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Online lenders come in all shapes and sizes. Some are totally reputable and do business fair and square. Others are sham shops set up to separate fools from their money. If you are considering a guaranteed online loan, you need to do some "due diligence." Due diligence means you need to check up on the company you are considering doing business with. How long has it been around? Does the site include a contact address and telephone number? If so, verify them with information. Is it a member of the Better Business Bureau's online certification program? If so, check with the BBB to make sure there are no complaints against the company. Is the company asking you to pay fees up front before rendering any services? If so, go somewhere else. Are the interest rates being offered in line with going market rates? If not, go somewhere else.