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Suspend Your Loan Payments
During the pandemic, there are many bank institutions that are offering loan forbearance which helps people have more flexibility in their payments. There are other methods like balloon payments, but you would have to contact your lender to see which one is more convenient based on your current situation. If you have student loans or mortgages, try to suspend them for the time you’re unemployed. This will help you reduce expenses that you could otherwise use for more necessary things. Free Business Advertising

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