I'm almost seventeen and am about to get a part time job and I'm in desperate need of a car. So I was wondering, after I have worked for a few months, if the bank would give me a loan and for how much.
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Hi there i have found out how much your bank would give for your loan and the answer is you definitely have to be 18 2 qualify for a loan if when you are 18 the minimum amount you can take out is £5000 and the maximum you can get out at the age of 18 is £100,00 these figures are from England if you are from America the figures might be different there. Good luck on your new car i hope you can find the cash to buy it soon
answered 1 year ago
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You have to be 18 in the United States to qualify for a loan, too. You can't sign any contract (buy a car, whatever) until you're 18. The amount of the loan would often depend on the credit you've already established.
answered 1 year ago
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