Probably not. In most states you can not sign a contract.
You can't but your parents can take one out and then you just pay them.
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.
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.
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
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.
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.
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.
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.
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.
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.
It will lower your credit rating as finance companies will view you as person slow to pay.
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.