Stilt Inc., a San Francisco-based lender and FinTech company that caters to immigrants and noncitizens, was acquired by JG Wentworth, a nationwide consumer finance company, in late 2022.

Historically, Stilt offered personal loans to those who wouldn’t otherwise qualify due to their citizenship status. However, Stilt will no longer be offering personal loans. For those interested in a personal loan from Stilt, it may require a bit of research to find companies with similar lending structures, but it’s not impossible.

Alternatives to Stilt personal loans

While shopping around will help you find the best personal loan for your situation, here are a few online lenders that offer similar APR ranges and eligibility requirements to Stilt personal loans.

Lender APR range Loan amount range
Earnest Varies by lender $5,000-$250,000
Upgrade 7.96%-35.97% $1,000-$50,000
SoFi 7.99%-23.43% $5,000-$100,000

SoFi

SoFi offers personal loans to noncitizens as long as they meet the eligibility requirements. Permanent residents, visa holders and DACA recipients are all welcome to apply. However, nonpermanent, undocumented persons (including asylum seekers) and DACA recipients are required to apply with valid documentation showing current immigration status.

While the lender does offer some of the most competitive rates on the market, it requires that borrowers, or their co-borrower, have a solid credit score and make a steady income — or have an offer of employment starting within 90 days — to get approved.

Upgrade

Upgrade’s minimum requirements are more flexible when compared to most personal loan lenders, making its products accessible to noncitizen residents. While this is a unique perk, the company does charge a high maximum APR for those with less-than-ideal credit and carries an origination fee, which can detract from the overall value of your loan. However, it does allow joint applications, which could help you score a more competitive rate.

Nonpermanent residents living in the U.S. on a valid visa are eligible for an Upgrade personal loan. Applicants must also be at least 18 years old , have a valid email address and have a verifiable bank account.

Earnest

Earnest has partnered with Fiona, a lender matching platform, so borrowers have a greater chance of getting approved for a loan. Fiona matches borrowers to lenders they qualify with after filling out a single application.

Although the lenders have differing qualification requirements, noncitizen permanent residents may have an increased chance of approval through Fiona’s marketplace model. Keep in mind that each loan comes with financial and credit requirements, so those who don’t meet the criteria or want to score a better rate do have the option of applying with a qualifying cosigner.

Why doesn’t Stilt offer personal loans anymore?

JG Wentworth announced the acquisition on Dec. 5, 2022 and stated in a press release that the aim of the move is to combine the strengths of both companies; the national brand recognition of JG Wentworth and Stilt’s digital platform.

However, this also means that Stilt will no longer be servicing personal loans, as it is now owned by JG Wentworth. While the Stilt website does reflect that it offers personal loans, it will redirect the user to JG Wentworth should they express interest in a product.

As of now, JG Wentworth offers structured settlements and debt relief programs.