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Need to be a US-Citizen to get Loan Approved from CU's?

Discussion in 'Model 3' started by JeanKam, May 1, 2018.

  1. JeanKam

    JeanKam Member

    Joined:
    Mar 12, 2018
    Messages:
    20
    Location:
    Atlanta
    Folks, i had strange experience with a Credit union regarding eligibility and i was told its the same with all Credit Unions.

    Does one need to be a US-Citizen to get approved for Auto-loan from CU's ? (i'm on my work visa waiting for GC. Configured 3 on 4/13 hoping to get it delivered within next 4-5 weeks)
     
  2. tpatana

    tpatana Member

    Joined:
    May 15, 2017
    Messages:
    358
    Location:
    Redmond WA
    I have auto loan from CU and I'm not citizen.
     
  3. arcus

    arcus Active Member

    Joined:
    Aug 11, 2017
    Messages:
    1,253
    Location:
    Denton, TX
    Citizen - no, but not sure if work visa is sufficient.
     
  4. Lipsyte

    Lipsyte Member

    Joined:
    Jan 15, 2017
    Messages:
    70
    Location:
    SoCal
    Citizen : no.
    I guess some CU might need you to have a legal status that cover the length of the loan ?
     
  5. JeanKam

    JeanKam Member

    Joined:
    Mar 12, 2018
    Messages:
    20
    Location:
    Atlanta
    i have a CU which wants loan tenure to be remainder of VISA and another one doesn't want to work with VISA holder.
     
  6. bthienthai

    bthienthai Member

    Joined:
    Dec 27, 2017
    Messages:
    120
    Location:
    orange, ca
    If you don't have a SSN, it would be a problem. If you have one, I don't see why it can't be approved.
     
  7. JeanKam

    JeanKam Member

    Joined:
    Mar 12, 2018
    Messages:
    20
    Location:
    Atlanta
    Yes i have an SSN been here in US since 2006.. i have a 30 yr mortgage with a bank too...
     
  8. bthienthai

    bthienthai Member

    Joined:
    Dec 27, 2017
    Messages:
    120
    Location:
    orange, ca
    That's strange. You can get 30year mortgage, but can't get a 5year loan on a car. I say screw them and go somewhere else. I've had bad experience with CU too. They're very beurocratic and arrogant. I have a stellar FICO score of 820, and have credit card limit of up to 30k from other banks. Yet, they denied my credit card application. Go figure :)
     
  9. Pkmmte

    Pkmmte Le meow

    Joined:
    Sep 19, 2017
    Messages:
    604
    Location:
    Los Angeles, California
    I'm not a citizen either but I do have a SSN. I think Logix Federal Credit Union allows loans as long as you have either a SSN or a TIN.
     
  10. scrapps

    scrapps Member

    Joined:
    Jan 10, 2016
    Messages:
    196
    Location:
    Norwalk, CT
    Permanent resident here and never had an issue with any loan through CU or not.
     

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