answersLogoWhite

0


Best Answer

No, Usually credit is extended to an individual 18 years or older.

User Avatar

Wiki User

βˆ™ 14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can a 17 year old have credit debt?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is a 17 yr old responsible for a credit card he lied on his age to get?

No he is not responsible for the debt as a 17 year old cannot enter into a legally binding contract. However, he would be responsible for the fraud.


Are parents responsible for debts their 17-year-old has accrued after they moved out of their parents' home in the state of Michigan?

If this debt is from a loan or credit card they obtained while under age 18 the lending institution is at fault for granting the credit. If the debt is owed by a parent then you still owe it.


Can a 17 year old get a credit card in the UK?

you have to be 18 years old to get a credit card that's if you sign for he or her


Will a bad credit mark at 17-years-old affect your credit rating at 18-years-old in Florida?

In most places a 17-year-old can't have a credit rating, since they are not old enough to contract in order to create one.


As a 17 year old can i get a loan?

Yes as a 17 year old you may get a loan from your local bank. The chance they will approve the loan however depends on your credit score.


How old is a 17 year old?

A 17 year old is 17 years old.


Where can i Get a credit card at 17 years old?

No one in their right mind will give you a credit card if you are a 17 year old. It is against the law for a minor to enter into a legal contract or agreement, such as a credit card agreement.that is true you have to be atleast 21 and you have to have some kind of job


Can a 17 year old buy a car on credit?

not in the state of Texas because you have to be 18 to legally sign into a contract


Do you need to repay a 17-year-old debt?

Three questions for you... 1. Did you incur the debt 17 years ago? 2. Do YOU really owe this debt to someone? 3. If someone owed you money from 17 years ago, would YOU want THEM to pay YOU back? If you can honestly answer these questions, you have your answer. Pay your debts. You are the only one who can.


Does a 17 year old's credit rating increase if he cosigns a credit card with a parent. Does it matter if he is primary or the cosigner?

From what I understand any credit activities on a minor's name is illegal. You must be 18 to establish credit.


Can a 17 year old move in with an 18 year old friend. if the 18 year old can provide everything the 17 year old needs?

If a 17 year old wants to move in with an 18 year old then the person who is 17 needs to ask their parents to move in with this friend scince the 17 year old is not an official adult


Can a 18 year old marry a 17 year old in NY?

If the 17 year old has parental consent.