5 Best Tips to Increase Your Personal Loan Eligibility – Loan Expert Guide Personal loans are one of the most popular ways to arrange quick funds for emergencies, weddings, home renovations, travel, or any other personal need. But many people face loan rejections because they don’t meet the eligibility criteria of banks or NBFCs. The good news is – you can improve your chances of loan approval with some smart steps. In this post, I’ll share 5 proven tips to improve your personal loan eligibility. ✅ 1. Maintain a Good CIBIL Score Your credit score (CIBIL) is the first thing lenders check before approving your loan. A score above 700 is considered good. How to improve your score? Always pay EMIs & credit card bills on time. Keep your credit card usage below 30% of the limit. Don’t apply for multiple loans at once. A good score builds your trustworthiness in the eyes of the lender. ✅ 2. Show Stable and Regular Income Lenders prefer applicants who have a regular income sour...
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