Over the last six or seven months, Canadians and Canadian businesses have been shuttered in a response to the Coronavirus pandemic. During this time, the Canadian people have been collectively struggling with money and debt issues. It’s difficult to pay loans and bills with a lack of money coming in due to employment issues.
There is good news on the horizon. With the pandemic starting to subside, people are expecting living conditions to return to normal, or as normal as possible. That means they expect to be able to return to work and resume taking on their financial obligations.
Of course, every silver lining has a bit of gray in the mix. As life returns to normal, people are obligated to start addressing their loan deferrals. These are deferrals that were offered by responsible lenders to help debtors avoid trouble and stress. That includes personal loans and installment loans that have been covered under the Canada Emergency Response Benefit (CERB).
The CERB expired at the end of September. The government has successfully put other measures in place to continue offering help, but those measures are temporary. The day is fast approaching when Canadians will be on their own to deal with their financial issues. Are you ready?
Warning Signs That Everything Is Not Okay
As you contemplate how you are going to return to normal living, you need to be aware that it’s going to take time to recover from the pandemic. You might feel you can handle what’s coming, but the reality might be quite different.
Here are some signs you should be looking for as indications you might still need help with your finances:
- Feeling stress every time bills for installment loans come in the door
- You feel distracted at work
- Experiencing difficulty sleeping at night as you worry about bills
- Anxiety is affecting your personal relationships
- Your credit score is slipping, making it difficult to refinance loans
If you are experiencing any of these problems, you may not be in a position to handle your current financial situation. The truth is you could eventually break under this kind of pressure. Before that happens, you do have an opportunity to take the steps necessary to ensure you are going to be okay.
Handling Your Debt Issues Without Government Help
As help subsides, you need to make sure you are in a position to handle paying down your unsecured loans (credit cards) and installment loans (car loans, mortgages, and personal loans).
Hopefully, your employment situation has been resolved and there’s a steady flow of money coming in the door. Should that be the case, it’s still possible you are going to struggle to get your finances back in order.
What if additional help was still available? What if you had the ability to improve your financial situation with a loan from a top lender like SkyCap Financial? It is possible to borrow the funds you need to reestablish financial stability.
Getting Help Sooner than Later
It might be a mistake to wait for financial trouble to come looking for you. If you are still struggling to make payments on your unsecured loans and installment loans, how long will it be before your credit rating is adversely affected?
There is no point in waiting until the last minute to seek help. By addressing potential problems sooner rather than later, you can create a situation where the problems don’t occur at all. Now, you have to admit that’s a far better solution to potential financial problems. After all, you have likely been through enough problems over the last few months.
How SkyCap Financial Could Make a Difference
Under less than desirable circumstances, you need assistance from people or companies that are willing to help. No one wins if your bills go unpaid and your installment loans go into default. What you already know is traditional lenders will be of little use if your credit score doesn’t meet their lofty expectations. You need a lender that is willing to take a more realistic view of the nation’s current circumstances.
At SkyCap Financial, we have built a successful business by offering loans to people who pose a moderate risk. We are not a bank. We are a private organization that has the ability to take on customers who deserve consideration regardless of their current circumstances. With less than ideal credit, we still might have the ability to offer you a loan.
Built on helping people first.
Our organization was built around the notion that people might need assistance under difficult circumstances. To accommodate such individuals, we have designed a lending system that is fast, efficient, and effective.
We offer a wide range of installment loans. Our installment loans range from $500 to $10,000. We offer our installments loans with amortization periods ranging from 9 months to 36 months. During that time, we can set you up on an automatic payment system that will retrieve your payments each month without your intervention. It’s a great way to make sure you don’t miss payments.
It’s worth noting that our interest rates might be a little higher than those put forth by traditional lenders. However, it’s only intended to serve as compensation for our willingness to accept a little more risk.
Surely, all of this sounds very promising, but there is more in our offering than installment loans. We want our clients to succeed in life. Successful people don’t have to continually struggle with financial issues. With this in mind, you might want to avail yourself of our education center.
Our education center exists to educate our customers about certain aspects of how to improve and maintain financial stability. We offer the following tools to help customers better understand personal finances:
- Budgeting tips – how to prepare and use a budget
- The importance of good credit
- Debt advice – how to properly manage your finances
It should be clear by now that we are a lending organization that cares about our customers. Our willingness to be ready to assist during difficult times should speak for itself. If you anticipate having difficulties or need assistance, you are welcome to contact us at your earliest convenience. Hopefully, that will sooner rather than later if issues are lurking.
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