Stilt provides loans for U.S. immigrants and the underserved, so that you can achieve your financial dreams.
If you’re new to the U.S.A. and don’t have a Social Security Number yet, you can still apply for a Stilt loan.
There is no cosigner required, so you do not need a U.S. citizen or permanent resident cosigner.
Plus, through Stilt’s Refer-A-Friend Program, you can earn a $50 new loan bonus and get $50 for referring friends.
Eligibility for Stilt Loans
To qualify for Stilt loans, you must live in: AZ, IL, FL, TX, PA, CA, MI, WA, UT, OH, GA, NY, NJ, WI, MA, or VA.
You must also have a valid Visa for at least 6 months.
Stilt accepts F-1, H-1B, O-1, J-1, L-1, TN, L-1, G-1, DACA, Asylum, and more.
However, B1/B2 and several other Visas are not eligible.
Immigrants and recent arrivals on a Visa are still eligible to apply without an SSN.
In addition, you must have a U.S. bank account (joint accounts are accepted).
You must also be on a U.S.-based phone plan with your own personal number.
How Stilt Works
Complete a Stilt loan application online, and they’ll send you an update within 24 hours.
If needed, you may be required to submit additional documents for verification.
Once verified, Stilt will send you a promissory note to sign.
After signing, Stilt will initiate the transfer of your funds, which take 2-3 business days to deposit into your account.
Once the loan is disbursed, you can schedule payments through your account.
If you are able, you can pay off the loan at any time without a prepayment penalty.
Stilt $50 Refer-A-Friend Bonuses
Once you receive a Stilt loan, you can refer friends to Stilt, and you’ll both earn $50 bonuses.
To refer your friends, log into your Stilt account and click the “Invite” tab.
You must complete the required fields and send friends a referral via email only.
To qualify, your friends must create a Stilt account only after receiving your referral email.
The email address used at registration by the referred applicant should also match the email address that was used to send the referral.
For a successful referral, Stilt requires a $15,000 minimum loan amount and a 6-month minimum payment term.
The referral bonuses will be credited to both accounts within 2 weeks after the loan is disbursed for the referred borrower.
The maximum bonus amount per calendar year is limited to $500 or 10 total referrals.
If you have a Stilt account, please feel free to share your contact information to exchange Stilt referrals in the below comments.