Different opinions here.
I am not for loans for the providers because of the interest and no return on investment either for the sake of health or building self net worth on assets.
The APR, nowadays, will depend on your credit score. Good or lower score will give the lender authority to lend with higher apr.
In reality, making a loan for pussies, sorry to be frank, is on the "Stupid" list.
If you make a loan for a week vacation and take out small portion for a specific purpose, maybe.