Can app Personal Loan approve low salary users?

Accepted Answer ✓ Accepted

Some app-based lenders may approve Personal Loans for low-salary users by offering smaller amounts or shorter tenures. In India, higher interest rates often compensate for the increased risk.
5 upvotes

Suggested Answers

Yes, apps sometimes approve low salaries, but loan amounts are small.
0 upvotes by Arjun Desai

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