Are you Looking for a local loan in Denver asap? Try to stay away from local loan sharks as they can jeopardize you and your family. So even if you have bad credit you can still get a bad credit installment loan and not have to worry about somebody breaking your legs if you’re late with a payment. A bad credit installment loan is better than a payday loan as the repayments are spread out over a certain amount of time. Giving you the time to catch up on your bills.