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  • Official comment
    Stilt Team (Edited )

    It is worse to have a bad credit history because of how long it takes to recover from it. If you have bad credit, banks will not want to loan you money because they assume you will not pay them back. If you have no credit, your chances are slim but more much possible. For instance, with banks like Capital One, you could be issued a low balance credit card with no credit.
    On top of that, having no credit history can be fixed fairly easily. You can put $100 down on a secured credit card and pay it off in full every month. After several months, you will start to see your credit score grow and you will be on the right path to securing good credit! As long as you continue to be responsible with your credit!

    **Remember! Lenders work with certain risk thresholds that determine whether or not they will lend to you. There is usually a minimum credit score that lenders will accept in order to lend out money. (For instance, not lending to anyone with a score that is under 640) Sometimes they give some leeway to lend to people without credit history within this risk threshold.

    About Stilt:

    Stilt provides loans to international students and working professionals in the U.S. (F-1, OPT, H-1B, O-1, L-1, TN visa holders) at rates lower than any other lender. Stilt is committed to helping immigrants build a better financial future.

    We take a holistic underwriting approach to determine your interest rates and make sure you get the lowest rate possible.

    Learn more about us on Wikipedia or visit us at If you have any questions, send us an email at

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