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A pay day loan but you are only 17?

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Anonymous

17y ago
Updated: 8/17/2019

Probably not. In most states you can not sign a contract.

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Wiki User

17y ago

What else can I help you with?

Related Questions

How do you get a car loan at 17?

You can't but your parents can take one out and then you just pay them.


What does an average 300 pay day loan end up costing?

pay day loans can become very costly if left unpaid back and should only ever be used as a short term solution not a long term one. they tend to have very high interest rates plus fees of upto $17 per $100 so a $300 loan could cost over $600 over a month with around 200% intrest.


I am 17year's old and i need a loan for 8000. I have a cosigner I need this money to pay for my room and boarding at my campus since i cant no longer live with my father?

Since you are 17, most states still consider you a minor. Your cosigner will probably have to take the loan out in their name only and be responsible for its repayment.


You got a student loan at 17 years old are you obligated to pay back the loan since you shouldn't have been able to enter a legal contract as a minor with no cosigner?

Morally yes, legally... it depends. If it was a federally backed loan then you have to pay it back no matter the circumstance. If it was a private loan, then depending on your state laws it may have reached its statue of limitation


How can a 17 year old apply for a personal loan?

Most companies don't loan money to 17 year olds. You'll be more successful if you can get a co-signer. This can be anyone, a friend or relative, who has a job and has credit established. You'll need a bank account. You can't get a loan unless you have a job. If you have a job, you might be able to get a PayDay loan which means you have to pay it back next month.


If you gat a car with a cosigner and your 17 at the time can you have the car put in your name and get credit for the payments being made when you turn 18?

The terms of the loan are between the bank, and you and your cosigner. To remove the cosigner, the bank would have to agree to pay off the loan and issue a new loan in your name only. Since the value of the car has probably decreased faster than you are paying down the loan, it is unlikely that there is any credit being generated.


Can you get a car loan at 17 with a co-signer?

Yes, you can get a car loan at 17 with a co-signer who is willing to take responsibility for the loan if you are unable to make payments.


Can you get a loan at 17 with a co-signer?

Yes, you can potentially get a loan at 17 with a co-signer, as the co-signer's credit history and income can help secure the loan.


As a 17 year old can i get a loan?

Yes as a 17 year old you may get a loan from your local bank. The chance they will approve the loan however depends on your credit score.


You are 17 years old and want a loan?

Work, save, and pay cash. Under almost every circumstance, if you take this answer seriously at any age, you will eventually be glad you did.


Had a loan for six years but you had 17 payments over 30 days How does this affect your credit?

It will lower your credit rating as finance companies will view you as person slow to pay.


How old does the cosigner have to be for an automobile?

In the eyes of the court, no minor can legally contract. Thus to be a co-signor on a loan (which is a contract to pay back borrowed money) each person must be over the age of 17. Only 18 or older may sign legal contracts.