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No a child cannot get a loan. You need to be 18 years old to legally get a loan.

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Q: Can a child get a loan?
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Related questions

How do you add your child as joint tenant to your home loan?

How do you add your child as joint tenant to your home loan


What happen if a parent dies and they gave the house to there child and took a loan on there home for repairs what happen to the balance of the loan?

the child continue to pay the loan of her his parents


Can you get a loan on child tax Benefit?

Try loan express or cashx!


Can a representative payee for a social security disabled child get a loan on the child's disability check?

No, a representative pay will not be able to get a loan for a child's social security disability check.


Can you put your minor child on auto loan?

No. They have to be 18, to be on any kind of loan


How do you Transfer a plus loan to child?

Parent didn't sign Masters Promissory note so it is technically not the parent's loan or responsibility right? Because of this, can a Direct PLUS loan get transferred to the child if a mistake was made in the loan process?


Can your child get a student loan if you have bad credit?

NO


Can child support garnish your student loan in Pennsylvania?

No. Child support is based upon the non custodial parent's income. A student loan is considered a debt.


What if you co sign for a school loan for your child and the child defaults and does not pay for loan forcing the co sign to pay for the loan do you have any recourse to take against child?

I would assume it's just too bad for you. Didn't you understand what you were getting yourself into when you co-signed?


Can parent claim child and their student loan?

yes


Can a parent loan be signed over to a student?

In the US, unfortunately the answer is no. A parent PLUS loan must stay with the parent. If you cosigned on a loan for your child and the loan is federally guaranteed, then you can get your name off of the loan by having your child consolidate the loans. If you need help with the consolidation of the student loans, click on the link at the bottom of this text box.


Can a child take a loan for a parent?

Yeah but will the child pay back? And will the parent allow to give their child a huge amount of money?