The document discusses requirements for obtaining loans for people with bad credit. Standard loans have lower interest rates than bad credit loans, which are riskier for lenders. To get a bad credit loan, borrowers must be at least 21 years old, a US resident, currently employed with proof of income, and have a checking account from which post-dated checks can be issued to cover loan repayments over one year or less. Lenders decide on loan approval within 24 to 48 hours while taking on the risk of lending to those with poor credit histories.