Nomad Credit - Frequently Asked Questions

Frequently Asked Questions

Nomad Credit has relationships with lenders that provide credit or insurance productsto international students and/or visa holders currently or planning to live in the U.S. Our platform is designed to efficiently connect those that need credit with those that will provide it.
Currently, we can help you find student, personal and auto loans as well as student loan refinance, credit cards and international payment options. We can also help you find health, auto and renters insurance.
We don't charge our customers any fees. Our platform is free to use for customers.
There is no way to know for sure if you are going to be approved by a lender until you fill out an application with that lender. All lenders have different credit criteria. However, having a cosigner and/or an acceptable credit score will increase your likelihood of approval.
Yes, Nomad Credit's mission is to help those with little or no credit find a loan.
Yes, you may search for options if you aren't a U.S. citizen. Nomad Credit was created to help non-U.S. citizens find the credit they need, including international students studying or planning to study in the U.S.
Yes, you may search for options if you are a U.S. citizen. Nomad Credit wants to help all customers with little to no credit find a loan.
Yes, we highly encourage it. Information from your previous searches such as name, address, etc. will be auto-filled into your new search to help save you time and effort.
All information that was filled out in a previous search will be auto-filled into your new search. Any personal information that has changed since your last search will need to be changed on your new search.
For student loan products, having a creditworthy cosigner may increase your loan options and reduce the interest rate on your loan.
Each lender may have different eligibility requirements, but generally a cosigner can be a parent, relative, spouse, friend or anyone else who is willing to help. They should have an acceptable credit score and income. They will be required to make your loan payments if you can't.
You should enter your individual financial information including income and expenses. For example, if you pay for half of your house, then enter half of the total rent or mortgage payment.
You will be notified of any potential options after submitting a search.
If there aren't any loan options that fit your profile, we may reach out to help you find a lender not currently on our platform. We are a young company, so not all lenders that we know who may lend to you are on our platform yet.
Nomad Credit doesn't pull your credit. You're able to submit a search without getting your credit pulled.