Can a 15 year old get credit?

Question

I'm not entirely sure of this, but I've heard recently that a 15 year old CAN get credit in the state of Kansas with a co-signer...

Is this true?

Would it be possible for me (15 years old, soon to be 16) to get a 2000 dollar loan?

Any relevant information would also be greatly appreciated.

Answer 1

No.

Because you cannot sign a legal contract for them to be able to sue you if you don't pay.

It's that simple.

Answer 2

I doubt it.  You have to be 18 to enter into a contract.

If it is only $2,000 don't waste your money paying interest.  Just save up for whatever it is.  

Answer 3

I don't think you can because by law you can't make a binding contract at that age.

Answer 4

You must be 18 to legally sign contracts.  The loan would have to be in your parent's name.  You can't even co-sign.

If you have had a job for some time, you certainly have some money saved up.  Wait and save some more and save yourself all that interest.

Answer 5

No. Final answer.

Answer 6

Why the heck at 15 do u need a loan or even a credit card?!

Save up (get a job) and pay cash!!

Answer 7

if you have an adult co signer any minor can get credit.