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Loans werent always processed in this way. Prior to 2010, in fact, guaranteed private student loans were common, and they were backed by the federal government. The private bank originated the loan, but the government would step in if the student defaulted. When this program was eliminated in 2010, some elected officials claimed that the work would eliminate all banks in the country, but that hasnt happened. In fact, there are still guaranteed private student loans available, but they work in a much different way. [link widoczny dla zalogowanych] Apply today to avoid late fees and avoid the troubles that come with having a bad credit score. Payday loans are the answer that you are looking for. Check out the next page for more information on the payday loan process . If you feel you have been the victim of a loan scam involving the Internet, contact the Internet Crime Complaint Center at [link widoczny dla zalogowanych]