few minutes. Text message loans are available when an account is set up through text loan companies and personal information is verified. This verification process is usually quite quick and individuals can receive small amounts of money within one day. People with bad credit often have difficulty finding a loan that they are qualified for. Some companies will not loan out money to individuals with bad credit, but there a lot of companies that will loan out money regardless of credit scores. Bad credit loan companies often advertise their willingness to loan funds and applications for these companies can be found online, just like other lenders. These companies may have higher interest rates than other lenders, but monthly payments will only be a bit more. Also, bad credit loans help individuals build their credit and this can greatly help out in the long run. Better credit scores allow people to apply to other lines of credit and scores will continue to increase when all bills and loans are payed on time.