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Personal Loans Discuss personal loans, secured and unsecured, and general borrowing.

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  #16  
Old 03-29-2017, 08:13 AM
Jovanny Jovanny is offline
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Default Re: How to get Approved for a Personal Loan?

You should be able to meet all the requirements specified by the lender when applying for any kind of loan.
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  #17  
Old 04-26-2017, 03:12 AM
Jovanny Jovanny is offline
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Default Re: How to get Approved for a Personal Loan?

That is very true shsifat. It is easy to get an approval for a personal loan.
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  #18  
Old 05-22-2017, 04:12 AM
puneetc puneetc is offline
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Default Re: How to get Approved for a Personal Loan?

This question is also in my mind but one of my friends solve it by meeting me with an agent.
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  #19  
Old 05-25-2017, 03:20 AM
Jovanny Jovanny is offline
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Default Re: How to get Approved for a Personal Loan?

Credit union makes the loan process much easier and simpler.
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  #20  
Old 06-17-2017, 08:23 PM
alousallo alousallo is offline
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Default Re: How to get Approved for a Personal Loan?

Much easily we can get personal loans actually while showing our information about yourself, they will make an quotation according to monthly and yearly calculations. if u had applied for little money to loan officers will overlook your complete quotation.

While i m worried about personal loan to get approved quickly and fastly i had seen a post of personal loan on this link: and gave it a try. With this link, i got to knew about personal loans details deeply and easily as faster to help me, to get personal approved easily.
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  #21  
Old 06-18-2017, 07:33 AM
shamsul89 shamsul89 is offline
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Default Re: How to get Approved for a Personal Loan?www.jpost.com/PersonalLoans

how to get approve for personal loan

Here are six tips that will assist in improving your chances of persona loan approval.
-
Check the loan eligibility criteria before applying
It is important to check whether you meet the personal loan eligibility criteria of the lender you wish to borrow from. Most lenders require applicants to be in a particular age group, preferably between 21 and 65 years. Also, you must annually earn a minimum amount that is specified by the lender. Additionally, you should not have any outstanding defaults on loans or on any of your credit cards.

-Check your credit score
If you are not aware of your credit score while applying for a personal loan, your application may get rejected. Obtain a credit report, so as to identify your credit score and rectify errors, if any. A good credit score not only increases your chances of loan approval but also helps you land an attractive interest rate.

-Avoid multiple applications
If you think applying at numerous places is the right thing to do, you are wrong. Most lenders check the existing applications and may doubt your intentions. The probability of your loan application getting approved is less in such cases. Additionally, multiple loan applications without loan approval will affect your credit score.

-Provide factual information
Lenders verify the information provided by you through supporting documents. They may also give you a call to verify your information personally. Hence, provide factual information about your residence details, annual income, past loan repayments, besides others.

-Aim for a realistic loan amount
Quite often, borrowers apply for an enormously huge amount and get rejected by the lender. It is imperative to identify how much you need to borrow. Apply for a loan amount based on your ability to repay. Lenders conduct a check of your income and repayment ability before approving a loan. Hence, aim for a realistic amount in order to avoid a loan rejection.

-Maintain job stability
Banks and lending institutions require applicants to have a stable work history. Most lenders require the applicants to have at least two years of work experience in a particular job. Hence, avoid switching jobs if you are planning on applying for a loan. Stability in the job is required to ensure you have a steady source of income.

Last edited by shamsul89; 06-18-2017 at 07:38 AM. Reason: more fact
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  #22  
Old 07-13-2017, 03:46 AM
divi divi is offline
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Default Re: How to get Approved for a Personal Loan?

Hi, you can get your personal loan approved if you have all the documents like identity proofs, passport(expats), salary certificate. Most of the banks approve a personal loan on the basis of credit score so check with that http://www.mymoneysouq.com/loans/com...onal-loans-uae see this they have all the information.
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  #23  
Old 08-16-2017, 01:56 AM
emortgageconnect emortgageconnect is offline
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Default Re: How to get Approved for a Personal Loan?

Simple process but check around for different types. Ive seen personal loans in the 5-14% range. Auto loans in the 2-7% range and home loans in the 2-7% range as well.
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  #24  
Old 10-07-2017, 09:48 AM
capitaworld capitaworld is offline
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Default Re: How to get Approved for a Personal Loan?

A Personal loan is taken by an Individual to fulfill his/her personal needs. Repayment can be done through fixed EMI over a fixed term. No guarantor or co-applicant is required.

Personal Loan Tips
  • Check your credit reports.
  • Don't take on more than you can afford.
  • Choose the shortest loan you can afford.
  • Be careful with credit card consolidation.
  • Read application forms & documents carefully.
  • Make sure a personal loan offers you the best deal.
If you have any query related to Personal Loan, then you get contact us at: info(at) capitaworld . com

CapitaWorld dot com
CapitaWorld Platform
Ahmedabad
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  #25  
Old 10-18-2017, 07:22 AM
AnandRathi AnandRathi is offline
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Default Re: How to get Approved for a Personal Loan?

Ok thanks for sharing
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  #26  
Old 10-20-2017, 07:38 AM
Quikrupee Quikrupee is offline
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Default Re: How to get Approved for a Personal Loan?

Personal loans is mainly focused for salaried person. It is also a great way to increase the capital and to get instant money. Here the interest rate is high and also only certain banks and non banks are providing the personal loans.
The points should be remembered
  • You should have previous loan tract
  • You should have good credit score
  • you should have good CIBIL score
  • All your documents like address proof, Id proof and other documents like bank statements should be clear and error free.
  • The main point to be remember is the concern person should have good banking transaction.
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  #27  
Old 10-28-2017, 09:16 AM
Jyoti Jyoti is offline
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Default Re: How to get Approved for a Personal Loan?

Personal loans are something which fulfills the need of a individuals personal need.
You might want to renovate your house, a wedding in your family, or lack of finance. All these can be fulfilled with a personal loan.
Personal loans in India are easily available. Just a few documents and minimum paper work with quick approvals.

Personal loan approvals are based on the following:
  • Your CIBIL check:
  • Most banks check for your credit score before approving the loan. Maintaining a good credit score can help in fast approvals. Any type of loan frauds in the past, affects your credit score. Always repay your Loan/EMI on time without any frauds. This would help you have a good credit score.
  • Documentation: Along with the loan application, you need to submit a set of documents as desired by the bank. The documents might include your salary slips/ ITR for business holders, residence proofs, bank statement etc. The document verification would be done by the bank before the loan approval.
  • Discussion:Once all this is done, the EMI and tenure for the loan would be decided by both parties. This is decided based on your income. i.e bank checks with your repayment capacity.

The final step is your loan approval and you are done.
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  #28  
Old 10-28-2017, 09:30 AM
Banknomics Banknomics is offline
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Smile Re: How to get Approved for a Personal Loan?

It's not that tough to get personal loan if you have the right documents available. Itís important to understand the whole process and required documents before going to apply for a personal loan. For a personal loan you can directly communicate with your current bank or other lenders. Applying with Financial consultants is another best way for applying personal loan, I believe its the best way because they provide all the services at your door steps so you donít need to worry about going from one bank to another and face the risk of possible loan approval rejection which could eventually damage your credit score too. For quick and hassle free personal loan approval itís important to apply with correct and fair documentation. Apart of fair documentation your CIBIL score also matters for the instant personal loan approval. So keep aware with your credit score before going to apply for a personal loan.
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