Personal Finances in a COVID-19 Economy

Undoubtedly COVID-19 has affected personal finances in 2020. The outlook continues for the near future with the uncertainty of the current market. Keeping strong credit and having verifiable income can be a great asset in a shaky economy.

Free up your cash for liquidity

Assess your current spending habits to see if you can free up money and save more each month.

Keep your credit score up

Banks and lenders have raised their credit standards. They are more conservative in lending since the Great Recession.

Shop around for rates

If you are in the market for a personal loan and have great credit, know that there are options available but it will require research and patience on your part.

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