Actually, it becomes quite difficult to get a loan approved with a bad credit. There is good news for the people who are planning for a home loan with bad credit. A few financial institutions like Wells Fargo, Quicken Loans, Bank of America, and others are there with special decorum to provide low-interest home loans to the people with bad credit.

Yes, people who are self-employed can get consumer loans, but they will in all likelihood, run into more documentation and procedures to prove their creditworthiness. Many lenders require at least two years income tax returns and a good credit score for all applicants, including those who are self-employed. These make it easier to secure a personal

A person can qualify for an easy consumer loan after fulfilling eligibility criteria such as good credit history and good credit score, current income and debt, and a persons creditworthiness. These factors help determine a persons consumer loan eligibility. The eligibility criteria will give a clear idea to the lender if the borrower can repay the