How to get good bank rates without having US credit rating

New / Eng
tgdiuz

New Eng

 tgdiuz
Sep 2, 2019 12 Comments

To all those who came to US on a Visa, in the beginning that you don't have any credits built at credit bureaus in the US.

How can you get normal bank rates when getting mortgage, car lease etc without having US credit rating just yet?

12

comments

Want to comment? LOG IN or SIGN UP
  1. TOP
  2. RECENT
  3. OLD
 TOP 12 Comments
  • Some banks (such as HSBC, and RBC if you are from Canada) can work with you international credit profile.
    Sep 2, 2019 0
  • Cisco
    sidwj$

    Go to company page Cisco

    sidwj$
    Having no credit is better than having bad credit. They will start you off at an ok-ish level and you will quickly build up your score.
    Sep 2, 2019 0
  • Amazon
    gehjbf

    Go to company page Amazon

    gehjbf
    go to bank, ask for their credit card meant for newcomers or low credit scores. pay ur bills on time, wait for score to go up.
    Sep 2, 2019 3
    • Amazon
      Fetch

      Go to company page Amazon

      Fetch
      As long as you pay your bills on time and use the credit card monthly, you can build a credit history in about a year (give it take a few months).
      Sep 2, 2019
    • Amazon
      gehjbf

      Go to company page Amazon

      gehjbf
      ask each bank for details, feel free to update here.

      also get a postpaid cell bill, it’s credit and will increase score. set up autopay.

      or just get mortgage now at higher rate and refinance when score is better
      Sep 2, 2019
  • Taylor Farms
    azerty_

    Taylor Farms

    azerty_
    BNP Paribas. Stay away from US banks. They don’t know what they are talking about
    Sep 2, 2019 2
    • Chase
      (╯°□°）╯

      Go to company page Chase

      (╯°□°）╯
      Lol wut. What makes you say US banks don't know what they're talking about? US banks are among the most well-capitalized banks in the world, and usually have more assets under management than their foreign competitors.
      Sep 2, 2019
    • Taylor Farms
      azerty_

      Taylor Farms

      azerty_
      “You don’t have a credit history in this country, therefore we recognize it as if you have no credit history at all”
      The majority of the banks nationwide :)

      Also, what does the average Joe care about banks’ assets under management? They still give 0.1% interest, while making the positive gains on the stock exchange with that same people’s money.
      Sep 2, 2019
  • Microsoft
    Tier 1

    Go to company page Microsoft

    BIO
    #1 in Prestige
     Tier 1
    First tech federal
    Sep 2, 2019 0