Residents in Amarillo, Texas, are seeing the many benefits of short term loans as they look to make ends meet this holiday shopping season. KFDA-TV reports that short term lenders are seeing an uptick in the number of customers looking for the nontraditional credit source. "Our numbers do show at least a forty percent increase from November to December," Paloma Vargas, store manager at Check N' Go, told the news outlet. A number of these consumers were turned away from loans at a bank, but are looking for some way to pay bills and buy presents for people on their shopping lists this holiday. Additionally, the people seeking short term loans have come from all walks of life, says the news source. "People have no credit, bad credit, they've been divorced and banks won't loan them money at all," David Erwin, owner of Erwin's Pawn Shop, explained to news station. "That's where we come into play." Although short term loans often come with high interest rates, they are short-term arrangements that are typically paid back in a few weeks. The short time frame of these loans makes the interest charged on the money manageable.