5 THINGS YOUR LENDER WOULD LOOK FOR IN YOUR CREDIT REPORT BEFORE APPROVING YOUR PERSONAL LOAN

Lenders would also want to see a low debt-to-income ratio in your credit report. If you are already heavily indebted and paying too many EMIs every month, they may suspect your capacity to handle repayment of more loans. Take loans after evaluating your income and financial obligations only. These are the 5 things that would work in your favour when you apply for a Personal Loan.