Finding short-term loan options during COVID-19 pandemic
The coronavirus pandemic has affected everyone in different ways. One of the most severe impacts has been millions of people losing jobs or being furloughed.
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What to look out for when taking out a short-term loan
Consumers often pursue short-term loans to get access to a little extra cash to get by when needed. While this type of borrowing is helpful, it’s important to understand how quickly these loans can spiral out of control if not careful. Before signing on the dotted line, always be sure to thoroughly understand how the short-term loan process and its payback terms work.
READ MOREPeace of Mind with Short Term Loans
When temporary cash flow problems and emergencies arise, people have traditionally turned to high-interest credit cards or friends and family to help make ends meet.
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