Hello! When obtaining a loan, it is very important to read and understand the details of the loan agreement. This includes fees, penalties, and repayment terms that can have a significant impact on the overall cost of a loan. Fees may include creation fees, application fees, and prepayment fees, among others. These fees can add up quickly and add to the overall cost of a loan. By understanding these fees upfront, you can make an informed decision about whether a loan is right for you: More one is am one legit. Penalties such as late fees and late fees can also increase the cost of a loan. It is important to understand these penalties and the circumstances under which they may apply.