Alliant CU

[hawaiitony]

I recently was approved membership with Alliant. I currently reside in Guam, which is a territory of the USA located in the Western Pacific. I applied for auto refi (4.6%) but the credit analyst said the loan would be denied because they could not title the car in Guam. I accepted that and asked if I would qualify for  apersonal loan, since she already pulled a hard from EQ, she came back and told me that she had spoken with a supervisor and was afraid they would not be able to extend me any credit (auto, personal or CC) because I did not live in the United States. I sent her a reference to the Organic Act of 1950, which is a federal law designating Guam as a territory of the USA, but am waiting to hear from her. Due to time differences and her work hours, all communication, so far, has been by email. Any advise on what I can do from anyone?

Message Edited by hawaiitony on 09-05-2008 01:19 PM

[llecs]

Maybe she stopped reading the newspaper after July of 1944.

Reminds me of a certain "US Americans" clip from a certain pageant.

I'd go above her hear if you don't hear from her. I'd under stand the car. It would be expensive for them to repo the car and sell it stateside if they can't sell it there.

[hawaiitony]

As an update, I received an email from the general manager, of the Ohare branch, who informed me that credit can not be extended to anyone who does not reside in one of the 50 states of the United States. I sent an email to the President of Alliant. Still waiting for a response, although I know he is just going to reiterate what I have already been told.

Edited to add:

I received a reply from the President/CEO of Alliant in less than 10 minutes. He says:

Mr. XXXXXX,

I have received your email and will follow-up with our lending managers to reconsider.

Thanks for contacting me, and thanks for your membership.

Message Edited by hawaiitony on 09-08-2008 03:37 PM

Message Edited by hawaiitony on 09-08-2008 03:37 PM

[Anonymous]

They might be in violation of some kind.  Gannnett Newspapers (USA Today) had a paper there many years ago.  Probably still does.

[hawaiitony]

Can you give me an idea of what to search for?

[Anonymous]

They are not a possession just like Puerto Rico?  you could try googling banking or credit laws.  Or maybe ask your local bank or CU to explain to you.  Try posting under different heading to attract posters from other areas. 

I know we have posters from other countries that have gotten credit even without a SSN .  They do live in USA though.

Good luck

What banks are in Guam?  I believe they could help you alot.

Message Edited by casinoannie97 on 09-13-2008 03:01 PM

Message Edited by casinoannie97 on 09-13-2008 03:03 PM

[haulingthescoreup]

hawaiitony, that's a thought. You might want to retitle your original post "Problems getting credit in Guam and other US territories?", or something similar.

fused lives in Hawaii but travels to Guam often. You might also pm him for ideas.

I honestly have no idea what the chartering laws for banks and credit unions say about providing service in the US territories.

[Anonymous]

I googled banks in Guam (citi bank has branch) and also Credit Unions in Guam and got some info.  I feel sure they could help you.

[Geordi]

To the OP,

Sorry about your problems. What is at issue isn't whether or not Guam is a United States Territory, it is what are the laws in Guam that govern credit issues both the extension and collection thereof.

US Federal law covers the 50 US States, but there are serious gray areas for how US Federal law applies to US territories.

Being ex-Navy, I definitely understand your problem but I also have experienced similar issues first-hand when stationed abroad. Unfortunately, no-one can make a financial institution extend their services to ANY geographical area.

There are lots of credit unions that have very limited terms of membership even here in the US.

GL

Message Edited by Geordi on 09-13-2008 09:53 PM