Get Cash Loans and the Single Parent

Written By tordbezz4 on Friday, September 27, 2013 | 11:37 PM

Get Cash Loans and the Single Parent
With divorces happening to one out of every two marriages in Canada, and even in other industrialized countries like the United States, many single parents are left to take care of children borne out of the dissolved marriage. The saddest part of it is that half of these children will never see their other parent, hence, will not receive child support.


Finance Sources

So, what is a single parent to do especially in these financially difficult times? Well, when push comes to shove, cash loans offer a solution. After all, these payday loans can be quickly availed of with a minimum of fuss and can offer short-term solutions to short-term problems.

However, cash loans, are not and should not be the only solutions for cash-strapped single parents who must single-handedly raise their children. Besides, if you are not careful with the way you handle these short-term loans, you will have a long-term problem on your hands.

Anyways, single parents can avail of social welfare assistance from the Canadian government, both at the federal and provincial levels. Of course, there are requirements to qualify but once accepted into the programs, you might just be able to forego applying for cash loans even for just a little while.

There are also non-government organizations that are helping single parents. Often, it's a matter of expanding your social network to be able to be introduced to these support organizations.

And of course, you can always turn to your family and friends for loans. At the very least, you don't have to accomplish paperwork and you might even get a reprieve from interests and prompt payments. The important thing is that you maintain cordial relations because, like it or not, you owe them in more ways than one.

Income Sources

Now, if you have exhausted all the abovementioned means, or you want to become independent in every sense of the word, then cash loans can be your lifeline to thriving yet another day as single parent. Of course, this presupposes that you have a regular job with which to pay for the loans.

But let's face it. Your regular income may still come up short once you pay for the cash loans. Then, you have to take out the loans anew until you find yourself mired in loan renewals, which is not a good thing to happen to anybody, single parent or not.

So, what is a sensible single parent to do short of not putting food on the table? Well, find other income sources, of course! (If you did that when looking for financial assistance as discussed above, you may have saved yourself the trouble)

For example, you can turn a hobby into a side business. It need not be large and it need not be glamorous, just as long as it's a decent job and it pays extra, you ought to be alright. Or you can use the Internet to scout for work-at-home jobs that will allow you to combine looking after your children with earning extra money! At the very least, it will help you pay off your cash loans.




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