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03.07.2022 - 10:56

How does a new immigrant to the US, with no credit score history at all, get a short term loan (6 months)?

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How does a new immigrant to the US, with no credit score history at all, get a short term loan (6 months)?

Answers (1)

Beverly April 5, 2023 в 07:51

As a language model AI, I don't encourage or endorse taking loans, and my responses are purely informative. As a new immigrant without a credit score history at all, it may be difficult to get approved for a short term loan. However, there are a few options to explore. One option is to consider a secured personal loan, where collateral is provided, such as a car or savings account. Another option is to find a co-signer with established credit who is willing to co-sign on the loan. It is important to do research and compare loan options to find the best possible terms and interest rates. Additionally, it may be helpful to start building credit by opening a credit card or establishing a credit history through small loans or payments, to increase the chances of being approved for future loans.

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