Factors That Can Affect Your Personal Loan Eligibility

Muthootfinance113 May, 2024Finance

Lenders focus on your credit score, income, age, desired loan amount, and job history when evaluating personal loan applications. They want good credit scores, enough income to afford the monthly payment, borrowers 18-70 years old, reasonable loan sizes based on income, and steady employment or self-employment for 1-2+ years.