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the 18 yr. old must apply for financing to buy the car of his/her dreams and obligate themselves to paying the payments .

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10y ago

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How can you get a car loan without having a social security number?

A Social Security Number or Taxpayer ID Number are generally required in order to obtain a mortgage loan.


Is it illegal to use a false Social Security number to obtain a bank loan?

yes


Can an authorized user of a credit card obtain any private information on the primary user such as Social Security number or loan balances?

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Yes, someone on the social security can be able to cosign for a loan. The person cosigning the loan however has to have good credit regardless of his availability on the social security benefit.


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If you are on social security you should not be cosigning on a student loan. You would be guaranteeing that if the student doesn't pay off the loan you will. The federal government can garnish your social security benefits to recover student loan payments.


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