Today, the world is your oyster. As a single mother, struggling perhaps, you may find this hard to believe. But it is all true. Yes, you are quite right; it was not the case for your mother, also single; bringing you up, at some stage of her life. Especially since the last 2008 financial crisis, things have turned dramatically in your favor. And no matter how hard new administrations try to unravel the good work done by the previous regime and both houses on the Hill, it would take years to reverse the positive legislation that now empowers you to access vehicles when you need financial help now.
Not tomorrow, not next week or next month, but now. Previously, before they started acting recklessly and went belly up, putting many distressed families out of their homes, banks and their representatives never understood the essence of their fee-paying clients’ sense of urgency. It did not matter whether parents wanted to put their children through college, or improve their lives by securing their own homes in a better neighborhood.
Today, government officials are more acutely aware of the need to service the needs of hardworking tax payers like you. They know that they are obligated to serve you. There is a moral obligation to guide you with sound advice, legally constituted, and provide you with accurate information on the vehicles open to you to access affordable loans and lines of credit. They are now acting responsibly. But you need to act responsibly as well.
Do make sure that you apply for and schedule a loan only for those things that you really need, like purchasing your own home, starting up a business and financing your children’s future college fees.