Why you should consider personal loans during the coronavirus pandemic

Personal loans could help cover unexpected expenses with lower interest rates. (iStock)

Millions of Americans face unprecedented personal finance concerns as the coronavirus pandemic continues to affect unemployment rates months after the first case of COVID-19 was reported in the United States.

The Federal Reserve took steps in March to encourage consumer spending by lowering interest rates to near 0%. Rates have stayed low, and projections suggest that the interest rate will remain near 0% until at least 2023.

If you’re considering a personal loan, now may be a good time to move forward so you can take advantage of low rates. Get started on the application process today.

If you still want to do more research before taking out a personal loan, read on.

What is a personal loan?

Personal loans allow you to borrow funds from a lender to use for any expense. Typically, personal loans

Read More

Womack to replace Graves on Financial Services subcommittee

Rep. Steve WomackStephen (Steve) Allen WomackOn The Money: Trump gambles with new stimulus strategy | Trump cannot block grand jury subpoena for his tax returns, court rules | Long-term jobless figures rise, underscoring economic pain Womack to replace Graves on Financial Services subcommittee Ex-CBO director calls for more than trillion in coronavirus stimulus spending MORE (R-Ark.) is set to take over as the top Republican on the House Appropriations Subcommittee on Financial Services and General Government, replacing outgoing ranking member Tom GravesJohn (Tom) Thomas GravesOn The Money: Trump gambles with new stimulus strategy | Trump cannot block grand jury subpoena for his tax returns, court rules | Long-term jobless figures rise, underscoring economic pain Womack to replace Graves on Financial Services subcommittee Is Congress reasserting itself? MORE (R-Ga.).

Graves stepped down from his congressional seat on Oct. 4.

Though fiscal 2021 began last week, Womack may have a

Read More

How The Pandemic Offers An Opportunity To Use Digital Tools To Drive Business Improvement

Tom Niehaus is Executive Vice President, North America, at CTG.

Former British Prime Minister Winston Churchill is often credited for saying, “Never let a good crisis go to waste.”

The Covid-19 pandemic undoubtedly qualifies. Over the past few months, many organizations have had to go into extreme lockdown mode, at least temporarily, and adjust the way they work as they scramble to remain viable.

The temptation in a situation like this is to hunker down until the crisis passes and life goes back to “normal.” Yet, times like these also present an opportunity for leaders with vision to seize the high ground. Because when things are already rough, it is often easier to make changes to processes and digital technologies that would meet strong resistance in better times. 

We already see this occurring in some areas. For example, many organizations that are dependent on direct interaction with consumers,

Read More