1. Credit History: We assess your credit history to evaluate your past repayment behavior. A good credit history increases your chances of loan approval.

2. Income Stability: We usually require proof of a steady income to ensure that you have the capacity to repay the loan. This can include salary slips, bank statements, or tax returns.

3. Employment Status: Being employed, especially with a reputable employer, strengthens your loan application. Self-employed individuals may need to provide additional documentation to verify their income.

4. Age: You typically need to be within a certain age bracket to qualify for a loan. Banks require applicants to be at least 18 years old, while some loans may have upper age limits.

5. Residency: You must be a resident of Nigeria to apply for a loan from a NET MFB. We may require proof of residency, such as a utility bill or official identification.

6. Collateral: Depending on the type and amount of the loan, we may require collateral as security. This could be in the form of property, vehicles, or other valuable assets.

7. Loan Purpose: You may need to specify the purpose of the loan, and we may have restrictions on what the funds can be used for.

8. Debt-to-Income Ratio: We assess your debt-to-income ratio to ensure that you can afford to take on additional debt. Generally, a lower ratio is more favorable.

9. Documentation: You will need to provide various documents, including identification (such as a passport or national ID card), proof of income, and any other documents specific to the loan type.

10. Credit Score: We will assess your creditworthiness with your c.

11. Loan Amount: The amount you can borrow may be influenced by your income, credit history, and the type of loan you are applying for.

12. Relationship with the Bank: Existing customers with a good banking relationship may find it easier to qualify for loans and may even be eligible for preferential terms.