone plans

If you can reduce your spending by $5 a day, this is $150 a month. You should also try to boost your income. Options for bringing in more money include:

  • Working overtime
  • Donating plasma
  • Utilizing cashback or reward apps
  • Selling things you don’t use 
  • Freelancing as a delivery driver or personal shopper 

Assume that you bring in an extra $50 a week. This gives you an additional $200 a month. When coupled with your reduction in expenses, you have $350 to pay towards your payday loans. 

You might feel like your activities aren’t sustainable. That’s okay! These changes aren’t meant to be part of your long-term financial plan. They’re designed to give you quick payday loan help so that you boost your payment progress.

Payday Loan Help: Consolidate Your Debt

If your payday loans have exorbitant interest rates, you may find that your payments aren’t making much progress on your debt. One way to start making progress towards your payday loans is to consolidate them. 

At Dollar Loan Center, we offer an installment loan known as a signature loan. Our signature loan has no upfront fees or prepayment penalties. The interest rate is lower than the rate for a payday loan, allowing you to lower your interest expenses. 

Our signature loan is available in amounts from $100 to $5,000. Use it to pay off your payday loans so that you only have to make one affordable payment. You only pay interest for the amount of time that you have the loan.

To ensure our loans are affordable, we don’t compound your loan interest. This means that we don’t charge interest on your loan’s interest; you only pay interest on the amount that you borrow. 

Ready to get payday loan help with our signature loan? Apply today by calling Dollar Loan Center at 866-550-4352 or apply online today!

The DLC Bill Of Rights

This Is Our Promise and Commitment to You!

Apply Online Now!