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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
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
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
Can a soon-to-be-16-year-old get a car loan if he does not have a job?
No! You would have to have your parents cosign for you. Having a fairly good paying job, owning a boat, condo, house, property is classified as "collateral" and the loan is put against that. The reason for this is if you choose not to make your car payments or can't make your car payments then the bank will take whatever collateral you have put against the loan. The bank is in the business of lending, but also getting their money back! Marcy
Car loan at sixteen?
1800 Fresh Start is the quickest way to apply for a car loan on the internet. Instant review process for any credit situation. Nationwide dealer network. All makes and models available. ht tps://cutt.ly/mhNDO0D
Is it legal for a 19 year old to sign a note so his 16 year old friend can buy a car with both names on the title but payments and insurance in the 16 year old's name?
You are not a guardian who can choose to allow a minor to take a loan, nor able legally co-sign a loan with a minor.
