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of course there is a way to get a loan. but you have to be woriking or have a way of income. there r alot of ways and it also helps you build your credit.((: of course there is a way to get a loan. but you have to be woriking or have a way of income. there r alot of ways and it also helps you build your credit.((:
Wiki User
∙ 15y ago
Wiki User
∙ 12y agoI too am 16, and looking to find a loan. However, it would seem that's not possible unfortunately. I'm pretty sure that regardless of which side of the Atlantic you're on, 16-year-olds can't sign legal documents, and so the only way to take out a loan would be to do it through a friend who is of age. But anyone with a so-far good credit rating would be stupid to take out a loan for a 16-year-old, whether they are working or not.
Wiki User
∙ 16y agoNot without an adult's signature and guarentee on the loan.
Wiki User
∙ 14y agono, as a loan requires credit, and you cannot have credit until the age of 18. Your PARENTS can, though.
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