Chicago-based Westbon has launched an auto and consumer loan platform for international students in the US with limited or no credit history; Hao Liu, co-founder of the company, says, “Our mission is not only to provide them with convenient financing options at affordable rate, but also to help them build credit history at an early stage.”; the company says it looks beyond a traditional credit score, they look at the borrower’s financial and academic status as well; the auto product will be available in 23 states and the consumer products in eight states. Source
