Like the old saying goes, nearly everything is fine in moderation. When consumers are in need of financial assistance, the same rule should be true. When seeking short term loans or other forms of nontraditional credit, borrowers should take out loans responsibly. Consumers should make sure that when they are taking out money in a short term loan, they are only borrowing money that they can afford to pay back right away. Unlike a traditional loan, in which payments are spread out over time, short term loans function differently. "You are required to pay the loan back in full on your next short term or at another agreed time," writes Vincent Rogers, a contributor to Articlesbase. Due to this fact, consumers are urged to only apply for a short term loan when they really need one. Borrowing should be reserved for emergency situations when customers have exhausted every other option, not for buying something frivolous. If the money needed can wait until the next pay period, it is probably not the right time for a short term loan. "As long as you are applying for the right reasons and are fully aware of the associated risks of accruing debt, then a short term loan offers a quick and safe short-term borrowing solution," says Rogers.