Requirements can vary by lender, but in general here are some factors that lenders can consider when determining eligibility:
Income
Current debts
Credit score
Length of credit history
Stability (employment and residency)
One of the biggest determinants for most lenders is credit score. Offers will be more likely to be returned for borrowers with fair, good, average, or excellent credit. Most lenders on the Acorn Finance platform have a credit score cutoff of 600 or above.