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The company dipped into cash assets to cover an interest expense of slightly more than $47 million in 1989.
Cash advances come with high interest rates and are difficult to pay off, so it's best to look for other options to cover an unexpected expense.
A recent Bankrate survey showed 66 million Americans have exactly zero dollars in savings to cover an emergency expense.
Would you be able to come up with $2,000 within a month to cover an unplanned expense?
Bankrate's Financial Security Index revealed that only 39percentt of Americans have $1,000 in savings to cover an emergency expense.
According to Bankrate, 57% of Americans don't have enough cash to cover an unexpected expense of $500.
While some respondents borrowed to cover an emergency expense, the majority used the funds for medical bills, debt consolidation, or to start their own small business.
One of the Fed study's oft-cited findings is that many Americans don't have enough savings to cover an unexpected expense of $400.
In 2012, the majority of borrowers, or 69percentt, used a payday loan to cover a recurring expense like a utility, credit card bill or rent.
Four in 10 adults don't have the funds to cover an unexpected $400 expense, Federal Reserve numbers show.
Recent research from the Pew Charitable Trusts found that 41percentt of households lack enough liquid savings to cover an unexpected $2,000 expense.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com