answersLogoWhite

0


Best Answer

Sorry, no. Financial transactions such as credit cards, personal loans, etc. are not legally binding if made with someone under the age of 18. Some states have laws prohibiting anyone under the age of 21 from making specified financial contracts.

User Avatar

Wiki User

19y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is there any way that an emancipated minor can establish credit?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Does a 17 year old's credit rating increase if he cosigns a credit card with a parent. Does it matter if he is primary or the cosigner?

From what I understand any credit activities on a minor's name is illegal. You must be 18 to establish credit.


If a minor has a child are they considered emancipated in the state of Florida?

No. Having a child does not emancipate a minor in any state.


Who is billed for the treatment of an emancipated minor?

The minor is supposed to be able to pay for himself, just like any adult.


Is a pregnant minor emancipated if she is 16 in Georgia?

Pregnancy does not emancipate you in any state.


What sexual rights does an emancipated minor in Oregon have?

the same that any other minor has. being emancipated doesnt change the fact that you are a minor. so you can't have sex with someone over 18, it's still statutory rape.


Are you legally emancipated after having a baby as a minor in Mississippi?

No, pregnancy don't do that in any state.


Is a minor considered emancipated after having a child in missouri?

No, a minor is not emancipated in any of the US states by having a child.You do however now have medical emancipation and can make medical decisions regarding yourself and your child.


Are minors emancipated if pregnant in okla?

No, pregnancy does not emancipate anyone in any state. As a minor mother you are only emancipated regarding your own health and your baby.


Is a 15-year-old with a baby considered an emancipated minor?

You will be considered an emancipated minor during your hospital stay and will have full right to make any decisions regarding you and your child's treatment and hospital stay without any control from your parents or gaurdian. You will also have full control of your child's future medical treatment, however you will not be an emancipated minor without going to court to obtain this status.


Is a 17-year-old Florida minor an emancipated adult if she has a child?

No. Merely having a child does not emancipate a minor in any state of the US.


If you have a child does that legally emancipate you in Nevada?

Having a child does not emancipate a minor. To become emancipated, the minor would have to petition the court, and it would have to be granted by a judge. It's rarely granted in any state. The fact that a minor has a child does not give them any advantage, and in fact, it generally makes it even moredifficult for them to become emancipated (for a multitude of reasons).


How do you get your parents to sign a form to agree to your being emancipated?

Not all states allow a minor to be emancipated. In some states it is necessary to have the parental permission before the court will accept an emancipation petition from the minor. In all states that allow emancipation of minors, the parents, guardian, or any qualified "interested party" is given the opportunity to contest any emancipation petition filed by any minor.