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These days many people borrow short term loans from either online or high street lenders and most of them are default in repaying their borrowed money but there might be some situations and because of that some borrowers fail to pay their loan back on specified time. And because of this they lose their credit rating and get a bad credit remark from the borrower. What do the bad credits mean? If it is your question then your answer is straight you might not get further short term loans with any other lender and you will be remarked for not paying due on time. It is your end at all because there are lenders who even offer loans for bad credit and you can get a chance to prove yourself once again. From these loans for bad credits you can borrow up to £ 400 at a time for a maximum of 30 days time period within which you have to repay the full amount along with interest and charges in a single payment which is also deducted automatically from your account. This type of loan is somewhat different from no credit loans because they are offered without checking the bank credit balance but these are offered without seeing the past and it is the same procedure to apply like no credit loans.