
April 03, 2023
The specific documents required for an installment loan can vary depending on the lender and the type of loan you are applying for. However, here are some common documents that may be required:
Proof of identity: This could include a government-issued photo ID, such as a driver's license or passport.
Proof of income: This could include recent pay stubs, tax returns, bank statements, or other documentation that shows your income and ability to repay the loan.
Proof of employment: Some lenders may require proof of employment, such as a letter from your employer or a recent job offer letter.
Proof of residency: This could include a utility bill, lease agreement, or other documentation that shows your current address.
Credit report: Some lenders may request a copy of your credit report to evaluate your creditworthiness.
Other financial information: Depending on the lender and the type of loan, you may be required to provide additional financial information, such as information about your assets and debts.