Qik Title Loans Helps People Overcome the Financial Impact of Covid 19

Qik Car Title Loans wants people to know that they can help them overcome the financial impact of the economic recession that is expected as a result of the Covid 19 crisis. The company offered this assurance as Greg Daco, chief U.S. economist at Oxford Economics, stated that the economy is predicted to go into a recession with at least two consecutive quarters of economic decline. He further forecasted that the economic output will decline by 0.4 percent in the first quarter and 12 percent in the second quarter. Meanwhile, Goldman Sachs predicted an even worse scenario, stating that there would be a 24 percent decline in the second quarter. Many small businesses are expected to close down, affecting the work of many people, which will likely put them in a situation where they don’t have enough cash to pay their bills. It is at this point that Qik Car Title Loans may be able to help them, offering them financial assistance in a relatively short span of time. More about this can be gleaned from visiting their website at https://qikcartitleloans.com.

Henry Jones from Qik Car Title Loans says, “Unexpected events happen in life especially with the economy on a downtrend as a result of the Covid 19 crisis. And if you need a same-day financial assistance, look no further. We are all about speed when it comes to helping you get the amount you need right away. While the bank and other financial institutions can take up to a week to help you, we can help you get same-day approval so you can get emergency cash right away when you need it.”

The financial help that they can provide will just require that the customer own a car that has sufficient equity value. The amount of cash that can be provided by Qik Car Title Loans will be based on the current resale value of the car. For instance, if the resale value of the car is $10,000, this particular amount can be offered by the company, right away. This is a good alternative particularly for people who are unable to get a financial assistance from the back because of a poor credit score. Those who would like to know more about Qik Car Title Loans may want to follow their Twitter page at https://twitter.com/qikcar.

Furthermore, banks usually take a week to approve an application. If there is an emergency, the amount that can be obtained through a bank may not be on time for the emergency requirement. In contrast, Qik Car Title Loans can approve an application in less than 15 minutes. However, there are some simple requirements to get approved. The vehicle must be free from any lien, it must have sufficient market value, and it must be completely paid off, meaning the applicant is the owner of the car. Also, the applicant must be at least 18 years old and have a monthly income of at least $1,500.

Henry Jones states that there are a number of reasons why people may want to choose Qik Car Title Loans in times of emergency. These include: quick loan approval, where the applicant can find out within 15 minutes; flexible payment plans that can be customized to fit the customer’s financial circumstances; possibility of getting the needed amount within the next business day; and the fact that the customer can still keep the car and drive it around.

They want to point out that the amount obtained through Qik Car Title Loans can be used for various purposes. These include the payment of medical bills, utility bills, funeral expenses, home remodels, work equipment, new home appliances, sudden emergencies, plumbing repairs, wedding expenses, school tuition, business expenses, and personal use.

Those who require some kind of financial assistance because of an expense that was not anticipated in the budget can check out the service provided by Qik Car Title Loans. People who are interested may want to be up to date regarding developments concerning the company by checking out their media room at https://www.pressadvantage.com/i_organization/qik-car-title-loans-main.