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You'll have to ask the car dealership. Most won't be eager to provide a loan that outlives a person's legal status in the US. The more you can put down up front, the better chance you have at anything.


K1 Visa Process AOS Process

Mar 18 2013: I-129F mailed to CSC Nov 15 2013: I-485 with EAD/AP filed at Chicago Lockbox

Sept 19 2013: Interview - Approved!! Jan 25 2014: EAD/AP Card Received

Oct 6 2013: POE - Chicago O'Hare June 2 2014: Permanent Resident Card Received!

Oct 27 2013: Wedding!

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My hubby got a car loan at an outrageous interest rate after 6 months of employment and 7 months in the US. They wanted to see pay stubs. 9 months later he got a better vehicle at a much lower rate and payment.


01/28/2013 I-130 package sent

01/31/2013 Notice of Action Date After POE
02/01/2013 Received e-mail and text notification of acceptance
11/26/2013 Applied for SS#
02/04/2013 Received hard copy NOA1 (case not found in on-line system) 12/02/2013 ELIS site still states "accepted"
03/12/2013 Transferred to the local office 12/27/2013 received green card
04/10/2013 Case still not found in on-line system
04/15/2013 INFO-PASS appointment

05/01/2013 NOA2 sent petition approved

NVC Stage...of course it has to be complicatedreading.gifrolleyes.gif

05/09/2013 Case received by NVC

05/23/2013 Received case #'s from NVC

05/23/2013 DS-3032 sent from husband's e-mail

06/03/2013 First day I can not access payment portal

06/04/2013 AOS Fee invoiced and payment made

06/04/2013 DS-3032 resent with Supervisor Review

06/05/2013 DS-3032 acceptance e-mail

06/05/2013 AOS Fee shows "PAID"

06/06/2013 AOS package express mailed

06/07/2013 IV bill invoiced and payment made (still waiting on documents from Hubby)

06/08/2013 IV package express mailed

06/25/2013 IV reviewed - Checklist (2 errors, Birth document & date on DS-230)

06/26/2013 Requested supervisor review by e-mail & verbal request for birth document (fingers crossed)

06/27/2013 AOS accepted

06/28/2013 Checklist response sent for corrected DS-230 (I had my husband sign extra's just in-case)

08/02/2013 NVC requested a supervisor review on the checklist item over 20 business day window

08/05/2013 Case Complete!!! kicking.gif

08/27/2013 Interview Assigned

10/30/2013 Interview

11/04/2013 Pick up Passport

11/12/2013 POE @ JFK

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HI guys ,

Can I have a car loan from the bank ? I just got a job offer ...

Does the bank need 6 months history !!! How i can have 6 months if I just got recently my green card !! ...

Thank you

Hi,

Maybe.

Without a credit history, most lenders will be reluctant to take a risk on you. If you do manage to get a loan, it will carry a higher rate because you lack a credit history.

Best of luck

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neo - the bank will want to see credit history and steady income. You need to build your credit history. The best way to do that is to go to the bank and get a "secured" credit card. Then after 6 months or so of using the card and paying it off every month, you can start to apply for other lines of credit.

As far as a new immigrant with their first job in America, you will probably have to get a car loan with your wife. She would be the primary borrower, and your name would also be on the loan. With good, on-time payments, this will build your credit and you will not need someone for the next loan.

Sometimes this isn't possible right away, and people have to buy used cheap cars that they pay cash for until they have built their credit history.

How long ago did you get your green card?

Edited by 2far

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neo - the bank will want to see credit history and steady income. You need to build your credit history. The best way to do that is to go to the bank and get a "secured" credit card. Then after 6 months or so of using the card and paying it off every month, you can start to apply for other lines of credit.

As far as a new immigrant with their first job in America, you will probably have to get a car loan with your wife. She would be the primary borrower, and your name would also be on the loan. With good, on-time payments, this will build your credit and you will not need someone for the next loan.

Sometimes this isn't possibly right away, and people have to buy used cheap cars that they pay cash for until they have built their credit history.

Thank you for your answer.

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