There are times when individuals need money immediately – whether it is for monthly bills, a credit card payment or paying off a household item. Whatever the case, some payments are required by a certain time period and luckily in the United States, there are agencies that offer loans to even those with poor credit, PR Fire reports. According to the U.S. Bureau of Labor Statistics, the unemployment rate during 2009 peaked at 9.9 percent and currently stands at 9.1 percent – the highest such rates since 1982, when it was 10.8 percent. These figures don't take into account those not filing for unemployment claims, nor the portion of the population that only works part-time, which may make such individuals more dependent on short-term financing options. Short term loans for bad credit holders are short term loans that serve as fast cash for those in need of money immediately. For those currently unable to finance all their bills, short term loans are a means of getting by until a full-time job is found. The Obama Administration, in light of the economic and workforce struggles, hopes to enact the American Jobs Act to increase job growth and feed money back to small businesses.