A credit score below 650 signals risk to lenders. Maintaining timely repayments is key to improving your score.
Frequent job changes or unstable income may make lenders hesitant. A steady income improves loan approval odds.
If EMIs already consume over 40% of your income, lenders may see repayment as risky.
Inaccurate or incomplete details raise doubts and may delay or reject your loan application. Always provide correct information.
Missed EMIs or past defaults reduce lender confidence. Good repayment history builds trust and ensures smoother approvals.