At some point in their lives, almost everyone gets overwhelmed by bills. The how and why is different for everyone. For some it’s a series of unlucky home disasters. A clogged drain is followed by a frozen pipe which is followed by a leaking roof. For others, it’s an issue with their car that isn’t corrected by cleaning, replacing parts, or updating the computer. Whatever it is that has caused your momentary financial trouble, remember that it’s only temporary. It will pass, and until it does, you can cover all of your obligations with a personal line of credit.
When you need money in a crunch, you don’t want to spend valuable time wading through paperwork. The bureaucracy of traditional lenders can delay your application’s approval until it exceeds the due dates of your bills. There’s little point to financial assistance if you can’t get it when you need it. As a result, many Americans are turning their backs on conventional lenders in favor of direct lenders like MoneyKey. A direct lender has simplified the borrowing process to eliminate the time spent reviewing and approving your application.
A line of credit is quick and relatively painless. With a MoneyKey line of credit it takes less than 20 minutes to fill out an application, and you’ll know if you qualify almost instantly. Should you be approved, you’ll have access to your personal line of credit in as little as one business day. An upcoming due date is no match for these timelines. A line of credit from any lender is a uniquely flexible way to borrow money and pay your bills. With longer terms that include only a minimum payment of your balance, it gives you the freedom to pay for multiple bills with disparate due dates.
Because let’s face it — your plumber and auto mechanic rarely convene to decide on a mutual date to charge you. It’s unusual for any of your debtors to choose a date that’s convenient for you. A line of credit is a practical option for the real world when you’re at the beck and call of another’s schedule. There are no inconvenient repayment terms that make it difficult to pay for all of your responsibilities. Once a line of credit is at your disposal, you can pay off one contractor at the beginning of the month and still have money left over to pay for car repairs at the end of the money.
If that sounds like something you need during the onslaught of bills, it’s time to look up your options of lines of credit. Their size, rates, and fees will differ from lender to lender, so take the time to shop around and find the best deal for your situation.