While applying for a loan, eligibility may toss you out of the equation and totally destabilize your hopes of getting the much-needed boost. However, not all is gloom, because you can do something to boost your eligibility. You may not change your employer, nor can you change the salary you earn. However, you can do something to improve your credit score and your monthly obligations in order to boost your chances of loan approval. This is particularly important because many banks determine your eligibility based on these factors.