0
What else can I help you with?
Is it possible for a 16-year-old to get a car loan?
Yes, it is possible for a 16-year-old to get a car loan with a co-signer who is of legal age and has good credit.
I am 16 and working full time can you get a car loan?
No, you cannot get a loan directly, you need a co-signer on whose name the loan will have to be approved. I am suggesting you few website where you can apply for the car loan.
What is the difference in interest between car loan and personal unsecured loan and which is better a car loan or personal loan?
personal loan have a higher interest rate than car loans beacause they are unsecured loans . In car loan the loan is used for only purchase car .In a car loan, the loan is only used to buy a car, but you can use it as personal items in a personal loan. Interest rates start at just 8.50 percent for a car loan, but can rise 16 percent based on one's credit score and credit history. Find out more, please click https://www.indialoanservices.in
Is it possible to obtain a car loan at the age of 16?
No, it is generally not possible to obtain a car loan at the age of 16 because most lenders require the borrower to be at least 18 years old to enter into a legally binding contract.
Can a 16 year old get a car loan for 5000 dollars with out a co-signer?
no because your not legal age :-(
Can a 16-year-old making 8K a month get a car loan?
If you are making that kind of money just hire a car and driver. You have to be eighteen to legally enter in to a contract. what is this 16 year old doing to make so much money????? and no you need to be 18 The answer is no? but if he is making that much money then he does not need a loan he can just buy a car. I think he means "8 $ " not "8K"
Can you submit form 16 to get a salary loan?
Many banks accept the Form 16 to verify a persons proof of income in order to grant Personal Loans. You can also use your payslip or bank statement
Can you get a loan if I am 16?
No
Can a 16 year old finance a car?
In most cases, a 16-year-old cannot finance a car on their own because they are not legally able to enter into a binding contract. They would typically need a co-signer, such as a parent or guardian, to secure a car loan.
Are you penalized on your ins. if your 16 yr old doesnt have license?
If your 16 year old has no drivers license but drives your car and has an accident, your insurance premium could be negatively affected.
You are 16 and you want a 5000 dollar car your co-signer is unable to be approved to get a loan What do you do?
START SAVING, LOL. OR YOU CAN BUY A GUN = SKY MASK
Can a 16 year old be on the title for a car or does it have to be in the parents' names?
If the 16 year old has their liscence, the car can be titled in their name. yea i 16 year can have title in his/her name which mean he owns the car insurance will be more expensive but the parents cant take it away form him/ her
