How can a 17-year-old get a personal loan?

Answers.com > Wiki Answers > Categories > Business & Finance > Personal Finance > How can a 17-year-old get a personal loan?
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You can't. No contract is legal and binding until the contract holder is of legal age to which is 18. No bank or corporation can legally enter into such an agreement with a minor.

It would have to be very personal, such as a relative or friend of the family who understood that the loan would not be a binding legal agreement. Although this stipulation does not apply in every situation pertaining to financial transactions by an underaged person.
First answer by Macky. Last edit by ID1165055379. Question popularity: 24 [recommend question].

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