Lenders are generally expected to reject loan applications when the applicant has only poor bad credit ratings to show in their credit histories. It is all a matter of risk, and how the chances of a bad credit borrower defaulting on the loan higher. Thankfully, times have changed and unsecured personal loans for bad credit borrowers do exist.
Of course, this may be understandable when the size of the loan is small. But even when seeking approval on large loans, and most particularly with no collateral, lenders are willing to take a leap of faith. Convincing the lender that the transaction is genuine, and the repayments will be made, is the secret to the whole thing.
Still, getting approval on an unsecured personal loan is never guaranteed. It is always necessary to first satisfy the necessary criteria, and then pass the most detailed examination. If the purpose of the loan reflects admirable qualities in the applicant, then getting the green light is likely.