Short-term loans are lifelines for many Americans
America’s economic shutdown, with its layoffs and business failures, could wipe out 5 to 6 million jobs in March alone, according to at least one estimate.
Many people will have to take a pay cut or get their hours reduced. Many who don’t lose their jobs will have to live with salary cuts or reduced hours. Those at the bottom of the economic ladder will be hurt the most and are likely to find themselves in circumstances in which their income can’t meet sudden financial needs. S
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