Short-Term Loans are easier and faster to obtain. It is very convenient when you need to cover important costs. Thus, the access to short-term loans is substantial to people who have no other options for borrowing money they need. To continue having access to short-term and other types of loans, the borrower needs to make sure to repay the entire loan in full, including the fees and accrued interest.
The other important aspect of responsible borrowing is taking the exact amount you need to avoid paying higher interest rate or fees. Always remember that the more you take, the more you should pay back.