F.A.Q.
Frequently Asked
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No, Using The Loan Eligibility Checker Does Not Hurt Your Credit Score; These Checkers Only Do The Soft Credit Inquiry, Which Does Not Leave Any Mark On Your Credit Report; Anybody Can Use Them Freely
The Borrower Can Be Disqualified If He Has A Low Credit Score, A High Debt-To-Income Ratio, And Insufficient Income
Personal Details Like:
- Name
- Address
- DOB (Date Of Birth)
- Social Security Number
- Employer Name
- Contact Details
- Length Of Employment
- Bank Account Details
- Existing Debts
- Desired Loan Amount
- Loan Purpose
Yes, Income Proof Is Required, The Borrower Can Give The Pay Stubs And Tax Returns To Verify The Income Level.
It Depends. If The Creditworthiness Of The Borrower Is Good, That Is Above 750, With Stable Income And Low Debt-To-Income Ratios, Then The Lender Will Approve Instantly, And Vice-Versa.