The word "Cheap loans" sounds like freebies, everywhere you turn these days there is someone vying for your custom, in the newspapers, on the television, on billboards or through your front door. People wanting to lend you money for; home improvements, a new car, a holiday even. The market is currently flooded with companies all competing for your signature on taking out a loan; this abundance of competition can be to your advantage. With the rise in consumerism , the marginal propensity to consume has increased and so does standard of living ,so everybody is eyeing for something to bridge the gap between income and expenditure at the lowest possible cost. Though borrowing money is not an easy decision but there are times when loans are a necessity. Cheap loans are provided for every circumstance and reason.

As one size doesn't fit all , Depending on your circumstances and interpretation of cheap loans, what can be cheap to one, may not be to another. The word