According to different purpose for the loan, the loan can be divided into these following aspects: the individual housing loan, automobile consumptive loan, housing loans, individual operational loan, student loans, overseas studying loan, hypothecated loan, etc.
Therefore there are different requirement on the applying of the loans. And different money lenders still have different requirement on the borrowers. So the when you apply the personal loans, the first things you have to do is to determine what kinds of the loan you want to apply. After you have chosen the right type of loan, you can begin to find the suitable money lender.