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When are you able to sign a loan for a car without a cosigner?

A. If you are in good standing with the lender, you do not need another person to cosign your loan, no matter your age.
B. When you turn 18, you do not need a cosigner.
C. If you are at least 18 and in good standing with the lender, you are not required to have a cosigner.

Sagot :

Final answer:

Individuals who are 18 years old and in good standing can sign a car loan without a cosigner based on their credit history.


Explanation:

When you turn 18 and are in good standing with the lender, you are able to sign a loan for a car without a cosigner. The bank conducts a credit check and evaluates your ability to repay the loan based on your credit history.


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