Before going to a lending company for a personal loan, it would be convenient for you to put some effort towards strengthening your chances, as to accelerate your approval.
When you send your application for a loan, the lending institution evaluates you regarding your intention and ability to pay your loan on time.  This information comes from your application; don’t hide any detail. All information on your request application is supported by other documents you provide during the credit evaluation process. Even if you are highly eligible, you could loose the opportunity if you lied.
To sum up, it all depends on the three C’s: Character, capacity and credit.

Character.  A lending institution could know your financial and personal character through different factors, like how long you have lived on a same place, or how long you have worked at your current or previous jobs.

Capacity.  Your capacity to pay a loan is measured by your earnings and savings. To calculate your capacity, a lending institution monitors your current everyday expenses, debt or loans previously taken, and the tension a new proposed obligation would impose.

Credit.  Is essentially a proof of your willingness to pay back a loan. The lending institution will search for details on your credit’s present and past relationships: Do you pay your credit card balances on time, or usually exceed the limits? What are your current credit limits, and how close are you of reaching them? The answers to questions like these are considered before recommending a loan amount.