The basic thing about having a bad credit is that sometime you really need the money and you are not able or being rejected by traditional lenders which is not a nice thing to do. If you have a bad credit history it means that you did not payed your bills in time and because of that the lender is risking to give you some money - traditional lenders like banks and credit unions are not going to give you any money, becuase their business is to make money, not to lose the money they would give to you - also, they would give money to the people who have a good credit, because they are good borrowers and they could get back the money and a little interest to, which is very good for their type of business. 

   Payday loans are one type of loan you could get right away, suposing that you really need those money fast, and you have a bad credit to. Also, you have to know some tricks about payday loans and try to find them as an alternative when there is no other alternative in your mind. 

   Payday loans you could find online (you could apply online and get the money) and they work by showing some kind of income/net worth in order to be sure how much money they could give to you and you could give back (with interest to). It's better to check and recheck all kind of payday loans lenders in order to be sure you choose the best option in your situation.

      As I've been saying there are a couple of thing you need to show in order to make all the things right. There are basicaly two type of loans in this case and let's talk a bit about it:

• unsecured loans: in this case you need to show some sort of regular income/net worth in order for the payday loan lender to know that you're going to pay the money back and you are not such a risky thing after all. If you are a risky thing after all, you may find it a lot difficult in order to get the money you need fast.
• secured loans: in this case you need to have a collateral and because of that you can fall into the fact of being take the asset, sold and you remain with the money and no asset. Most of the people won't choose a secure loan because of this fact - if you have a bad credit then your financial situation could be also bad and because of that you could lose the collateral if you don't pay to much atention or you don't have a regular job about it.

   Also, payday loans could be another way/alternative for you to regain your financial control, when you have no money to pay all your debts, but you need to be sure you know all about them and before getting a loan you don't make any other mistake. It's better to read more about them and do a little of research in order to be sure you do the right thing for you. Be careful about the interest rate - in this case interest rates could be insane and you always have to be sure to check it before getting some loans you could not pay in the future - think if you really need those money and do not let the rush and need to decide for you, you have to decide for youself. It could be better just to start improving your credit score that in the future you could take some money from traditional lenders withou any more problems.