Most of the short term loans are to be paid back within a month or so and that too in one go only. As, the loan is sanctioned simply on the basis of individual's financial standing, and the signature loans are indications to the fact that one has good credit history. Many graduates live at home to get a head start of paying off their loans promptly while others defer the loan and carry on with cost of living expenses.
https://www.microenterpriseworks.org/quick-loans.html