7 Basic Eligibility Criteria for Personal Loan

Age Requirement

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Income Criteria

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Employment Status

Credit Score

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7 Basic Eligibility Criteria for Personal Loan

Age Requirement

Typically, applicants should be at least 21 years old.

Income Criteria

You need a stable monthly income to qualify for a personal loan.

Employment Status

A steady employment history is preferred by lenders.

Credit Score

A good credit score (650+) enhances your eligibility.

Existing Debt Obligations

Lenders consider your existing debts before approval.

Citizenship and Residency

Personal loans are for citizens/residents of the country.

Documentation

Prepare necessary documents for a smooth application process.

PERSONAL LOAN

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