Loan Requirements in the USA
The USA offers numerous loan options for students, including federal and private loans. International students typically need a U.S. co-signer. Understanding your financial health is key, as lenders assess your credit score, income, and repayment ability.
- Credit score of at least 600 (for personal loans).
- Proof of income (pay stubs, tax returns).
- Employment status verification.
- Debt-to-income ratio (DTI) below 43%.