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How A Quick Loan Can Save Your Life In These Dire Times

When the lockdown induced by COVID-19 was announced in late March, people were hopeful that it would last no more than two weeks, and normal life could resume right after. With two more extensions and a limited general community quarantine looming over the horizon, many people are still — and will be — stuck at home for the next couple more weeks. Among the challenges of a world in quarantine is figuring out ways to make ends meet. Here’s how short-term loans can help you cope with financial struggles during the crisis.

Everyone’s on the same boat

The economy isn’t at its best state, people are still getting laid off or suffering significant pay cuts, and companies can no longer afford to pay their employees. Even those who never had issues with finances are having trouble adjusting to the financial demands of a COVID-19 situation. After all, despite going on a tight and highly restrictive budget, your immediate resources may not be enough to manage daily and monthly expenses.

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You may have dedicated to making stock market investments, but stocks aren’t in a good state right now. Your money might be in investments such as business ventures or time deposits, so while you may have assets, they are currently inaccessible. You may also not have a pool of liquidated funds as you’ve recently purchased a property and other big-ticket goods. Alternatively, you might not have substantial savings from living above your means or not setting aside funds regularly.

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Regardless of your situation, know that you aren’t alone in this battle against resources. Everyone’s experiencing the virus with the same gravity and are living through an economically-impacted world all the same. In desperate times like these, know that you have the option to employ the help of institutions for quick financial solutions to get you out of a pinch.

Cashwagon’s quick loans are a quick fix

In these times of lightning-speed changes to lives, families, and opportunities, one of the best things that can mitigate the stress of the situation is to find institutions that can accommodate your needs quickly. Cashwagon is one of the country’s unique quick loan solutions that allow you to get speedy loans in no more than an hour. You can receive up to P20,000, payable in 5 months, which gives you plenty of time to recover and catch up financially.

The first P6,000 of your loan is completely free with 0 interest — but you still have to pay it back on time. Regardless, it’s a wonderful financial aid in times of crises and emergencies. Whether it’s an unprecedented pay cut or losing your job and career, Cashwagon has got your back in the direst and most sudden changes in your life. P20,000 should be enough for a couple of weeks’ worth of groceries, which is the extent of what you likely need with the extension for halted bills and dues.

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COVID-19 considerations

Cashwagon has displayed their concern for Filipinos currently going through a time of stress and difficulty. They have canceled late payment fees and offer prolonged payment terms for existing contracts. They have also increased their customer service efforts to keep their employees employed while serving the heightened demand for quick loans. They’ll ensure that you’re never left in the dark and will find ways to approve your loan application as quickly as possible.

Disclaimer: A quick loan is just like any loan. It comes with risks, including the possibility of falling into a neverending debt cycle if not handled correctly. Understand the terms and conditions, and ensure that you can commit to repayments before signing up for a quick loan so that you can financially protect yourself in the long run.

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