Yes they can! When i was 17 my dad co-signed for me to get a $14,000 car! Let me tell you it helped me ALOT and now im 22 and that alone built up my credit so much! Just make sure you make your payments on time so you dont put out whoever co-signed for you!
Not possible as the applicant is a minor.
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.
no
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.
No, you cannot. In the state of Indiana, as in most states you are not considered to be of legal age to enter into any contract until you are 18 years old.
Not possible as the applicant is a minor.
No, minors cannot legally enter into financial agreements.
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.
no
A 17 year old will not be able to get a car loan for $5,000 dollars without a co-signer. Most banks will not give a 17 year old a loan even with a co-signer.
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.
no
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.
No, you cannot. In the state of Indiana, as in most states you are not considered to be of legal age to enter into any contract until you are 18 years old.
Until you are 18, or are legally emancipated, you won't be able to sign a binding contract for the lease. But the owner may accept the cosigner's signature.
auto loanyes u can im 17 and i got a loan on a Toyota supra
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