TLE Discusses Debt And The Effects Of COVID - 19 On The Economy

In light of the global health crisis, Title Loans Express (TLE) is reaching out to share insight regarding the effects of the COVID-19 pandemic on the country's economy. As noted on the company’s website at https://www.titleloansexpress.com, TLE is also pleased to offer financial assistance in the most convenient ways possible for each and every individual who needs help during these trying times. With over 300+ locations nationwide, the company is ready to provide assistance in a prompt manner, with their staff manning every branch.

A spokesperson for TLE notes, "Nobody saw this pandemic coming. In an instant, a huge part of the population lost their jobs, closed down their businesses and, unfortunately, some of these people even lost their lives to the fight against the coronavirus." The company spokesperson adds that these events will eventually lead to the inevitable rise of the unemployment rate and a fall in the country's GDP.

They explain that both of these phenomena will eventually have a lasting, damaging effect on the economy. “Even though the US government has issued a stimulus to try to prevent the economy from collapsing, more and more citizens are starting to accumulate debt because of unemployment,” the spokesperson says. Furthermore, if the rise in federal debt leads to dues exceeding the threshold in percentage to the GDP, this will result in the reduction of the country's economic growth. The rise in federal debt may also lead to increased tax hikes and spending cuts, all of which cannot be avoided.

"We understand the gravity of the situation brought about by the COVID-19 pandemic. This pandemic has made times especially hard not only for the government but also for all the citizens, which are also their responsibility. In times like this, it is important to always have money set aside for emergency situations, such as enough support in order to afford medical assistance. We would like to reassure you that Title Loans Express is here to offer financial help to these individuals who need additional money to make ends meet while staying inside the safety of their own homes," the company spokesperson says.

In an article at https://www.pressadvantage.com/organization/title-loans-express, Title Loans Express claims that their company is ready to provide financial help despite the pandemic. The company takes pride in being able to give financial assistance on an immediate basis, and a wide variety of customers will find that they qualify for aid. Contrary to going to banks for financial help, where one needs to wait for a period of time to get their request processed, TLE is able to give financial assistance easily and quickly as long as the client has a car with equity and value. Additionally, those who seek to avail their services do not have to worry about up-front fees or hidden charges.

To receive financial assistance from TLE, there are only three simple steps for interested parties to follow. The individual may opt to give the company a call or they can instead fill up an online application form on the company’s website. A representative from the company will be on standby to offer assistance in case the individual has questions about the process. The application can then be approved in as few as 15 minutes. Once the request is approved, the applicant must then submit some required documents, such as the car title, an ID and proof of residency. The individual can then receive the money through their bank account or through MoneyGram.

Title Loans Express also asserts that one may submit a request for financial aid even if they have poor credit. The company will not base their decision on the individual’s previous financial history but rather on the value of their car. If the car is worth a large amount of equity, the applicant will be able to claim a large amount of financial aid from the company. Additionally, the company allows their customers to be able to keep and continue using their cars even after availing the aid.

Title Loans Express is always ready to offer assistance, whether for emergency situations or minor life events (such as redecorating one’s house), in a manner that is similar to an article published at https://www.adiyprojects.com/can-i-get-a-loan-to-redecorate-my-house/. Moreover, interested parties may find more information on the company’s website. Clients may also connect with Title Loans Express via social media to stay abreast of their latest news and important announcements.