Consider a student who got admission in a reputed college and needs money to pay the admission fee. As the due date is close, he has to ask money from someone. But whom does he approach? If he approaches the online moneylenders, he is sure to get his fee money as loan within 24 hours. The online moneylenders are offering quick loans to students so that they too can meet their urgent expenses. They have named the scheme as quick student loans.