Is it possible for non-U.S. citizens with limited credit history get access to credit?

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    Edmundo Daco Jr.

    Yes, it is now possible for non-US citizens to get access to credit even with limited credit history. Although, your choices are limited. There are still many banks and lenders who require long credit history when giving out loans, credit cards, and other lines of credit. You will need to provide a co-signer or a collateral on your applications, but it won't still be enough. If you are lucky enough to get approved, you will probably get high interest rates.

    However, there are some private lenders like STILT, who give out loans even to those with limited or no credit history. STILT also specifically helps non-US citizens like J-1, O-1, L-1, H-1, H-4, F-1, OPT, and TN visa holders to get access to credit without a required SSN or cosigner. By getting a personal loan from the company, you will be able to build a good credit history at the lowest interest rates, so you can get more credit products in the future. You will also get approved within 24 hours.

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