Are you having a financial emergency? Do you need fast cash? But what if you have bad credit?  I've got some good news and some bad news.  First the good news: you can get a bad credit fast loan.  Now here's the bad news: it comes with high interest rates.

But the companies that offer these loans will lend you up to $1,000 without doing a credit check.  And the money can be in your bank account within 24 hours.

A quick online payday loan is intended to fill a gap between the amount of money you have now and the amount of money you need before your next paycheck.

There are tons of online lenders that will lend you the money.

• Most of them will wire you from $100 to $1,000 within one business day.
• Need the money faster?  Then find a payday loan company that offers faxless payday loans.

And if you get a faxless payday loan you can do everything from your computer.

The fast loans bad credit companies will ask you to fill out an online application.  It takes most people only about 10 minutes to fill one out.

In a couple of minutes you'll get an email or a phone call to verify you're who you say you are.

Then, as soon as they verify your employment and banking information, they'll wire the money into your bank account.  Then, when it's time to repay the loan, they'll debit what you borrowed plus interest from the same bank account.

Because the interest rates are quite high - they can range anywhere from 10% to 30% of the amount of money you want to borrow - most people will compare the rates at several payday loan companies before applying to the one with the lowest rates.

These payday cash advances can look like a lifesaver.  But because the interest is so high, most people will only get these loans when a true financial emergency arises.