Any suggestion on bank/online lenders which provides personal loans for ppl on H1B? Living in the US from last 6 years and having credit score > 750 Loan of 30k, TC :220k (base 145)
Depends which types of loan and your monthly income
I’m looking for personal loan.
Personal loan dcu was best rate for me ..I used them even for auto loan..and they are very popular among international students and h1b for auto loan. You should get their best rate if you have credit greater than 720.
I have used DCU's credit card as loan once and it was really easy.
Go for Prosper or lending club. I got ~6% APR for a 15k loan with Prosper. Similar credit profile.
Which state are you looking to get the loan?
CA
If you need it for a year or so, try getting a credit card with 0% balance transfer. There will be a 3% fee but it will still be a good deal
Apply new card with o BT fee
You can use a credit union. I used Stanford Federal Credit Union once. You can also use your car to get 120% of its current KBB value if it is less than 5 years old.
You need a citizen to co-sign the loan
No.
You can seek a personal loan from a friend too. Offer him 3% apr should save you a lot in interest and make him some money as well.
How big of a loan are you looking?
30k
Just use your credit card if you have enough limit.