As we have said already before, the advantages of quick loans are many and suggest that it may be the perfect way to get fast money. But we must take into account the disadvantages of quick loans before requesting them, to be sure that it is the financial product we need.

The disadvantages of fast online loans are the following:

Disadvantages of Personal Loans

  • Requires credit history and good credit score
  • Interest rates are usually high
  • Part payments not allowed

Disadvantages of Fast payday loans

  • Steep interest rate
  • Great risk of being stuck in bad debt when a payday loan is not paid in full and on time
  • Short repayment course
  • Vague terms and condition statement

See a lot more details to page Online loans – examples and comments


Are you an United States resident? Do you need Fast Funding – Getting you the money you need now? Do you want it at Lower Interest – More affordable than payday loans? And would you like to get it with a touch of Personal Service – Friendly one-on-one support? Get up to $4k by tomorrow – check the offer right now ! (Offered by OppLoans Personal Loans)
Are you an United States resident? Need a Personal Loan? No matter the reason, we can help you find lenders that are or under 35.99% APR. Target: 18+ only, US only, No military, No benefits, Income: $800+, FICO: 540+. Excluded States: West Virginia, Virginia, New York, Arkansas.
Apply now to get an offer – this will not affect your credit score in any way! (Offered by LoansUnder36%)
latest posts - no image