I have a perfect credit history and 700+ credit score. I am still denied for loans by online lending companies. What can I do?


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    Stilt Team (Edited )

    A lot of times FICO score is not the only determinant for a loan application decision. One of the things that is not clearly mentioned in many blog posts and not really focused on is the importance of length of credit history.

    Many online lenders don't just have a FICO score cut off but also a credit history length cut off. Lending Club gives loans to people with average 6 years of credit history. 97% of the loans are done to borrowers who have 6+ years of history.

    Stilt is only one of the few lenders that give loans to people with limited history. We understand that it takes time to build credit and you are on your way there. It is difficult to get approved at other lenders but not at Stilt. We specialize in loans to people who are on visas and have started to settle down in life.

    You can read our reviews on Google, Facebook, and Yelp. Our members love us for a reason.

    If you need further help with getting a loan, feel free to reach out to us at team@stilt.co.

    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 https://www.stilt.co. If you have any questions, send us an email at team@stilt.co.

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