Qualification and Requirements

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To secure approval for a loan from Red Arrow Loans, applicants must meet the following criteria and it will help you to know red arrow loans review:

Minimum Age: Applicants must be at least 18 years old to qualify for a loan with Red Arrow Loans.

Citizenship: It is mandatory for the individual to be a US citizen. If someone lacks a green card or legal citizenship, they are ineligible to apply for a loan.

Military Personnel Exclusion: Regrettably, Red Arrow Loans does not extend loans to military personnel.

Minimum Income Requirement: A minimum monthly income of $800 is essential for loan approval. Meeting this income bracket is a prerequisite.

Minimum Credit Score: A minimum credit score of 540 is a mandatory requirement for loan applications. Having a higher credit score may attract better terms from other lenders.

 

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