3 Best Ways to Get Fast Cash Halifax Nova Scotia During an Economic Crisis
The pandemic has caused millions of people to go without pay or make do with reduced income for an extended period of time. This is an unmitigated disaster as most workers live paycheck to paycheck. While governments are doing what they can, consumers also have several options to secure fast cash Halifax Nova Scotia.
How to Secure Money in a Crisis
Get Cash from Your Credit Card: This is one of the fastest ways to get money. Every credit card has a cash advance feature. However, the amount you can borrow depends on your credit limit. You’ll also be charged a transaction fee, which is anywhere from 3% to 5% of the cash advance.
Use Your Car to Get a Loan: Another swift and effective way to secure funds is through a title loan. Borrowers will put up their car as collateral, and its equity will determine the loan amount. Lenders can approve a loan in an hour and release the money within the day. This is a good option for emergencies or when you’re facing unexpected expenses.
Tap into Your Retirement Account: You also have the option of dipping into your 401(k) or pension plan. Federal law allows individuals to borrow up to half of their account’s current balance. This is payable for up to five years and has a low-interest rate. But since this could impact your retirement, it’s best to consider this as a last resort.
Lowest Interest Rates You Can Find
Apply at Canadian Equity Loans and get the financial assistance you deserve. The company offers loans as high as $50,000. They also have the lowest interest rates and monthly payments around. Clients can also opt for early payouts without fear of being penalized. Log on to their website to apply or call their toll-free number at 1-844-586-6311.