Signed for a car loan when I was 17?
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When I was 17 I was some way able to sign for a car loan at a big lot in a major city.....they didnt check my ID I was head over heals with a guy with bad credit=( so I did it...yhea I know I was dumb
Well I am 24 now & recently found out he had the car repossed & it is on my credit.
Do you think I can have it taken off because I was a minor?
This was in Washington
Signed for a car loan when I was 17?if you were still under 17, I still say 'no' and you might face fraud charges. but your best bet is to approach the financing company and work out some sort of deal with them. it's a lesson, but one better learned early on.
My ex hubby did the same thing, I paid all his old bills with a loan and then he stiffed me on the payments. Then he maxed out my cards. it took me 3 years to pay it all off.
take the lesson and run with it.
Signed for a car loan when I was 17?Car Loan Guide: http://carloanguide.automobile... Report It
Signed for a car loan when I was 17?you may be able to, but I beleive they can report it, but may not be able to collect it from you. Collecting and reporting are two different things.
If the person who was the main signer was over 18, that will also be an issue, since a minor can sign if an adult signs with them also.
This will need an attorney to look at it , review it, and let them write the letters to teh credit bureau.
Signed for a car loan when I was 17?find out what the laws are in washington or call the court house there
Signed for a car loan when I was 17?What Fr. Chuck said.
Don't pay a dime until discussing with an attorney.
Signed for a car loan when I was 17?How old were you when the car was repossessed? Unless you repudiate the contract within a 'reasonable' time after you become a legal adult, it is considered 'affirming' the contract. Once that happens, you can't get out of it on the grounds of being a minor when it was signed.
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