Many people are faced with financial difficulties and find it difficult to put bread on the table for the family and roof over their heads. The great recession that happened between 2007-2008 still has its telling impacts on the families in the United States. When people find it difficult to go about their daily lives an emergency situation can mean a disaster for many. Tackling emergencies require money which people do not have with them. Getting instant cash from banks is also not a possibility due to their policies. Bad Credit Loans When faced with emergencies and if you have a bad credit you can never get a loan from your bank. This is when you can choose to apply for installment loans for bad credit with certain companies that offer them. Despite having a bad credit history, you can avail these loans by providing them with the proof of your income that is steady. Once these companies are convinced about your ability to repay them, they would not have trouble approving your loan. Other Requirements Apart from your steady income they would want for you to provide them with other details. You should be over 18 years of age, be a legal resident of the country, have a working bank account, and provide them with valid contact information. Who Can Apply? If you are able to satisfy the above-mentioned criteria you can choose to apply for the loan. Basically, anyone who has a need for money to take care of any needs can go about applying for these installment loans for bad credit. Is the Application Process Easy? The application process is by far simpler when you consider what you have to go through with banks. Everything can be done over the internet and the approval comes to you in about 24 hours. This means you virtually have zero wait time to get cash in your account.