Those repayment that is short вЂ” talk by what those are and exactly why theyвЂ™re dangerous. Liz: All right, sounds good. Hey, Annie, welcome to the show. Annie Millerbernd: happy to be right here. Thank you for having me. Sean: Hey, Annie. I want to establish you here. Our listener Michelle has to fix her automobile, but sheвЂ™s quick on money and her credit just isn’t great now. SheвЂ™s hoping to get a little personal bank loan to pay for the price, but sheвЂ™s not sure that’s the choice that is smartest. So to begin, is it possible to explain exactly what a small-dollar loan is and exactly how it is distinctive from other forms of loans? Annie: Small-dollar loans are loans typically under $2,500.