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Can a 16-year-old take out a small loan for about 300 dollars?

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βˆ™ 2006-07-27 15:24:00

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No, not by him/her self. If the lender will agree to doing the loan at all, a co-signer 18 yrs. or older would be needed. 16 is not of legal age.

2006-07-27 15:24:00
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Q: Can a 16-year-old take out a small loan for about 300 dollars?
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