Many people today are obtaining bank and payday lending personal loans that are unsecured without collateral that is turned over to the lending institution. Since there are many people today who cannot obtain loans from the regular banks simply because they have bad credit. If these people would like to start all over and rebuild their credit rating, then locating and applying for small personal loans that do not require the security of collateral is one way to eventually increase their FICA score and credit. These loans will help you start all over again and hopefully rebuild your tainted credit.However, you need to know that most lenders are now increasing the requirements for loans especially for people who do not have good credit. You will find that if your FICA score is below average or poor, the lender may be reluctant to forward you the loan especially if you have applied for an unsecured loan. However, there are things that you can do that will help you in the application process and might help you get the loan without having to jump through hoops in order to obtain the loan.The first thing that you should do is get yourself a very good co-signor who is a person with a great credit history and high FICA score. Since you have a bad rating the banks will always seek reassurance that you will pay back the money if they lend it to you. If you fail to prove to them that you will pay back, then you might just end up being denied the loan simply because the bank did not fell that you have proved to them beyond any reasonable doubt that you will repay the loan. Given these situations you will have to search for the right lender who will be willing to take the risk and lend money to you. This might prove to be tiresome as not many lenders are willing to take the risk of lending money to a person that has a bad credit rating.If you are lucky enough to get the loan you should ensure that you are always on top of the monthly payments. Make sure that not even a single payment is late. In this case you will be on the right path towards rebuilding your poor credit history. After repaying the first loan you may apply for another from the same lender and this time around prove to the lender that you still are able to keep up with the payment. After a year or so, your credit rating will have gone up and it will be easier for you to apply for loans at any commercial bank.