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Emergency loans can be the Answer to the Financial Crunch During the COVID-19 Crisis

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Everyone thought that 2020 was going to be their year, but that wasn’t the case. The COVID-19 Pandemic had different plans in store. Most of the countries have been under lockdown since the coronavirus crossed the borders and traveled across countries.

Schools, offices, courthouses, restaurants, parlors, and gyms are closed. Even though people are happy to spend time at home, it is started to affect them financially. The world economy doesn’t look so good and is crippled, to be honest. In this dire financial situation, people are worried about paying their bills.

Many have lost their jobs, and many haven’t received salaries. There have been salary cuts as well. People are struggling to make ends meet after being out of work for months. Nobody has any idea when the lockdown will ease, and things will go back to normal. Until then, everyone is to stay home and stay safe.

Under these circumstances, there are ways in which people can deal with the financial crisis. The state and the federal government are doing everything in their power to provide relief to anyone who is suffering from financial hardship due to the lockdown.

People who had been wise as to open an emergency fund can use that money to go through these tough times. One can also ask their bank or credit union whether they have borrowing options available.

Creditors also have provisions for customers during hardships. And some are even offering bad credit loans guaranteed approval to help in these times. They can temporarily reduce your interest rate or payment amount, or pause your payment. If this does not work out, then you can get a credit card with a 0% annual percentage rate so that you can avoid the unnecessary interest.

The last resort is taking emergency loans. You can always borrow money from family, but it can create an unnecessary rift. There are many lenders out there who can offer you with emergency loans, no matter how small or big.

Jenny is one of the oldest contributors of Bigtime Daily with a unique perspective of the world events. She aims to empower the readers with delivery of apt factual analysis of various news pieces from around the World.

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World

Swiss International University Granted TAG-EDUQA Accreditation Under AROQA Quality Framework

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Swiss International University (SIU), an institution of higher learning that is recognized internationally for its unique strategies in teaching, is pleased to announce its provisional recognition with TAG-EDUQA. This award belongs to a small number of universities that have achieved the high level of academic quality required by the Arab Organization for Quality Assurance in Education (AROQA). The milestone supports SIU’s mission to provide affordable, high-quality education to students in the United States and around the world.

The accreditation was headed by HH Dr. Talal Abu-Ghazaleh, the distinguished Arab business figure and a leading reformer in education, who is also the chairman of TAG-EDUQA. Further elevating the importance of accreditation news, the Secretary-General of the Arab League is Honorary President of TAG-EDUQA, indicating the regional and global recognition of this accreditation.

This achievement demonstrates SIU’s commitment to academic quality, value, and the experience of students. It is a major move in the university’s strategic vision to expand its footprint throughout the Arab region and in the wider world of education. The accreditation by TAG-EDUQA is a testament to the academic integrity of the programs at SIU, and it will further internationalize the recognition of the degrees and diplomas offered by the university.

Derya Briand, Academic Program Director at SIU, is delighted: “This successful outcome, at the first attempt, is an outstanding achievement, surpassing our expectations. It supports the high academic standards that we have now, and it ensures that the next generation of students will receive the benefit of that quality. Our ongoing pursuit of NEASC accreditation also demonstrates our commitment to being part of a global community while integrating the values and ideals of local educational institutions.”

The accreditation is a key element of SIU’s strategy to develop academic programs at the University and establish valued international partnerships. The university is a key member of an international education alliance championing cross-border academic collaboration. SIU collaborates with some renowned institutions, like the OUS International Academy, Zurich ISBM International Business Management School, Lucerne International Vocational Institute, Dubai ISB, and their own campuses in Bishkek, Kyrgyzstan. These partners are working to form a new educational model centered around inclusiveness, academic success, and multiculturalism.

The accreditation of SIU exemplifies how universities can balance the demands of local and international academic aspirations, especially given the growing importance of quality assurance in Arab higher education. As more Arab students actively search for internationally accredited institutions around the world, SIU’s commitment to student-centric learning, ethical leadership development, and international career preparation has received tremendous backing from accrediting bodies and education pioneers.

Moving forward, SIU is dedicated to improving its academic standing, increasing its global presence, and continuing to provide affordable, high-quality education to students around the world. The TAG-EDUQA Accreditation, stemming from AROQA’s stringent quality guidelines, will significantly contribute to these aspirations and enhance SIU’s position in the international academic landscape.

This success represents a ringing endorsement of SIU’s leadership in contemporary education and our continued commitment to providing cutting-edge, relevant, and forward-looking academic programs that meet both local and global needs.

For more information, please visit the official website at www.swissuniversity.com.

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