Taking a loan is a tremendous responsibility and you should understand all the risks involved. An uninformed and hasty decision can cost you a fortune and transfer your life into a horrible financial nightmare. No one wants to find himself in the unmanageable debt pit, so before applying for the personal loan, first of all, it is vital to find a reliable lender. Unfortunately, there are lots of financial scammers looking for easy money, so in order not to be fooled you should be able to recognize the main features of the untrustworthy lender. Here are a few of them.