What are the differences between bad credit loans and payday loans? This question is often asked on internet financial blogs. In general, the information written about are right. However there are some of poorly - penned articles. That is why it is important to consult a IFA, as they are able to supply right advice. Also, they won’t attempt to promote products which you don’t want. One recognizes the type of product-pushing online: ‘bad credit loans!’ They surely are worth researching - in a nutshell they are regular loans however have a steeper interest rate, due to the fact that they are available to individuals who have a poor credit score.