New to the country - No credit history

Hello Hackers,

Need some info, i have a friend who has just come into the country (less than couple of months). He has a job offer and currently working. He is around 40yrs, no driving history in the US and no credit history in the US. Is there any possibility for him to lease? Or should i just suggest him to go for a used car? He got a car loan pre-approved for 20K from one of the credit union.

He is looking for the least expensive option (sedan). No co-signer available.

Any thoughts/inputs appreciated.

3 posts were merged into an existing topic: The Credit Thread