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the 18 yr. old must apply for financing to buy the car of his/her dreams and obligate themselves to paying the payments .

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Q: How does an 18-year-old on Social Security obtain a car loan?
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Related questions

How can you get a car loan without having a social security number?

A Social Security Number or Taxpayer ID Number are generally required in order to obtain a mortgage loan.


Is it illegal to use a false Social Security number to obtain a bank loan?

yes


Can an authorized user of a credit card obtain any private information on the primary user such as Social Security number or loan balances?

No .


Can someone on social security benefit's cosign for a loan?

Yes, someone on the social security can be able to cosign for a loan. The person cosigning the loan however has to have good credit regardless of his availability on the social security benefit.


What information does one need to provide to obtain a Countrywide home loan?

Information required is social security number, income, amount of loan, what the property is worth, and source of income that will be used to repay the loan.


Can social security take your check if you are a co-signer on a student loan?

If you are on social security you should not be cosigning on a student loan. You would be guaranteeing that if the student doesn't pay off the loan you will. The federal government can garnish your social security benefits to recover student loan payments.


Can a payday loan company get money from you if you are on Social Security?

Not likely. Most insurers, if they know that they are on social security benefits, would not loan the money to them.


Do you need your social security card with you to apply for a loan?

Yes. The business providing the car loan must run a credit check and that requires a social security number. While giving a retailer your social security number is optional, it isn't when trying to obtain credit.


How can you obtain a mortgage wihout a Social Security number?

You cannot refinance a mortgage if you don't already have a mortgage, so how did you get a mortgage if you are an illegal immigrant with no social security number? You should attain legal status first.


Can a representative payee for a social security disabled child get a loan on the child's disability check?

No, a representative pay will not be able to get a loan for a child's social security disability check.


Can a student Loan take money when your social security disability check under 750?

Can a student Loan garnish money, From your social security disability check when it is under $750.00


Can a payday loan garnish social security in Texas?

YES