Would you like to know the acceptance conditions for obtaining a personal loan? “GAUCHY INVEST” answers all your questions.

Before granting you a loan whatever its nature, credit organizations check that you meet their acceptance conditions. The most common condition of acceptance concerns your repayment capacity. To do this, you must demonstrate with the help of various documents and supporting documents that you have the repayment capacity necessary to calmly pay your monthly payments.

Disposable income.
The first step is to calculate your disposable income: salaries, pensions, rental income, dividends from your company, compensatory allowances, unemployment benefits, allowances, etc.

You can therefore meet the admission conditions, even if you are self-employed or looking for a job. Generally, the credit institution asks for more supporting documents to verify that your repayment capacity will be stable in the long term.

Your personal expenses.
Secondly, your expenses are deducted from your disposable income in order to obtain your monthly repayment capacity. These capacities must be sufficient to pay the monthly payments of your personal loan while allowing you to cope with the expenses and small unexpected events of daily life.

As “charges”, your rent or monthly mortgage payments, your energy charges (EDF, etc.), taxes, alimony, etc. are taken into account. To calculate them, your personal situation is also taken into account: family situation, number of children, status of owner or tenant, etc.

Once these data have been reconciled, the credit organizations will know precisely your repayment capacities and will be able to assess whether or not your file corresponds to their acceptance conditions.