Credit (California Immigrants)

From ConsumerWiki
Revision as of 16:01, 17 October 2019 by Cinsuar (Talk | contribs)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

814-Other Federal Agencies


United States citizenship is not required to obtain credit, but other factors may affect credit status as follows:

  • Assets (property, savings, etc.)
  • Character (how worthy of trust)
  • Current salary and expenses
  • Credit history (how credit was managed in the past)

Immigrants applying for credit should be made aware of the Equal Credit Opportunity Act which prohibits creditors from basing their decisions to extend or deny credit on certain factors. Creditors may not consider any of the following:

  • Sex, age, race, color, religion, or national origin
  • Marital status
  • Receipt of public income or assistance or
  • Exercising rights under the credit laws (for example, disputing an invalid charge on a credit account)

Immigrants should be made aware of scams and abuses and should refuse to do business with people who do any of the following:

  • Approach you on the street, call you on the phone, or come to your home to offer you credit
  • Promise interest rates much lower than other creditors or
  • Refuse to tell you in clear language your payment schedule or finance charges

Department of Homeland Security

U.S. Citizenship and Immigration Services

Sacramento Sub Office

650 Capitol Mall

Sacramento, CA 95814

(800) 375-5283


American Civil Liberties Union (ACLU)

  Directory of State Agencies 
    Directory of State Agencies
  Directory of Federal Agencies
    Directory of Federal Agencies 
  Return to DCA Home Page
    Return to DCA Home Page