While bad credit borrowers worry about their credit scores, it is worth considering that lender confidence is by far the most significant element in a loan application. What it means is that loans can be approved because the lender feels assured repayments will be made with no problems, making even large loans viable, like $10,000 personal loans for bad credit borrowers.The fact that credit scores are only a minor factor in the overall approval process, helps the cause greatly. But there are several things that an applicant can do to build lender confidence. For example, proving that sufficient income is being earned is just one small way to encourage approval for large loans.Of course, the larger the loan, the bigger the risk a lender is taking on. Which is why some careful pre-planning is needed to adequately develop trust with the lender, Once this is achieved, even a $10,000 personal loan comes within reach. But what are the measures to take?Provide Positive Financial SignsFrom the point of view of the lender, applicants who have a low credit rating are a risk, with unstable finances creating real financial pressure. But lenders are more receptive to applicants who have shown a proactive attitude towards their problem. So, a $10,000 personal loan for bad credit borrowers becomes something possible,Positive debt management is a key sign. With a consolidation loan, large debts can be bought out and replaced by a more manageable single loan arrangement. It frees up extra cash, lessens the financial pressure and makes approval for large loans much more viable.Alternatively, a series of smaller loans of perhaps just $500 can be taken out to clear individual debts, like a credit card balance or clearing loan arrears. Both methods indicate the borrower is a responsible individual, so granting a $10,000 personal loan is less of a risk that it first seemed.Offer Collateral or CosignerOf course, the type of loan that is applied for is significant when considering a $10,000 personal loan for bad credit borrowers. If the loan is unsecured, then approval on a large sum is going to be difficult. But if the loan is secured, then approval is almost guaranteed.By offering some kind of security, the chances of getting approval for large loans is much higher. There are two kinds of security that are most practical. The first is providing collateral, which requires finding an item worth the value of the loan. But finding an item worth $10,000 can be tricky.The alternative is to add a cosigner to the application, someone who is willing to guarantee monthly repayments are made. This effectively removes all risk, so interest rates are lower and approval for the $10,000 personal loan is little more than a formality.Other Small MeasuresThere are other signs that can build lender confidence, like detailing the specific purpose of the loan. It is more likely that lenders would approve a $10,000 personal loan for bad credit borrowers if a responsible use of the funds were indicated.Perhaps the most welcome purpose a loan can have is to clear debts and improve the overall financial state of the borrower. In fact, it is especially helpful to detail which loans are to be paid off, and the effect of such a move, when seeking approval for large loans.Of course, showing a responsible money management policy, even if it is rather recent, is another very positive sign that can help secure a $10,000 personal loan.