Got money worries but don’t know where you are going to go for the loan you need? If you have a bad credit rating then you will find it difficult to find a lender who is willing to deal with you as they will be aware that there is less chance you will be able to repay. High street banks like to work with consumers who represent very a very low risk, they are after all in the business of making money. Thankfully there are options available for those of us are a little less than perfect when it comes to managing our cash.

Payday advance are the most popular option for quick cash at the moment, and for good reason. They are super easy to get your hands on thanks to the fact that these lenders are simply looking borrowers who are in full time employment and over 18 years old. They are not interesting in finding out about your credit history, as long as you can repay them when you get your next paycheck.

The down side of the payday advance is the fact that they are so short term, you will generaly have to repay a only a few weeks. This means you can also only get access to a small amount, with most lenders imposing a limit at just $1500. They are great in the case of most emergencies but if its not enough you’ll have to look elsewhere for help.

FOr those bad credit loans that need to be taking out for a long period of time, and in bigger amounts, you might want to take a look at log book loans. These products are secured on the value of your so you will be able to get more cash, usually around half the market value of your vehicle.

As you have probably guessed, these bad credit products are much more expensive then the loans you would get from your bank. Its for that reason you should only use them in a real financial emergency, as using them on a regular basis has been known to get people into even more trouble.