We all know that payday loans are incredibly risky, but does that stop us from using them? Usually not, and missing a single payment can put you into a ton of debt very quickly because you have to turn to other lenders to get enough to pay back the original loan. This is a huge debt spiral that’s nearly impossible to climb out of on your own. Most people need help with this and turn to consolidating payday loans. This service can help you lump all of your debts into a single monthly payment. There are a lot of reasons why you are in debt to these companies, but rest assured that there is help out there.Debt consolidation is going to help put your finances in perspective. The company that you use will help you see all of the creditors that you’re in debt to, and will put together a program that will help you get everything paid back. The real benefit here is that they will negotiate with all of these lenders and collection agencies to reduce the amount of money that you owe. Not only are you going to pay back your loans, you’re going to pay back less than you owe! Also, there are probably some other companies (not payday loans) that you may be in debt to, you can use consolidation to get yourself completely out of debt! Monthly payments are then made to the consolidator, and they pay the creditors on your behalf.The biggest thing that made me feel better once I signed up to consolidate my fast cash loans was that I stopped getting phone calls and threatening letters from the collection agencies. There is no more worrying about if the creditor can actually take me to court, no more embarrassing phone calls at work, and definitely no more worrying about them garnishing my paycheck. It seriously felt like a Cadillac was lifted off of my chest once I signed up.When you feel like everything is stacked against you, it’s good to know that help is out there and waiting for you. If the harassing phone calls and threatening letters are becoming too much, sign up for debt consolidation and work your way out of this mess.Being in payday loan debt is insanely stressful. You can be comforted in the fact that there are also thousands of other people out there that are in the same boat as you, but at least you’re researching how to get out of debt and how to make all of this right. It’s a bitter pill to swallow, but once you do you will instantly feel better!