Are you often refused for new loan due to poor credit score ratings? Are you finding difficulty in getting reliable source for extra funds? Then you can probably think of short term bad credit loans, as it helps you in satisfying your short term financial need. DO LENDERS ASK FOR ANY SECURITY AGAINST SHORT TERM BAD CREDIT LOANS? Short term bad credit loans are unsecured loans where the valuable asset of the borrower is not pledged against the loan amount. One would receive the desired funds on the basis of his repayment ability, need and monthly income. It is advisable for every borrower to repay the whole loan amount on time; otherwise they will face harsh consequences in the form of increased interest rates, penalties and other charges. WHAT IS THE ELIGIBILITY CRITERIA FOR APPLYING FOR SHORT TERM BAD CREDIT LOANS? Any borrower with the citizenship of Canada and age of 18 years is eligible for applying for short term bad credit loans. He must have a verifiable monthly incom