The monthly interest rate charged by Kabbage starts at 1.5%, which is comparable to the fees charged by Fundbox. Like Fundbox, Kabbage considers each draw a new loan with its own repayment terms. However, unlike OnDeck, you can reduce the overall cost of the loan by paying it early because your fees are assessed on a monthly basis instead of upfront.
Often, what happens is that we run into unscrupulous Internet Marketers (IMs) who have less-than altruistic intentions of extracting money from you rather than helping you to make it. However, this isn't something new. People have been falling for networking marketing, pyramid schemes, and affiliate marketing scams since before the start of the net.