I don't really like this name, bad credit loans, it sounds negative, like the lenders are doing something wrong, witch I think it is not the case, the lenders do something positive, for them of course. I would want to know who started this whole madness with bad credit loans and payday loans. I think that man should be givean an award for thinking of such a grea business. The ideea is pretty simple, when in crysis people need money, smal amounts that no bank will give, we make some lending offices and give people between 100$ and 500$ simple as that. When the bills will start to bother you and you won't have any money you will go to bad credit loans lenders and get your money. The sad part will have to be the huge interests that people will have to pay afterwards.
Please keep in mind that bad credit loans are not cheap, in fact they are quite expensive!