People with bad ratings on their credit can still avail of Personal Loans irregardless of this. Not all people are of good credit standing but despite the fact lenders are still willing to lend money. If the credit rating is really bad lenders will usually just require a co-signor and that should not be so hard to come by or maybe require a collateral. It still is a plus to use personal loans even with really bad credit.  The risks involved outweigh much of the amount for most lenders and pose no threat of a default. Even with next to zero credit ratings one can still get a loan as needed.