Not everyone is blessed with good credit, which can often make approval for a loan challenging. However, the good news is that there are companies that specialize in loans for bad credit, and your application won’t be judged on your credit history or score. You’ll need to verify your income and ability to pay back the loan, and also supply basic personal information and bank account details, but applying for a loan is simple. Many lenders have an online application and approval system, and often you’re approved in just a few minutes. The funds are then available in your bank account, or you can sometimes choose from a line of credit, allowing you to access funds as and when needed. There aren’t any restrictions on what you use the borrowed money for, whether it’s to pay that large medical bill, or for essential car repairs.