5 Things Your Lender Would Look for in Your Credit Report before Approving Your Personal Loan

Instaloan09 Jul, 2021Finance

Are you looking for funds for home renovation, travel, education, or debt consolidation? If yes, then you may apply for a personal loan to cover the related expenses. These days, NBFCs like Clix Capital have made personal loans extremely accessible with easy application, fast approval, simple eligibility criteria, and minimal documentation requirements. However, since personal loans are unsecured loans, lenders largely rely on your credit score to determine your creditworthiness and decide your loan approval or rejection.

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