What documents do I need to apply for a loan?

When applying for a loan with Xpress Loan Servicing, it is essential to prepare a variety of documents that demonstrate your financial situation and ability to repay the loan. Typically, applicants will need to provide personal identification, such as a government-issued photo ID or driver's license. Additionally, proof of income is crucial, which can include recent pay stubs, tax returns, or bank statements. This information helps illustrate your employment stability and financial health. Credit history is also an important factor in the loan application process. Therefore, having details of your credit report, including any outstanding debts or previous loans, may be beneficial. Xpress Loan Servicing may also ask for information about the purpose of the loan, particularly if it is for a specific purpose such as home improvements or debt consolidation. Regarding residency, providing proof of address, such as a utility bill or lease agreement, can be necessary as well. It is always best to review the specific requirements listed on the current web page for Xpress Loan Servicing to ensure you have all the necessary documentation, as these may vary based on the type of loan you are applying for.