Money loans are short-term personal loans that can be obtained quickly and with the least amount of documents required from the borrower. Typically, private investors provide funding for these money lenders, who lend comparatively less than more established organizations like banks. For the repayment of past-due bills, EMIs, trip arrangements, festival shopping, unexpected medical expenses, large purchases, or any other scheduled or unplanned event, one may choose to apply for an immediate money loan. Other names for this kind of loan are rapid loans, instant loans, and personal loans.