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Can a17 year old get a loan with a cosigner?
Yes, as long as the cosigner is a legal gardian or a parent.
Can a 17 year old get a student loan without a cosigner?
Not possible as the applicant is a minor.
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.
Can a 16-year-old get an auto loan if they have a parent who will cosign for them?
auto loanyes u can im 17 and i got a loan on a Toyota supra
Can a 17-year-old get a loan to buy a used vehicle if he has a cosigner with great credit?
No, minors cannot legally enter into financial agreements.
What if 18 year old cosigner for an auto files bankruptcy when buyer defaults - Oklahoma?
Both have a problem and the car will be picked up by the bank.
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 a 70-year-old cosigner on a car loan be held responsible for if the loan is found in default?
The cosigner has the same legal obligations to repay the debt as does the primary borrower. If the primary borrower defaults, the lender can begin proceedings to collect the full amount owed plus applicable fees from the cosigner. A cosigner can be sued just as can the primary borrower. And if the primary borrower claims bankrutpcy, the cosigner will still get "stuck" with the debt. The credit report of the cosigner will be equally affected, either in a positive or negative way, depending upon the circumstances.
What is the minimum age for auto loan in Nebraska?
19 years old to enter a legally binding contract in Nebraska. This includes renting a residence, car loans, buying a house, etc. Nebraska is one of two states with this law.
I am 17year's old and i need a loan for 8000. I have a cosigner I need this money to pay for my room and boarding at my campus since i cant no longer live with my father?
Since you are 17, most states still consider you a minor. Your cosigner will probably have to take the loan out in their name only and be responsible for its repayment.
Can a 19-year-old without credit who is not a student sign a lease without a cosigner?
No.
Can an 18 year old be a cosigner for an adult?
Yes, an 18 year old can be a cosigner for an adult. At the age of 18, the individual themselves is considered an adult. Any adult, depending on whether or not their credit is good or bad, can cosign for another adult.
