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I am a 17-year-old student who is also employed. Can I apply for an auto loan without a co-signer?

Last Updated: July 15, 2009

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In most states, you must be at least age 18 to sign a contract for a loan. People of any age may also need a co-signer because they have little or no credit history. Co-signers are required on loans when a lender has determined that an applicant does not have enough income or the credit rating necessary to make a purchase alone.

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