Group 1: Loan Qualification Factors - Borrowers' income stability is a key indicator of repayment ability, requiring proof of income and bank statements [3] - Possession of assets such as property, vehicles, or savings enhances a borrower's appeal to banks, as these can serve as alternative repayment sources [3] - Job stability and the industry outlook significantly influence loan approval, with public sector jobs generally having an advantage [5] Group 2: Personal Credit Situation - Credit history reflects a borrower's repayment habits, with timely repayments boosting credit scores [6] - Frequent credit inquiries may signal risk to lenders, as multiple loan applications can indicate potential repayment issues [6][7] - Current debt levels and any overdue payments negatively impact a borrower's credit status [8] Group 3: Importance of Qualification and Credit - A combination of good qualifications and good credit typically results in successful loan applications with favorable terms [10] - Good qualifications paired with poor credit make it challenging to secure loans, although collateral can improve chances [10] - Good credit with poor qualifications may still lead to loan approval, but with lower limits [10] - Poor qualifications and poor credit severely limit loan approval opportunities [10]