A bad credit payday loan is a type of short-term loan designed to help borrowers overcome a temporary financial crisis. These loans are typically small, and the interest rates and fees are high. However, they can be helpful in a pinch if you need money quickly and have bad credit. Before applying for a bad credit payday loan, be sure to compare rates and terms from different lenders. It's important to choose a lender that offers fair rates and flexible repayment terms. Also, be sure to read the fine print before signing any agreement, so you know what you're getting into.