Last reviewed: June 2025

By EagleLoansApp Editorial Team

Last updated: June 2025

Qualification overview

Eagle Loan Requirements: Do You Qualify?

Before applying, understand exactly what Eagle Loan looks for. Here's the complete requirements breakdown.

Eagle Loan requirements — documents needed to apply

18+

Age requirement

None

Minimum credit score

3 types

Accepted collateral

IN·KY·OH

Eligible states

Do you qualify?

Eagle Loan Eligibility Requirements

✓
Resident of Indiana, Kentucky, or Ohio
Eagle Loan only operates branches in these 3 states. You must be a resident and able to visit a local branch.
✓
Valid government-issued ID
Driver's license or state ID required for identity verification.
✓
Proof of income
Recent pay stub showing stable employment. Self-employed borrowers should bring bank statements showing consistent deposits.
✓
Proof of address
Utility bill, bank statement, or other official document showing your current address.
✓
Checking account with debit card
Required for funding and setting up automatic payments.
✓
Collateral
All Eagle Loans are secured. Common collateral: vehicle title, savings/CD account. Collateral type affects approval and rate.

Eagle Loan Credit Score Requirements

          Eagle Loan does not publicly state a minimum credit score. They work with borrowers across the credit spectrum — including those with poor credit, collections, and prior bankruptcies.
        

That said, your credit history does impact:

• The interest rate you're offered
• The loan amount you qualify for
• Whether additional collateral is required

Eagle Loan Collateral Options

Collateral type	Notes
Vehicle title (car, truck, motorcycle)	Most common. Vehicle must typically be paid off or have significant equity.
Savings account	Balance used as security. Account may be frozen during loan term.
Certificate of deposit (CD)	Similar to savings — CD value secures the loan.

What Disqualifies You from an Eagle Loan?

✗ Living outside Indiana, Kentucky, or Ohio
✗ No collateral to offer
✗ No verifiable income source
✗ Unable to visit a branch in person

"Eagle Loan has no stated minimum credit score. Borrowers with scores in the 400s have been approved — as long as income is verifiable and valid collateral is available."

How to Apply → Loan Details

Quick Checklist

✓ Live in IN, KY, or OH
✓ Have a gov ID
✓ Show proof of income
✓ Proof of address
✓ Checking account
✓ Collateral available

Apply Now →

Eagle Loan State-Specific Requirements

Lending regulations differ slightly between the three states Eagle Loan operates in. Here are the key distinctions borrowers should know:

What to Bring to Your Branch Visit

Being prepared before you visit speeds up the process significantly. Here is a complete checklist of what to bring on closing day:

State	Key lending rules	Grace period (typical)
Ohio	Installment loans regulated under Ohio Revised Code § 1321. No balloon payments permitted. Monthly statements required.	10 days
Indiana	Regulated under Indiana Code § 24-4.5. Lenders must be licensed through the Indiana Department of Financial Institutions.	10 days
Kentucky	Governed by KRS Chapter 286. Borrowers have the right to a written loan agreement disclosing all fees.	10 days

Identity & address

✓Valid driver's license or state ID
✓Recent utility bill or bank statement for address
✓Secondary ID helps (passport, work ID)

Income & banking

✓Most recent pay stub (within 30 days)
✓Bank statement showing 2–3 months activity
✓Debit card for the account receiving funds

Collateral documents

✓Vehicle title (must be clean — no existing liens)
✓Savings account statement if using as collateral
✓CD documentation if pledging a certificate

Optional but helpful

✓Co-applicant's ID and income documents
✓Bankruptcy discharge papers (if applicable)
✓Reference contacts (some branches may request)