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Ways to increase your eligibility for a loan

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Loans lent by banks are very useful to finance various events of your life. Before lending any kind of loan, banks use various parameters to evaluate a loan application. These include applicants' age, employment, income, credit score, existing loans, and so on. Now due to the coronavirus pandemic, banks have tightened the lending norms. Many borrowers are unable to service their existing loans and have opted for a moratorium. So, banks are worried that their non-performing assets (NPAs) will increase. If you are planning to apply for loans watch this video to know how to increase your loan eligibility. 

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