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Where can I get help with my student loan repayment as an international student in the US?

I have recently graduated from university in the US and will be required to start my student loan repayment process. Therefore, I am seeking help in finding a lender that provides school loan consolidation or refinancing services for international students.

I understand that international student loans tend to have very high-interest rates. Assistance from a lender will help me service the loan at a lower rate.

A student loan deferment is not an option right now since I have already asked for it.

Samantha Stevenson

in Student Loans

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Zach Chandler on March 16, 2018

For international student loan servicing, I highly recommend Stilt. This organization was started with the noble intention of providing better services and lower interest rates to people in your position.

It is one of the best private lenders offering student loan repayments for international students in the US. Their loans are specifically meant for immigrants and the underserved in America. These include J-1, TN, O-1, L-1, F-1, OPT, H-1B and DACA visa holders.

Key features:

  • You do not need a co-signer because loans are given considering your future and financial performance. Hence, having a co-signer does not affect your interest tariff.
  • Soft pull services: This service provided by Stilt gives information on your credit record without affecting your credit score.
  • Decision on your application is given within 24 hours
  • Loans given range from $1,000 to $ 25,000
  • Interest rates from 7.99% per annum
  • Repayment duration of up to 2 years

Advantages of Stilt loans

  1. Low rates of interest: This organization analyzes your work experience, financial behavior, education and income to give you low-interest rates. The lower interest rate will make repayment easier thus eliminating the possibility of deferment of your student loan during financial scarcity.
  2. No hidden charges: No concealed charges are levied. You make your exact repayment.
  3. No Prepayment monies: You can make payments as early as it is convenient for you. Therefore it allows you to save interests that arise with making them.

The following are some of the factors that affect the interest rates on your school consolidation loan at Stilt:

  1. Your credit past- It is better to lack a credit past than to have a bad credit history. Ensure that you have no credit misconduct, late repayments and defaults on credit. If you already have a history, be sure to avoid making other mistakes. This shows improvement.
  2. Small debt to income ratio - Do not use credit that surpasses your income. There is a small chance of getting into this problem if you have a big loan that requires monthly payments. Unfortunate situations such as losing a job will put you in danger of attracting higher interest rates, lower credit results and late fees.
  3. Have a positive cash flow - Saving some money gives you a positive cash flow.  Lenders love this quality in a borrower since it shows you can keep repaying even when you experience money uncertainties.  

Leigh Manna year ago

I strongly agree with this response. Two years ago, I managed to secure an international student loan from Stilt. It really helped me save on the currency exchange charges. Moreover, it helped me create an excellent credit history.

Let me provide some advice that will increase your prospects of being approved:

  • Full-time employment or a job offer- Your chances of getting a Stilt loan increase when you are in a full-time employment. A job offer is also a positive.
  • No credit misconduct or defaults - If you use credit cards and have a considerable history when it comes to credit make sure there are no defaults and misconducts.
  • No bank charges- Some banks charge insufficient funds and overdraft charges without your knowledge. Such fees lower your chances of success since they indicate that you are not very responsible with finances.
  • Positive cash flow
  • Valid visa that is easily renewable


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