Can a fresher get loan?

Yes, there are a number of lenders who offer personal loans to freshers and new employees. Your eligibility shall be determined based on your income and current liabilities. Your credit score will also be taken into account provided you have a considerable credit history.

How can I get a business loan with no job?

It’s possible to qualify for a loan when you’re unemployed, but you’ll need solid credit and some other source of income. Whether you are unemployed unexpectedly or by choice (in the case of retirement), lenders will consider extending you a loan as long as you can persuade them you can make regular payments on time.

Can I get loan with offer letter?

Providing offer letters from reputed companies or such proof can help you get your personal loan approved as the bank will know that you will be capable of repaying the loan with your steady income that will follow with employment.

How soon after getting a job can I get a loan?

How long you have to be at a job to qualify, by mortgage type

Loan Type	Employment Length Required
Conventional	Two years of related history. Need to be at current job 6 months if applicant has employment gaps
FHA loan	Two years of related history. Need to be at current job 6 months if applicant has employment gaps

Can I get loan with salary slip?

You can apply with another applicant, who can provide the documents required. In this case, the co-applicant also needs to have a clean credit report, a steady income, and yes – salary slips or other documents to provide stable income proof.

Can I get a loan through my job?

In fact, you may be able to borrow money from your employer, for virtually any reason. Again, these loans are typically repaid in chunks from your monthly salary until they are cleared. Employers can charge interest on these loans too, though the interest tends to be on the low side.