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How to Deal with your finances during a COVID-19

This is an unprecedented time of trying to manage our lives, take care of our loved ones, help neighbours and strangers, and somehow make ends meet with the income we have left. Concerns over the economic impact of COVID-19 are very real; no matter who you are or where you live, this is one crisis no one can escape. The good news is that those in positions of authority, influence or capability are doing what they can to help.

Part of managing through the crisis financially is to ensure we’re looking after ourselves in other ways too. Our physical, psychological and emotional health will play a role in our financial health, and vice versa. There are also a few different ways to approach getting the help we need. From income support to reduced spending and creditors adjusting payment requirements to give us some breathing room, the combined effect of all three will have the greatest positive effect on our overall situation.

The bottom line on managing through a financial crisis

When it comes to surviving a financial crisis, there is no shame in asking for help, leaning on those you trust, and helping others as best you can. And the coronavirus (COVID-19) is a bigger crisis than most of the world has dealt with in a very long time. We are all in this together — individuals, families, communities, businesses big and small, and all levels of the health-care system and government. Sticking together and helping each other out is really the only way we’ll overcome it successfully.

Need Urgent Help?

Magna Capital Group, Inc. provides equity based private and hard money loans for residential and Commercial properties for subprime money borrowers. For more info please visit our website www.magnaloans.com.

Magna Lending Service offers :

Private Money/ Hard Money Loans

Commercial Real Estate Loans

Residential Home loans-Purchase and Refinance

Bridge Financing

We can fund your loans in 5 Days !

Please Email your loan scenarios to Shawn Molem at Shawn@magnaloans.com for immediate response

To learn more about our financing solutions for residential and commercial properties, please call us at (310) 734-4044 or visit us at www.magnaloans.com

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