But it can only be used for specific cases, unlike with loans where you can mostly spend it where you want.
(e.g. Child Care Subsidy, Health Insurance Subsidy, Subsidized Housing etc)
Exactly, even if I get a subsidy I can not spend them on things that I want, most of us take a loan is not always to gamble or do somthing bad but sometimes also to develop our business or anything unexpected happens in our lives, and it's proccess is quite fast, in my area you can get loan only in couple minutes
If you can get a loan in a couple of minutes, it means that you have sufficient assets to back up the loan.
Subsidies, on the other hand, are given by the government to people who need help.