There are a number of solutions that you can opt in for at times when you need a loan. However if you are looking for hassle free services at low interest rates then the best thing to do is go in with a money lender. While there are various kinds of money lenders available in the market it is essential for you to look for a licensed money lender since they are safer and better when it comes to getting a loan. In case you are not too sure how to judge a money lender then it is a smart thing to check the licensed moneylender review ratings online to see which ones are good. If you are wondering why money lenders are better in comparison to borrowing money from a bank or a finance company then here is what you need to know.To begin with money lenders do not ask you for too many documents and even if you don’t have all your documents in place you will still manage to get the loan. A money lender does not question you about the reason for the loan and this is something that benefits you a great deal because most banks and finance companies usually turn down a loan application if they are not satisfied with the reason of the loan.Also in case you have no credit history or you have a bad credit rating moneylenders will manage to offer you loans at much lower rates of interest as compared to the bank or a finance company. Money lenders also tend through process your loan quicker than a bank or a finance company and they do not keep bothering you to remind you about the payment that is due a month later.