 TITLE: Is It Easy to Get a Personal Loan? CONTENT: What Else Do I Need to Get a Personal Loan?\n-------------------------------------------\nAlmost all personal loan lenders will ask for certain types of information, including:\n*   Social Security number\n*   Bank information\n*   Mailing address\n*   Proof of income\n*   Government-issued photo ID\n*   Documentation such as recurring monthly expenses and other debt payments\nLending institutions may also look at your debt-to-income ratio, or DTI, to determine whether you'll likely be able to afford your payments. This number looks at the total income you earn compared with the total amount you owe each month. The higher your DTI, the more a lender may doubt your ability to take on additional loans because you're already carrying a lot of debt.\nHere's how to calculate your DTI:\n*   Determine your monthly gross income—the total amount you earn before taxes and withholdings\n*   Add up your total monthly debt payments—including auto loan, mortgage and credit card payments\n*   Divide your total monthly debt by your entire gross income\nFor example, if your gross monthly income is $5,000 and your total debt each month is $1,500, your DTI would be 30%.\nLenders will use all of the above information alongside your credit score to assess whether to approve you for a personal loan.\n> Find the best personal loans in Experian CreditMatch™. END