How to get personal loan?

Question

Getting a personal loan for self-employed individuals can be a bit challenging compared to salaried individuals. This is because self-employed individuals do not have a steady income or a fixed salary, which is one of the main requirements for getting a loan. However, many lenders offer Personal loan for self employed individuals if they can provide sufficient documentation to prove their income.

Answer 1

A personal loan can be obtained from a bank, credit union, credit card company, or online lender. You must typically give some basic personal and financial information when applying in person or online.

 

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