Reputable personal loan lenders subtract fees from your approved loan amount. Any fees the lender charges should be clearly stated in your loan contract. All of your fees should be the same on the paperwork you sign as they were at final approval. Watch for extra fees like funding, closing or administrative fees that weren’t originally disclosed. If a lender pressures you to sign papers with more fees than you expect, you always have the right to cancel.Legit loan companies don’t charge upfront fees. Ever. ...