Daca-friendly banks for auto loan?
 

My credit is in the high 600's and I'm giving 2000 as down payment. I went to Wells Fargo and they approved me but they said it would be 13% interest rate. I asked around and many banks said they dont accept non-residents.

Re: Daca-friendly banks for auto loan?
 

Try PenFed.

Re: Daca-friendly banks for auto loan?
 

Try Hertz Auto Sales, they sell their used rental cars. They accept daca

Re: Daca-friendly banks for auto loan?
 

That's ridiculous. As long as you have a social they can't say anything.

Re: Daca-friendly banks for auto loan?
 

I got a 3% loan from Harris Bank. I never mention anything, never show my social. I have a decent credit score though almost 800.

Re: Daca-friendly banks for auto loan?
 

I went to Tyndall and they asked why my driver's license said temporary and told me to "come back when you become a resident". He was such an a-hole

Re: Daca-friendly banks for auto loan?
 

Look for credit unions. Even my own bank denied me with someone being a co-signer.

If in Washington state WSECU should offer you a loan. I too got a 3% APR loan with just DACA but I had a good credit history at the time.

Whatever you do, don't go through the dealership because they'll take at least a 2% on top of whoever they find to finance you the car.

Re: Daca-friendly banks for auto loan?
 

I'm sorry that happened. Best thing to do is to try somewhere else. Try capital one, I have a loan with them. Their process is all online

Re: Daca-friendly banks for auto loan?
 

Do not buy used cars from a rental place. I repeat do not buy from there.

Re: Daca-friendly banks for auto loan?
 

Credit unions offer great deals on auto loans and are not as judgemental if have good to great credit.