http://www.maydaypaydayloan.com/loan/personal-loan/bad-credit-personal-loan/ A bad credit personal loan will give you access to cash that you might not otherwise gain. But think about it - you're applying for a bad credit personal loan. Do you think your lender isn't watching you? en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 If you're applying for a bad credit personal loan you already have two very significant strikes against you: You don't have enough money to make ends meet until payday - you're desperate for cash You've exhibited poor financial judgment in the past, and you will be willing to take whatever deals you can get. The payday advance provider is an insanely hungry, insanely greedy species of lender. They'll give you the bad credit personal loan you are asking for, then they'll rip your intestines out and slice them wil dollar bills until you come up with the repayment. A bad credit personal loan is the worst kind of torture In theory, a bad credit personal loan should cost the exact same as any other payday advance - most lenders don't even ask for credit checks, and they charge no additional fee for bad credit. But they'll know, your personal record itself, past history with payday loans, reflects your credit standing. that standing is a sign that you will not be able to come up with a timely repayment - which means big bucks for the payday loan providers because every delay you create they can charge you an additional roll-over fee. Not like other bad credit opportunities Making a bad credit personal loan the exact same thing as a good credit loan - and available to everyone regardless of credit standing - might seem like a good thing at first. There are a lot of people desperate for fast cash, most of them will have bad credit, supply and demand. But these are the people who should NOT be given the opportunity to borrow against their paycheck. They've already shown that their usual incomes are never enough to get them through a pay cycle, and when you give them free access to a bad credit personal loan they will have to pay extra for that already insufficient income. These are the cycles making payday advances an emergency situation across the country. Sat, 26 Jul 2008 15:00:00 EDT