Direct answer: Eligibility depends on the participating lender, the applicant’s information, state law, and other underwriting factors. General requirements should be treated as guidelines rather than a promise of approval.
Common Eligibility Factors
- Minimum age and legal capacity to enter an agreement.
- Valid identification and contact information.
- Verifiable income or another acceptable source of funds.
- An eligible bank account when required by the lender.
- Residency and state-specific eligibility.
Bad Credit and Eligibility
Credit history may be one factor among several. Do not assume that an application will be approved because a service accepts requests from consumers with imperfect credit.
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Transparency note: Loan availability, rates, APR, fees, repayment schedules and eligibility vary by lender and state. Information on this page is educational and does not replace the participating lender's agreement or disclosures.