Payday loans offered by Bad Credit Loans Monthly Payments can provide quick financial assistance ranging from $100 to $1500 for those with low monthly incomes. The loans have affordable repayment periods of 2 to 4 weeks and do not require a credit check. Even those with a history of bad credit such as insolvency, late or missed payments are eligible to apply. Borrowers are free to use the loan funds as needed for expenses like bills, medical costs, or home repairs.