In order to apply for a small personal loan online, you need to provide proof of income, bank statements or online bank access, and personal identification, according to NerdWallet. Some common forms of identification accepted are a copy of your driver's license, passport or state identification card.
Many personal loan companies also require proof of your address, which is available with a copy of a lease, utility bill or other mail, notes NerdWallet. To prove your income, provide a scanned copy of W-2 forms, bank statements or pay stubs. Tax returns may also work, especially if you are self-employed. The lender might also ask for additional information, such as your employer's name and phone number, gross income and your monthly debt, such as rent or other bills.
Lenders also need other information that helps them prove your identity during the application process, according to NerdWallet. This might include your previous addresses, date of birth, Social Security number and mother's maiden name. After providing the necessary information and submitting documents, state how much of a personal loan you need, and choose the term for the loan.
If you don't qualify for the personal loan right away, it might be due to your credit, says NerdWallet. In this case, find a lender that offers a secured loan. This often requires giving them some type of collateral. Avoid unscrupulous "payday lenders" who charge exorbitant interest rates.