Shopping for car loans as a college student can be frustrating. Banks and other traditional lenders may turn you down because you don’t have credit or a cosigner. We believe in the potential you have as a college student and look beyond FICO credit scores to offer you better rates.
We can finance or refinance auto loans for both new and used vehicles. Our student auto loans begin at $5,000 with terms from 12 to 45 months.
|For College Students||Boro||Other Lenders|
|Approval Time||≤ 2 Business Days||Average ≥ 1 week|
|Build Credit History||Yes||Yes|
Checking your rate will not affect your credit score. ‡
At Boro we believe that all college students – including international students – deserve the opportunity to build credit and access financial services. In addition to providing loans for domestic students, we proudly provide loans for international students and expats. No SSN, credit history or cosigner required, as long as you hold an F-1 (OPT), H1B, O-1, L, J-1 visa or green card. Read more about international students.
You can go to any dealership within our covered states (see our auto loan state coverage) and apply for our auto loan. All you need to do is fill out the online application (see apply now) and we will get in touch with you regarding the following steps.
Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Massachusetts, Michigan, Nebraska, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Texas, Utah, Vermont, Virginia, Washington, Wisconsin, and Wyoming.
If your state is not listed here, you can visit and purchase from any dealerships in those listed states and we will get you financed!
* State restrictions may apply.
† To qualify for the lowest rates, you must have a responsible financial history and meet other conditions. See APR examples.
‡ To check the rates and terms you qualify for, a soft credit inquiry that will not affect your credit score will be conducted. A hard credit inquiry will only appear after you sign your loan agreement and thus may affect your credit score.