Loan Eligibility Checker
Before applying for a loan, it is important you check your eligibility for the loan you’ve chosen to apply for. It is vital to make sure that you meet the basic eligibility criteria as it can increase your chances of being accepted for a loan. Rather being rejected and having this affect your credit score.
Am I Eligible for a Simple Personal Loans loan?
Meeting a lender or brokers’ eligibility criteria doesn’t always guarantee that you application will be approved. However, it does make it more likely that if you decided to apply without checking beforehand.
Simple Personal Loans Eligibility Criteria
Each broker or lender has their own set of eligibility criteria you’ll need to meet. If you’re thinking of applying for a personal loan from us, take a look at what you need to qualify for a loan from Simple Personal Loans.
To qualify for our eligibility criteria, you must:
- be at least 18 years old
- be a UK resident
- not be bankrupt
- be able to provide a history of your address for the past three years
- have a stable source of income
- provide details of your debit card and bank account
- have a working mobile phone and email address
- agree to a full credit and affordability check.
Once you have submitted your application, we will conduct affordability checks to ensure that the loan you have selected is all right for you.
To help you make a decision on what you can afford to pay we have a handy loan calculator.