0
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)
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Can a child get a loan?
No a child cannot get a loan. You need to be 18 years old to legally get a loan.
How old do you need to be to get a bank loan?
more than 18 years old
How old do you have to be to get a car loan?
18
Can an 18-year-old cosign a loan?
yes
How can a 17-year-old get an auto loan?
Wait until your next birthday. A minor can not enter in to a legal contract, so no lender will give you a loan until you are at least 18. Even then, without a co-signer, it will be very difficult to secure a loan. The best thing to do is to wait until you are 18 and then go in with a co-signer with good credit. Even an 18 year old doesnt need an auto loan. Just save $2k and buy a hooptie. You'll have learnd to take care of your car when you do decide to buy a new one.
Can a child get a loan?
No a child cannot get a loan. You need to be 18 years old to legally get a loan.
How old do you need to be to get a bank loan?
more than 18 years old
How does a 16 year old get an auto loan?
you need to be 18 to get a auto loan,and then you would most likely need a co. signer.
How old do you have to be to get a car loan?
18
Can a 18 year old get an auto financed?
Yes. It is difficult for an 18 yr old to get a loan. 18 is the earliest age that anyone can enter into a loan contract.
What can you do when im 18 years old?
what if i have a loan and im just 18 and the law is 19 to get a loan in Alabama
How old do you have to be to get a loan in Massachusetts?
You have to be an adult, 18, to sign a legal loan document.
How old does a co-borrower of a loan have to be?
18 with a credit history.
Can you get a car loan at sixteen?
no you need to be 18
Can an 18-year-old cosign a loan?
yes
Where can you get car cash loans?
To get a loan for a car you have to be at least 18 years old. You will need proof that you have a job, and a little bit of a credit history. The loan officer at the bank can tell you more.
How can a 17-year-old get an auto loan?
Wait until your next birthday. A minor can not enter in to a legal contract, so no lender will give you a loan until you are at least 18. Even then, without a co-signer, it will be very difficult to secure a loan. The best thing to do is to wait until you are 18 and then go in with a co-signer with good credit. Even an 18 year old doesnt need an auto loan. Just save $2k and buy a hooptie. You'll have learnd to take care of your car when you do decide to buy a new one.
