Placentia, California based consumer finance company TNL Placentia CA is reaching out to the wider community to explain the impact of the current global health crisis, caused by the coronavirus, on the economy. TNL Placentia CA provides short term financial aid to anyone who might need it, and they also have an educational program that they use to disseminate important knowledge among the communities they serve. More information about TNL Placentia CA can be found at the following link: https://www.thenetlender.com/locations/auto-title-loans-placentia-ca-1717.
A representative for TNL Placentia CA says, “Whenever there is a global health crisis, you can always expect it to have an impact on the economies of countries around the world. Take the recent coronavirus outbreak in China that has now spread to other countries. Its impacts are now being felt across the United States in several forms, one of which is the fact that mortgage rates are being severely affected.”
Information shared by TNL Placentia CA shows that yields on US Treasuries are falling to their lowest levels since October, caused by the fact that investors are retreating to safe-haven asset classes amid an increase in reported cases of the coronavirus around the world. According to a national survey of mortgage lenders by Bankrate, this increase in bond-buying could actually send mortgage rates even lower than the current rate—3.7% for 30-year, fixed-rate loans, which is already too close to the record low set on the 5th of December, 2012 at 3.5%.
Further, TNL Placentia CA’s data shows that the 10-year Treasury yield, which is closely related to mortgage rates, fell by 0.07 percentage points recently to 1.61%, according to Bloomberg. There has also been a drop in stocks, with the Dow Jones Industrial Average plunging more than 400 points.
TNL Placentia CA’s spokesperson says that investors around the world are worried that economic challenges posed by the illness will severely impact the global economy in a manner that is hard to recover from. They comment “If things keep going the way they do, people around the world will find that they are facing some really tough times. This crisis will impact a lot of jobs, and that can lead to a lot of financial hardship for the common person. People across America may find themselves in emergency situations where they need funds quickly. In such a situation, we want you to know that TNL is here to help.”
TNL Placentia CA, like TNL’s other locations across the country, provides residents of Placentia and the surrounding areas with a quick and easy method to get the money they need using their car titles as collateral. The company asserts that they offer fair rates and are willing to work with their clients to create a plan that allows them to make repayments in time without adding to their financial hardships. The company’s spokesperson says, “In times like this, TNL is here to help. We aren’t looking to make things harder for you.”
The services provided by TNL Placentia CA and their commitment to their clients have earned them a lot of praise. In a review found on the company’s website, Jill Banner says, “I came in directly after my work shift and was worried, due to the time restraints, about getting my financial aid processed in time. Everything went smoothly and quickly but, most importantly, efficiently. Very friendly staff. I would recommend TNL for any person who needs money quickly.”
Meanwhile on the review website Trustpilot, TNL has a rating of 8.1 out of 10, and a review by Andy Jones reads, “I was in desperate need of cash—I had some financial problems that I won’t get into… life happens. I called around a few places and was not getting much help, and then I decided to call The Net Lender. I had a professional staff person explain the process and got the cash I needed the same day. I highly recommend this company.”
Those who want to learn more about TNL Placentia CA and the various services they provide are welcome to visit the company’s website. Additionally, they encourage interested parties to get in touch with them directly via email or phone. Alternatively, the company can be reached through the contact form on their website. TNL Placentia CA also maintains a presence on Twitter where they frequently post updates, share blog posts and communicate with their clients. More information about the consumer finance company can also be found at the following link: https://goo.gl/maps/FPNiGWxUwC5xTv6t8.
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For more information about TNL Placentia CA, contact the company here:
TNL Placentia CA
657-315-1717
101 S Kraemer Blvd, Placentia, CA 92870
