What is acceptable financial support?
Supporting financial documents must be: 1) in English, 2) original documentation (no copies, faxes or scans), 3) dated less than 6 months old, and 4) clearly state the amount of funding available in US dollar equivalent. You may have multiple sponsors. Each sponsor must provide a signed Affidavit of Support noting the amount of money they will provide for each year of support and provide original documentation of their financial resources. Some banks do not provide statements with a US dollar value. In this case, the currency being used must be clearly indicated. OIE will use an internet conversion site to determine the approximate value of the balance.
Financial support can mean different things depending on the situation, especially when it comes to short-term needs or unexpected expenses. I’ve used snapfinance in the past for a no-credit-needed purchase, and while the process was pretty fast, it’s definitely something people should read the terms on before jumping in. It’s not a traditional loan, but it fills a gap for people who don’t want to go through a bank. Useful in the right situation, just needs a bit of research upfront.
