Personal Loan in Gautam Buddha Nagar
Benefits of personal loan

Documents Required to Get a Low Credit Loan

Completed Application Form

  • We know you hate filling out Application Forms, but ours is just 3 minutes long! Fill out the Clix Application Form, which asks for your details. Once that is done, you will know your eligibility for the loan amount! You can then start uploading your documents for further verification.

Passport Size Photograph

  • Once you are eligible, upload your passport-sized photograph for verification purposes.

Identity Proof

  • We do not want to give you an identity crisis, but we want to know your identity for our safety and security. We accept Aadhaar Card or PAN Card, or government IDs for government employees as an Identity Proof. Once uploaded, you can move on to the next step.

Address Proof

  • We want to know your location, not to stalk you but for verification. You can upload your Aadhaar Card, Voter ID, passport, or driving license as address proof.

Income Proof

  • Nor that we care; we want to know your source of income to suggest better repayment and EMI options. You can use your 3-month pay slip or your current year’s Form 16 as Income Proof.

How Do I Apply for a Low Credit Loan

application form
online chat
loan approved

FAQs - Concerning Personal Loans with a Low Experian Score

Can You get a Personal Loan with a 630 Experian score?

630 is a 360°, yes! An Experian credit score of 630 can get you a super quick Personal Loan in a matter of clicks with Clix Capital. A good Experian score will basically mean you’re good for it, and will make the repayment with ease, without falling into financial duress of any kind. It’s a win-win for all of us!

What is the minimum credit score for a Personal Loan?

Experian scores are the primary credit scores considered by Clix Capital, and a minimum Experian score of 630 will get you that Personal Loan you’ve been looking up. The score just helps us see if you’re good for timely repayments.

Can You Take a Personal Loan from Clix Capital with a low Experian score?

An Experian score of 630 is quite less if you go around and look for minimum scores needed for a Personal Loan. Unfortunately, Clix Capital will be in a bit of a pickle if your Experian score is under 630. However, do reach out to us and we’ll help you out as best we can. If nothing else, we can always help you improve your credit score, even if it’s the last thing we do together.

How to calculate Credit score?

Your credit score is calculated on the basis of the following factors:

  • Repayment history: This has fortunately got nothing to do with that online history of yours, but just a history of your past credit payments made on time, or otherwise. If you have taken loans in the past or are a user of credit cards and have paid them back on time, your repayment history can pull up your Experian score game. However, if you have faltered, then it’ll pull you back down, along with your credit score.
  • Credit borrowing history: The type of credit you have borrowed (outstanding loans, the number of loans you have applied for, unpaid credit card bills) affects your credit score.
  • Debt and credit utilisation: Your existing debt and credit utilisation constitute a major part of your credit score. It helps determine how you use the credit you borrow.
  • Credit injuries: This makes up for the rest of your credit score. Credit injuries are the unsuccessful loan payments that you have made in the past and can sometimes hurt even more than real injury. This also includes the times you failed to pay your dues completely. Your credit score gets adversely affected when you miss your EMIs, or when you close a credit card account, or when you apply for a ton of loans altogether.

How can you improve your credit score quickly?

You can improve your credit score if:

  • You don’t miss out on repayments like you do birthdays and anniversaries. Set reminders for monthly and quarterly payments so that you don’t miss the repayment dates.
  • You don’t apply for too many loans at a time, this is not a dating app. Avoid applying intense pressure on your expenses, the hurt will only run deeper.
  • Keep your credit usage to a minimum. This will put a lock on to help you spend reasonably and save you from yourself, or worse: becoming a debt defaulter.

Sounds too good to be true?

Get in touch now and we’ll show you that simple, fast, and accessible personal loans are really possible!

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