How do you get personal loan for defaulters?

Answer 1

It may be necessary to put up collateral of similar value to the loan.

Then if the loan in not repaid the lender can seize and auction the collateral to try to recover the loss.

This is why car loans and home mortgages are relatively easy to get, the car or home purchased with the loan is the collateral for the loan. But an ordinary personal loan does not automatically have collateral like those loans do, so it is harder to get if your credit is very bad.