Ben Analyst
Can You get a personal Loan as non-Us Citizen? GC, H1B, F-1 and more | Ben Analyst
13 Apr 2021
Term Loan Application for Green card Holders : https://24hrfastfunding.com/term-loan-line-of-credit-application/ Loan for other Status: https://www.stilt.com/ #business_loans #business_line_of_credit #personal_loan_for_non_us_citizens Sign up for salesforce Business Analyst Training: https://sfbatraining.com/ In today’s video, we are going to talk about whether or not you can get a personal Loan as a Non-U.S. Citizen. The short answer is “Yes.” There are, however, some restrictions which can make it a little more difficult. You also have to know where to look, because not all lending institutions will loan money to non-U.S. citizens. First of all let go over Why Most Lending Institutions Won’t Lend to Non-U.S. Citizens? Generally, lenders consider non-U.S. citizens, regardless of their visa status, income, and financial stability, to be a high risk. Most visa holders are in this country for a limited time and, once they leave, U.S. laws don’t always apply to them. While some lenders will consider an applicant’s comprehensive profile in determining eligibility, most require at least a six-year credit history. Many banks will only issue a personal loan to a non-U.S. citizen if there is an eligible cosigner on the loan.
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