I will agree if you volunteer and will not expect payment from your hardwork!  I don't think loan is a scam.  Reason is that they are the one giving you the money that you DON'T OWN and just add a certain interest per month.  If you look at the scenario, bank system involves peolple that needs to be paid, operation bills like electricity, water and maintenance.  If they offer loan for free, where do you think they will get their payment for their staff and oher payables?