3 Steps To Getting Financial Aid In The Face Of A Pandemic

posted on Sep 17, 2020 |   536 likes

Your guide to getting financial support post COVID-19

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The pandemic has left unpleasant financial surprises springing up rapidly.

We’ve all been impacted one way of other, whether it’s a recent job loss, a medical claim you never expected, relocation, reduced sale, closure of a stream of income, or a major home repair, having to face an unexpected financial expense can quickly create a sense of uncertainty and stress – especially during a pandemic when there is not much options out there.

However, if you know where to look and have the right information, you can access funds to get ahead of your financial needs.

Although the economic and business landscape have been greatly impacted by the pandemic, the basic principles of lending and borrowing has not changed.

A lender must be certain that he can recover his funds from the borrow before they can issue such loan, and the borrower must ensure that they have the right information and are qualified to receive support from the institutions they are approaching.

In this post, we have identified three steps that you can follow to get access to financial support anytime – even during a pandemic.

Maintain A Clean Record

If you are approaching a friend for a quick loan, you must of course not already owe that friend. No lender will be willing to lend to someone who doesn’t pay back debts they owe.

So, the first step to accessing funds from anywhere is by keeping a clean record of your financial history.  

Some people actually believe that they can borrow from Bank A, default in the repayments, and proceed to borrow from Bank B. Unfortunately, that can’t happen anymore.

With the unification of the financial services ecosystem, where financial institutions communicate with credit bureaus using customers information like BVN, it is now very easy to see a customer’s credit history will all available financial institutions.

So, if you ever want to get access to a loan now or in the future, make sure that you fulfill your obligations to any lender that provides a facility to you.

Know The Options Available To You

Another popular mistake a lot of people make is to fixate their thoughts on one particular place where they can access funds, but in reality, there are a lot of options available to you.

You can begin from evaluating your savings account, then proceed to family and friends, and then to cooperative societies where you belong, and then to financial institutions, and many more.

Taking a loan doesn’t always have to be from a bank or financial institution, for some smaller amounts, an informal source might be your best option, while for larger amounts that would require a longer time to repay, you can approach financial institutions.

The goal is here is to understand the sources available to you and determine which one is best suited for the occasion.

Get Funds Faster With Page Financials

After evaluating the options available to you and deciding that a loan company is best for your need, which loan company do you trust to come through for you – on time?

The truth is; many people are under the impression that getting a personal loan in Nigeria is a lot difficult.

They think there will be a 10-page application, dozens of supporting documents, high value collateral, phone calls, and a waiting period that can stretch into weeks.

But we are Page Financials have summarized all that claim to be far from the truth.

Many of our customers find that the entire lending process, from application to funding, can take as little as 3 hours.

Leveraging the use of technology and the endless possibilities with Artificial Intelligence, Page Financials have created an online application process that takes very simple and short steps to complete.

Fill out and submit an application form online, and get your results in minutes! The entire process happens over a secure, encrypted network, so you can relax and leave the next steps to us.

Repayment for this loan is spread between 3 to 12 months so you can relax and repay conveniently while still maintaining other aspects of your life  - just fine.

You don’t have to worry about paperwork getting lost in the mail, or the time you will need to travel to our physical locations, technology does the work briskly.

If you are more comfortable applying directly with a loan agent, you can call to speak with a representative at 017007243 anytime of the day and we will be here to guide you.

Conclusion

The times may be tough, the economy may be unstable, lenders may be shutting their doors to giving out loans at this time due to high economic uncertainty, there may be a pandemic to deal with, but with the right information like what we’re shared in this post, you can cut through the huddles and get financial support in less than 3 hours to solve your needs.

Talk to us If you have any questions regarding our quick loans, competitive investment offering, or using our payment solution to enjoy zero charge on transfers and bill payments.

Visit our website at https://pagefinancials.com or call 01-700PAGE (7143) or send an email to customer@pagefinancials.com to speak with us.   

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