Direct Lenders Are Extending A Helping Hand During Covid

By Author: Alisha Onoye
Total Articles: 4
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Covid Assistance by Direct Lenders
The Covid-19 pandemic has without a doubt caused disruption in the lives of millions of Americans. About 30 million Americans have lost their jobs and are struggling to meet their day to day financial requirements. Businesses and start-ups have been shut down and people do not know where to go. Even if employed at the moment, they are finding it difficult to cater to requirements outside of their daily expenses due to a reduction in their salary and more. With the situation worsening by the day, the only ray of hope is a cash advance in order to sustain and live life at least half as decently as one used to.
Situations of emergency can arise at any time. That being said, one may require assistance during the pandemic for an unforeseen emergency or even to pay covid bills at a hospital in case one catches the disease. Either way, opting for a traditional loan may not really be the answer. In order to receive such a loan, one may have to wait for days to get approved and verified in different aspects. However, online lenders offering payday loans promise speedy processes which can ...
... cater to the need of the hour.
With simple application processes and basic documentation, it isn’t too difficult to get a loan and fast, from a payday loan lender. Also, with Covid-19 being a challenge if one chooses to step out and apply for a loan at a store, there is always an option to apply online instead.
Online loans can not only keep you safe from the disease since it eliminates the need to step out of your house, but is also a speedy process as a whole in comparison to store based loans.
By choosing to apply online, you get to avoid the following:
• The risk of travelling especially if don’t have an option but to commute in a public vehicle, as well as the time taken to travel to a store
• Paperwork which should certainly be eliminated given the risk it entails which is why people are choosing to go digital even with their payments
• Long queues and crowded stores which is certainly not where you want to be at the moment
• And the doubtfulness of whether you will or not receive your loan in the end.
By applying online, here are the advantages involved:
• Eliminates the risk of catching the disease while travelling since you don’t have to travel at all and instead just apply online through your favourite smartphone or any other gadget that allows you to hop online.
• You don’t have to worry about physically touching any documents as all you have to do is send across soft copies of the same.
• You can avoid crowded stores and standing in queues which makes it less likely for you to catch the disease.
• You know if you will or won’t receive the loan along with the interest charged beforehand, depending on the websites stated requirements and rates.
Online lenders understand your situation which is why they offer loans even if you have bad credit. All they ask is for you to have a stable monthly income based on which they shall approve your loan request. They know how tough the situation may be for you currently and want to extend a helping hand in order for you to be able to deal with it with a little more financial assistance. All you have to do is take out 3 minutes from your busy schedule, grab your favourite or closest smart gadget and get applying. Apply with a lender whose rates are mentioned on their website so as to make it easy for you to figure out how much shall be required for you to repay.
We hope you are keeping safe during these tough times. Stay strong and stay home.