ugottafriend4life
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You have to be 18 years or older before you are eligible to apply for a loan. |
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Nunoyvgvna Awi
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well to get a loan you need collateral.....meaning something of equal or greater value to the loan amount that you sign over to the bank. if you don't pay, they take your item as payment.
next option is to get a signature loan...meaning you have such a high credit rating that your signature alone is good enough. maybe 11% of the population have such power.
if you are 18, brand new credit....be happy if you can even get a $1000 credit card max....MAX!! no bank any any human with a brain is gonna loan a person w/ brand new credit 10,000. they will if you have a co-signer but they must meet the requirements I mentioned above. and if you don't pay it with a co-signer, the co-signer now has to pay the loan. |
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jumbo_rafiki_66
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A loan is a legal contract which can only be signed by someone over 18. |
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Sarah100
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18 technically, but often younger - especially if someone will go guarantor. There is no limit to the number of loans you can have, as long as you can pay them back and the bank will give them to you.Good luck. |
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chey_one
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To enter into a legally binding contract - you must be 18 years old. The exception to this is if you are married - that automatically entitiles you to "adult-hood".
Typically a comaker is necessary when someone is starting to establish credit. The amount you seek is probably not going to happen in your name only.
The other part of your question - how many loans can you get? There is no max. But I would caution you to be very very careful. When money is a problem - a lot of things in life become problems as a result of that.
Best practice is - save for the articles you desire and pay cash. |
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Steve W
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Where do you live? In my country you can get a loan if you are at least 18 years old. |
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eMale
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21 to get one on your own in the USA. You can get one at a younger age if you have someone over 21 with good credit to cosign, but then the loan is really theirs and not yours. |
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sexy man
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i think you can get one at 16 or 17 but your parents must co-sign for you with there bank. |
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12252
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wow. what is it for. most places want let you get a loan untill you are 18 and usualy then only for college. |
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lollipoppett2005
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I guess you would have to prove you have a steady job and a good credit background check. Over here (UK) I think the age is 21 but don't quote me on that.
You sound as if you are very young...... so that is a very large amount to be asking for. |
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sweetie k
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i'ld say 18 years |
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lucinda h
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within the two years you have worked in the job interest fieldes. |
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ILuvMe
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you could be 30, 40, or 50 but still can't get any loan unless you have a good credit history... banks give out loans to people with good credit history... |
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cgrhyne
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18, but you got to have someone cosign with you that has already established credit usually |
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Lavish
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18 |
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slipper
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It's not just your age, which would be 18, it also depends on whether you can afford to make the repayments. How much you earn is taken into consideration when you are loaned any amount of money. |
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