Finding yourself against the financial ropes is never a fun position to be in. When the need for quick cash arises, the lure of an immediate loan can seem like a lifeline. But, as alluring as it may be to take the leap, diving headfirst into a loan without a thorough understanding can cause more harm than good. Let's take a chatty, informative journey through some of the biggest loan pitfalls to avoid, so you can keep your peace of mind and wallet intact.