Perhaps I am not reading your posting correctly, but... As a minor you cannot enter into a (legal) contractual agreement. And you most assuredly would not be accepted as a cosigner for any type loan.
Yes! I was 20 when my dad co-signed for me on a used car loan. After 3 days of "searching" for a bank that would approve us, we ended up with 21.85%! Im refiancing at the 1 year anniversary.
If you are a minor, you cannot LEGALLY cosign or sign any loan/contractual agreement.
absolutely not. Minors are not able to cosign any loans, only an adult (eighteen years or older) is aloud to cosign a loan. the law states that any minor is not responcible for the repayment of any loan.
Yes, your parents can cosign for a loan and if you are smart keep up the payments on that loan as it will give you a good and early credit record. If you don't keep up the payments it's a lousy thing to do to your parents, and they will be stuck paying that loan. Marcy
Only through your parents can you get one. A credit card is basically a loan from a bank that you pay back with interest. This means you sign a contract with the bank and you can't legally do that until you are 18 and an adult. A minor can't sign contracts.
No, they can't accept that their parents or one of them authorize that they can, and if they do they need to really check that their son or daughter is responsible enough for a credit card. A minor may be able to use an adult's credit card if the credit card owner has officially authorized the minor to use it.
If you are a minor, you cannot LEGALLY cosign or sign any loan/contractual agreement.
absolutely not. Minors are not able to cosign any loans, only an adult (eighteen years or older) is aloud to cosign a loan. the law states that any minor is not responcible for the repayment of any loan.
Yes, your parents can cosign for a loan and if you are smart keep up the payments on that loan as it will give you a good and early credit record. If you don't keep up the payments it's a lousy thing to do to your parents, and they will be stuck paying that loan. Marcy
If you are an adult then your parents cannot prevent it. If you are a minor it is likely your parents are acting in your best interest.
Only through your parents can you get one. A credit card is basically a loan from a bank that you pay back with interest. This means you sign a contract with the bank and you can't legally do that until you are 18 and an adult. A minor can't sign contracts.
If the bill belongs to a minor, it will most likely be put on the credit report of the responsible party, which would be one of the parents, or the legal guardian of the minor at the time the debt was accrued.
no
No, they can't accept that their parents or one of them authorize that they can, and if they do they need to really check that their son or daughter is responsible enough for a credit card. A minor may be able to use an adult's credit card if the credit card owner has officially authorized the minor to use it.
Your parents or legal guardians can request one for you. As a minor, you can't get one yourself as you don't have the legal authority to accept the contract terms.
If the parents are the primary card holders and let the child use the card, yes. If the child is a minor, yes. If the parents are a co-signer for the account, yes. If the child is over 18 and the credit card is their own, no.
Either find another person with GOOD credit to co-sign for you OR go to a BHPH (tote-a-note) lot.
If the minor child's interest needs to be monitored the court will appoint a guardian ad litem. Custody issues are legal matters between parents.If the minor child's interest needs to be monitored the court will appoint a guardian ad litem. Custody issues are legal matters between parents.If the minor child's interest needs to be monitored the court will appoint a guardian ad litem. Custody issues are legal matters between parents.If the minor child's interest needs to be monitored the court will appoint a guardian ad litem. Custody issues are legal matters between parents.