What does it mean to be a reference?

We ask for references to help us verify information about the borrower (your friend).  

What this means to you (the reference):

• Why are we reaching out to you:
  • Your friend put you down as a reference and we need to verify the following information:
    • Verify their identity
    • Verify that they are currently living in the U.S. 
    • Verify that they are currently working or studying
• When will we reach out to you
  • After they are approved for a loan, we will reach out to verify the information listed above.
  • If they ever become delinquent on their loan payments, we will reach out to see if you can call them or pass a message along. 
• Are you financially liable for the loan
  • No, verifying yourself as a reference is only for character references, you are not financially responsible for your friend's loan. 

If you have any questions or concerns about being a reference for your friend, please call us at (415) 630-2323 M-F 10am- 6pm PST or email us at team@stilt.com