TNL and How It Can Help in the Face of Economic Difficulties During the Covid 19 Crisis

The Net Lender (TNL) has pointed out that, in their own little way, they can help people during the difficult economic situation resulting from the Covid 19 crisis. The national government is still unclear on what economic policy to adopt for the crisis because it appears to be unprecedented in living memory. David Auto, a labor economist at MIT, said, “It isn’t like anything we’ve seen in a hundred years.”

In previous economic recessions or depressions, the solution was simply to stimulate demand for workers to boost the economy. But in the present situation, the government is telling people to stay home, which shuts down economic activity. And it appears that there is really no choice because the other alternative of removing the lockdown as early as possible to help the economy but letting the virus spread unchecked could result into the death of as many 2.2 million people, according to projections from epidemiologists.

Meanwhile, TNL wants to point out that they can help both individuals and small businesses survive the current difficult situation by offering financial assistance based on the borrower’s car title. Customers will be borrowing against the equity value of their car or vehicle. This means the amount that can be borrowed will depend on the car’s present market value. The good thing about the arrangement is that borrowers still get to keep their car for their personal use, although the car title is transferred to TNL to back the financial assistance agreement. For those who would like to know more about the company can check out their media room at https://www.pressadvantage.com/organization/the-net-lender.

The type of financial assistance available through TNL is the better alternative compared to banks or other financial institutions because banks usually take a much longer time to give their approval along with stricter requirements. This is certainly not acceptable for emergency situations, such as when there was an accident or any unexpected expense that requires money as soon as possible. Or it could be a small business that requires some cash to be able to take advantage of an opportunity that will be gone if the money is delayed by a week or more.

On the other hand, TNL can offer a solution for quick cash because approval could take less than 15 minutes and the money can be available the next business day. The financial help offered by TNL can also be helpful in many individual situations, including: the need to pay for an emergency such as hospital bills, surgery, house repair, funeral expenses, school tuition, utility bills, and more; the need to obtain cash in less than 48 hours; when the individual has credit card debt; when the borrower has a poor or no credit score; when the person is building a credit history; when a person owns a car and needs some money urgently; when people are unable to get approved by banks in time; and when people are rejected repeatedly by banks.

TNL wants to point out that eligibility for the financial assistance will be based entirely on the vehicle value. Thus, even those who have a bad credit score may be able to get an approval. The requirements are simple and include: the fact that the borrower is 18 years or older; proof of income of $1,500 or more per month; the borrower owns the vehicle with no pending payments; the vehicle has insurance and registration; and a car title or pink slip.

For those who will be calling TNL on the phone, a staff member will be ready to assiste them. They can immediately learn if they qualify for the financial assistance. They also recommend that applicants have their documents and paperwork ready as they apply. This will ensure that the applicants would be able to receive the money as early as possible.

People who want to learn more on how to get hold of emergency cash with a title loan, for their business or for whatever emergency, can visit the TNL website, or contact them on the telephone or through email.