What is the qualification for a personal loan?

Jump to Last Post 1-6 of 6 discussions (6 posts)
  1. profile image54
    jerveyposted 11 years ago

    What is the qualification for a personal loan?

  2. romper20 profile image80
    romper20posted 11 years ago

    you must show that you are employed and have some credit in most cases to base your loan % off.


  3. profile image58
    foreignpressposted 11 years ago

    The lender wants to know if you can pay back the loan in a reasonable time. Usually this involves having a job or other proof of income. If you're self-employed, or even unemployed, you can still put up collateral. This might be a house, land, car, or something of value that exceeds the loan amount. Ask the lender what their particular qualifications are. Since the recession of 2008, and a projected double-dip for this fall, lending money has become a touchy subject. If you're seeking a loan for a business then submit a well-written business plan. You would have more success if you went to several lenders and asked for small amounts of money from each one rather than a huge amount from one lender.

  4. profile image59
    meghancsmithnjposted 11 years ago

    You have to be aware of your income to debt ratio. It needs to be under 40 and the lower the better. Usually this will not include a mortgage.  Of course, your credit must be good. It doesn't have to be perfect or great, but good.  Your credit card payments need to be up to date.  And, most of all, as romper20 said, you need to prove that you have a job so you can pay them back. Sometimes banks may even ask you if your job or income would be in jeopardy in the next couple of years, so be sure your job is secure...good luck!

  5. PeterinCanada profile image57
    PeterinCanadaposted 10 years ago

    Without a job, you'll have trouble, especially right now.

    You can talk to your bank / credit union about the business loan. But unless your business plan is a knockout, you may still have trouble.

  6. profile image49
    robinhood143posted 9 years ago


    If you have a sufficient credits then you don`t need the qualification for personal loans.For more detail please visit -http://www.galleryfinance.co.uk/secured-loans/


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)