Learn Short-Term Loans is a free resource provided by Stand Strong Media. The purpose of this website is to provide you with the information you need to make an objective, rational decision regarding short-term loans. In most situations, that means you shouldnâ€™t get a short-term loan.
Unlike most websites found in search results for loans, we arenâ€™t lenders, nor are we affiliated with lenders. Weâ€™re just here to provide free information that will help you make the right decision, and avoid the â€œdebt trapâ€ that plagues so many of the short-term installment loans.
About Short-Term Installment Loans
Most short-term loans are horrible decisions â€” especially personal loans. Itâ€™s our strong recommendation that you not consider a loan until you have exhausted all of the alternatives â€” all of the alternatives.
Going into debt is the first step to financial slavery â€” unless you will be investing in your future (business, etc), then a loan simply drains your resources.
Short-term personal loans are even worse than business or student loans, because they are geared to target individuals who are desprate and willing to make bad decisions to solve for a financial crisis. Single mothers, the unemployed, the elderly, those in a vulnerable situation â€” these are the people short-term loans lenders target.
The trick is that if you miss a payment, you have to pay a huge fine â€” enough that could cause you to miss the next payment, and so on and on. This is called a â€œdebt trapâ€ and is a kind of voluntary slavery.
Education or Government?
Many people support the government banning these loans. We politely disagree. Short-term loans are financial suicide, but shouldnâ€™t be banned â€” education trumps prisons and force, almost always. Thatâ€™s why Learn Short Term Loans was founded â€” to provide education about short-term loans to those who are considering them, and make sure they know the facts.