Basic Eligibility Criteria
Applicant must be a legal resident of the country where the loan is being offered. Applicant must be at least 18 years old (varies by lender). Applicant must have a valid government-issued ID. Applicant must have a steady source of income.
Credit Score
Lenders may check the applicant's credit score to assess creditworthiness. Some lenders offer online instant loans to individuals with varying credit scores.
Income Requirements
Applicant must have a minimum income level (specific amount varies by lender). Proof of income such as pay stubs or bank statements may be required.
Residency and Bank Account
Applicant must have a valid residential address and contact information. Applicant must have an active bank account for loan disbursement.