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  • Education loan for F-1 visa holders

    Hi All,

    I would like to take Education loan from US banks/financial institutions. Currently, I am on F-1 visa and NO co-signer is available. I completed one year and >700 credit score.

    Please suggest the options with NO co-signer for the loan. Thanks in advance.

  • #2
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    • #3
      Your message was posted anonymously on our Facebook wall at https://www.facebook.com/desiopt1/po...78539892163375 6th Oct - Please review comments from other users

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      • #4
        try credit union discover personal loan .having good credit score is not only the point they will see your earnings as well

        Comment


        • #5
          You will need a co-signer. Banks don't provide education loans to foreign nationals unless you attach equity to it. If you have a property in or outside the states that you can put as collateral then you may have a chance.

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          • #6
            best option that I can think of is... Get a credit with good AMOUNT you will get 18 to 24 months to repay and no interest will charaged... Just have to make minimum payment...
            For a loan you will need co signer... Hope this helps...

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            • #7
              As an international student you are supposed to have adequate funding to support your education and you living and other educational expenses in that cases you can continue receiving your funds from your existing sources and gradually pay it off .
              I am sure you might have had adequate resources before you planned an international education. Accumulating debt in the US might not be a good idea.

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              • #8
                Thank you for providing your answers and different options.

                Comment


                • #9
                  Archives for Education Loan for salaried people

                  Verification of character (any of the accompanying):

                  Identification

                  Voter ID card

                  Driving permit

                  Container card

                  Government office ID card

                  Most recent pay slip demonstrating all findings or Form 16 alongside late compensation declaration

                  Verification of living arrangement (any of the accompanying):

                  Financial balance explanation

                  Most recent power charge

                  Most recent portable/phone charge

                  Existing house rent assention

                  Bank Statement/Pass Book of most recent 6 months

                  Discretionary – Guarantor Form

                  Duplicate of confirmation letter or the Institute alongside Fees plan

                  Stamp sheets/pass declarations of S.S.C., H.S.C, Degree courses

                  Records for Education Loan for every other Individual

                  Qualification

                  The training credit would be given to those understudies who have gotten admission to vocation arranged courses e.g. medication, building, administration and so forth., either at the graduate or post-graduate level.

                  Secured no less than half checks amid HSC and Graduation

                  Secured affirmation in India or Abroad through passageway test/Merit based determination prepare post fruition of HSC (10+2)

                  personal loan with bad credit

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