Some of the loan providers maintain a local agents structure which gives you the opportunity to meet with their representative, which is called loan agent and discuss your loan options. The loan agent will collect your personal information and guide you through the application process.
Usually the loan agents are operating in the same area in which you reside or work, so they can assist you through your loan application in quickest way.
In most cases if your application is approved you will receive your cash directly from the agent and he will be responsible to collect the payment back on the due date.
However, despite the frequent contacts with the agents bear in mind that the agents are employees of the companies and protect the company’s interests.