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Stilt Overview
Stilt personal loans are best for people who have a very bad credit score. You can get approval from this lender easily if you have bad credit but have a valid American visa.
Stilt Personal loans are specialized in giving loans to “immigrants, visa holders and underserved people” who live in the U.S. Even if you don’t have any credit history or a Social Security number, you can still apply for a stilt personal loan, depending on other financial factors.
There is no minimum credit score requirement for this loan. Stilt Personal loans don’t disclose any specific APR but they charge approx. 8% – 25%. Stilt also charges origination fees which are also not disclosed. They offer a flexible repayment period from 6 to 24 months.
Pros
- Loan amount starting from $1,000 – $35,000
- You May qualify if you hold certain U.S. visas
- Stilt offers no pre-payment panalty
- At Stilt they dont consider you credit score{alertSuccess}
Cons
- Stilt do Charges a originaiton fees.
- Dont accept co-signners
- APR is not disclosed but approx. is 8% to 25% {alertError}
Can Be Used as Debt Consolidation Loan
Stilt offers personal loans for many purposes such as debt consolidation, home improvements, and big purchases. So if you are looking for a big loan amount then Stilt can be the best option for you if you have a bad credit score.
Annual Interest Rate and Fees
Stilt does not disclose any APR on their website but based on the reviews of consumers on the internet it is concluded that you’ll get an apr of 8% – 25%. They also charge an origination fee which is also not disclosed on the website. you will get to know these rates at the time of pre-qualification and how much APR and origination fees will be charged from you.
Minimum Credit Score Required
Offered Loan Amount
Eligibility Criteria
Required Documents
- Valid Identity Proof, VIsa
- Have to provide a DOB.
- Valid current mobile number and Email id.
- An active American bank account.
Repayments Terms
Example of the Stilt loan
How to Apply for Stilt :
- If you have decided to apply for Stilt personal loans then just go to their website after that you have to fill out a short application form and then within 24 hours, you’ll get an update regarding the loan.
- So you have to enter your personal information regarding the loan like
- Name, Address, Income, House Details, Employment details.
- A U.S. address in a state where Stilt is licensed to operate
- An eligible visa that’s legal and valid for at least six months
Who is this loan good for
Editorial Note: MakeHelpOf does not receive any commission from any website or third-party advertisers. This is just a review article based on consumers’ experiences from the internet. It’s accurate to the best of our knowledge when it’s posted. Please read all the information carefully before you make any decision. {alertInfo}