A simple one word answer in NO. In law, the contract of a minor is voidable (by the minor) not void. Practicably, lenders do not lend to a minor because it is not enforcable. But if a minor gets a co-borrower or guarantor on a loan, then he/she will have a better chance of acquiring a loan. Another way is to obtain a collateralized loan.
No a child cannot get a loan. You need to be 18 years old to legally get a loan.
no you need to be 18
you need to be 18 to get a auto loan,and then you would most likely need a co. signer.
more than 18 years old
No-a person must be of legal age to apply for a loan and in some cases, will need a co-signer for their first loan.
There are loans called payday loans that do not require credit and you can be 18 or older. All you need is a job and you can get a cash advance until your next payday, thus the term payday loan.
Either: 1) A co-signer with excellent credit and the capacity to repay the loan should the 18 year old fail to do so -OR- 2) Cash collateral (someone who will pledge a CD in the amount of the requested loan as collateral)
No, you must be 18 or over, or you must be emancipated in order to obtain a loan.
In order to remove a loan from the Kiva organization you will have to pay it off. After paying it off you can always take out another load if you need to.
what if i have a loan and im just 18 and the law is 19 to get a loan in Alabama
yes but you will need to have credit to do so, also an income
No.