Life can be unpredictable. Just when you think you’re on a roll – following your budget and paying off bills – you get sick and have to go to the clinic. After your trip to the doctor’s, you’re healthy but not necessarily happy. With unforeseen medical expenses in the mix, your financial plan has gone right out the window. You were always told that you should have put a little extra away to create a safety net, but that advice is not practical when you’re just making ends meet. But you’re not alone. As of 2013, roughly 75% of Americans live paycheck to paycheck, meaning over three quarters of the country doesn’t have a safety net for those surprise visit to the doctor’s. When it’s your health at stake, you should never be expected to choose between paying your utility bill and filling a prescription. A personal line of credit is a great way of finding a safety net when you can’t make one yourself.
Receiving a personal line of credit through a direct online lending company does not have to be a difficult process. An online lender wants to make it easy for you to get the money you need, so they’ve streamlined both their application process and their loans’ basic requirements. As long as you are an American citizen over 18 years of age, with an active bank account and email address you can get started. You can apply online and find out instantly if you qualify for a loan. Within 24 hours, you can have access to a line of credit of up to $1,000. Compare this to applying for a loan through your local bank, and you realize how much faster you’ll see a line of credit with a direct online lender. In as little as a day, you can have the peace of mind that you have a source of credit should an emergency (like medical bills) arise.
When searching for a direct online lender you can trust to help you at your lowest, you have a responsibility to understand what a lending company can do for you. Research their company’s mandate and learn about the terms and conditions regarding their loans. Only apply to those lenders that can offer you a responsible way to meet your short-term goals. As the country’s leading direct online, MoneyKey makes it easy for you to do that. Their website is a transparent source of information, directing you towards the conditions of your line of credit, third-party financial resources for healthy finances, and budgeting tips to keep you from spending over you limit. Should you have any remaining questions before you secure a personal line of credit from MoneyKey.com, a helpful representative is waiting by phone, email, or an online chat to go over your queries and concerns – making sure you’re equipped with the right information so you can pay back your line of credit without any added stress.
Life can be stressful enough without having to worry about how your loan is unreasonable and that you won’t be able to pay it back. When you borrow money responsibly, you can have access to the money you want when you need it and then pay it back without creating an additional financial burden on your budget. Because sometimes you can’t choose to budget for expensive medical bills, but that doesn’t mean you can avoid paying them. A small line of credit can be your solution.