What are the requirements for taking a Personal loan/Business loan?

When   applying for a personal loan or business loan , you'll typically need to provide several documents and fulfill certain requirements. Here are the common things you'll need to gather: Personal Identification: You'll need to provide proof of your identity, such as a valid government-issued ID (e.g., passport, driving license) or a social security number. Proof of Income: Lenders want to make sure that you have a steady source of income to repay the loan. You'll likely be asked to provide documents such as pay slips, W-2 forms, or tax returns for the past few years.  For business loans , you may need to submit financial statements, profit and loss statements, or business tax returns. Employment Verification: Lenders may verify your employment status to assess your stability and ability to make loan payments. They may request contact information for your employer or ask for employment verification documents, such as an offer letter or recent pay stubs. Credit History...