The required salary for a personal loan varies by lender and depends on factors such as the loan amount, repayment term, and applicant's credit profile. Generally, lenders may expect a minimum monthly income that allows for comfortable repayment, often ranging from $2,000 to $5,000. It's also important to maintain a debt-to-income ratio below 40% to improve approval chances. Always check specific lender requirements as they can differ significantly.
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