7 Basic Eligibility Criteria for Personal Loan
Typically, applicants should be at least 21 years old.
You need a stable monthly income to qualify for a personal loan.
A steady employment history is preferred by lenders.
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.
Prepare necessary documents for a smooth application process.