topic Re: F1 visa can get auto loan ? in Auto Loans

F1 visa can get auto loan ?

Anonymous — Sun, 20 Jan 2013 04:33:45 GMT

Hi,

I am looking for a new car but i have trouble with dealer in term of apply for financing a car.

I am a full time job and is in F1-Opt visa ( transition to H1b). Can we get auto loan to buy a car from lender ? I know that Honda doesn't let F1 visa customer to finance buy a car.

Which bank or any lender to let you finance a car with f1 visa ?

Thanks,

Re: F1 visa can get auto loan ?

pontevecchio — Sun, 20 Jan 2013 22:39:35 GMT

Since you have a student visa it is possibly a reach for a Car Dealer to consider you for a Loan. Once your H1 status kicks in you may be in with a better chance. Obviously you have no Credit History on file. Join a Credit Union and once you are working in H1 status talk to them.

Re: F1 visa can get auto loan ?

ibmrad7 — Wed, 23 Jan 2013 16:04:06 GMT

Toyota gives auto loans to people on OPTs. One of my colleague got a approved for a new Camry loan with 3K down this past Thanksgiving.