In context of loans which might be availed for a short time period period, you aren't essentially requested to present any assurance in the form of collateral. In some states, it may be troublesome trying to get one other 500 quick term loan when you have but to repay all present debts. http://oldwiki.bedlamtheatre.co.uk/index.php/Fraud_Deceptions_And_Downright_Lies_About_Short_Term_Loans_Now_Exposed