Personal loan for self-employed: What are the eligibility criteria, interest rates, and documents needed? | Mint

Personal loan for self-employed: What are the eligibility criteria, interest rates, and documents needed? | Mint

Source: Live Mint While availing a personal loan is typically a hassle-free process for salaried individuals given the regular nature of their income, self-employed persons have to go through the rigour of convincing the lender to get the same. Lenders require self-employed persons to have a minimum income, which can vary by location, and the…

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Personal loan application: How does credit score matter and what are the other factors considered? | Mint

Personal loan application: How does credit score matter and what are the other factors considered? | Mint

Source: Live Mint Before applying for a personal loan with any bank, NBFC, or fintech, make sure you check the eligibility criteria. Without fulfilling the eligibility criteria, your application will be rejected resulting in disappointment. The credit score plays an important role in personal loan approval.  The other factors include the individual’s age, income, employment,…

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5 things you must not overlook while applying for a personal loan | Mint

5 things you must not overlook while applying for a personal loan | Mint

Source: Live Mint Applying for a personal loan can be a crucial financial decision, offering you the necessary funds for various needs—be it education, medical emergencies, or home renovations. However, before diving into the application process, it’s essential to consider several factors to ensure you make an informed choice. Here are five critical aspects you…

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