No, minors cannot legally enter into financial agreements.
NOLO legal books are available at the library, GREAT do-it-yourself legal...
The cosigner evidently didn't have great credit either, since the loan didn't get approved. It will still reflect on the cosigners credit report that they applied for a loan. Multiple inquiries will reduce your credit score.
No. Lender's do not have to extend credit to anyone even if the person meets all the requirements. The exception is that a lender cannot discriminate under the civil rights laws.
To get a personal loan with no credit or cosigner you can go online to find an online short term personal loans lending service.They are easy and convenient if you are in need of extra cash between paychecks.One great aspect of short term personal loans is that you do not need a cosigner on the loan and the lender will not perform a credit check.To qualify for short term personal loans, you must:Be 18 years of age or older.Be a valid United States resident.Have a job with monthly income.And, you must have a current checking account at your bank.
fafsa.ed.gov is a great start.
After 18, age is not the issue, it's your credit rating. You could be 50 and need a cosigner if your credit is bad.The way to good credit is to pay all your bills and credit charges within the grace period. Credit cards are a great way to work your credit rating up, but they are dangerous if you don't use them correctly!Think clearly about what you buy. If you can't afford it, don't buy it.Always pay the balance due within the grace period.Only use your credit card to buy what you can afford to pay back.Never spend credit you cannot pay back at the end of the month.If you have to spend more than you can pay back at notice, pay it down as fast as you can.Your credit rating has allot to do with "Available Credit" which means the amount of credit granted to you that you do not have obligated.
There are several options for people who don't have great credit scores when purchasing a new vehicle. This website tells you everything you need to know about how to buy a car when you have a bad credit score http://www.buyingcarswithbadcredit.com/
They can be a great idea. Credit repair is something you can do for yourself for free, however it can be time consuming. If you feel you do not have the time or patience to do it yourself, or that your time is better spent doing other things, then hiring a credit repair agency to do the work for you makes sense. After all, we can change the oil in our vehicles, but how many of us out of conveniece take the vehicle into a mechanic to do it for us? Credit repair agencies are great for convenience.
do you mean repo man? you have your car taken,then it is wholesale sold,you get the bill for the difference on what they sold it for and what you owe . not a great way to help your credit either.
Great Wisconsin Credit Union was created on 1935-09-14.
Anytime you co-sign anything with anyone your credit is just as much affected by it as their credit is. The reason we co-sign is because the person you cosigned for did not have enough, or good enough credit. When you co-sign for someone and you have good enough credit to get them the loan or the apartment, your just becoming the responsible in the situation. The outift accepting the application can see that the original person doesn't have that great fo credit but you do, so they know there is someone responsible to make sure that the payment is made because if they don't make their payment the first person the loaner is going to call is the cosigner, and it hurts your credit just as much as it hurts theirs.
If you are looking to rebuild your credit and the prepaid credit card offers credit bureau reporting then they are a great option to help rebuild. Capital One offers a great prepaid credit card and they report to all 3 credit bureaus.