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Old 10-24-2007, 10:08 PM
Tim H Tim H is offline
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Default would it be stupid to make a loan for a snowmobile when i am 16 years old and i have a ok paying job??

the sled that i want to get is 1800$ its a mxz 600. and can i pay like 100$ every month to pay it off????
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Old 10-24-2007, 10:08 PM
anonimitie anonimitie is offline
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It's up to you. $1,800 isn't a huge amount of money and if you get a bang of winter sports, go for it.

The problem is you're below the age of majority so, will have a tough time getting a loan. It is *not* illegal for you to get a loan. However, the lender cannot legally hold you to the terms of the loan making you extremely risky to give money to. Virtually no one will accept that risk.
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Old 10-24-2007, 10:08 PM
just me just me is offline
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Most states require you to be 18 to sign for a loan
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Old 10-24-2007, 10:08 PM
just me just me is offline
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Most states require you to be 18 to sign for a loan
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Old 10-24-2007, 10:09 PM
Gazelle Intense Gazelle Intense is offline
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save and pay cash...
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Old 10-24-2007, 10:09 PM
Mr. Q Mr. Q is offline
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Instead of wasting your money on something "stupid" that you will look back on one day, and ask yourself what were you thinking when you bought a sled, instead, save for a car, a home, your retirement. You are never too young to save for important things.
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Old 10-24-2007, 10:09 PM
Mr. Q Mr. Q is offline
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Instead of wasting your money on something "stupid" that you will look back on one day, and ask yourself what were you thinking when you bought a sled, instead, save for a car, a home, your retirement. You are never too young to save for important things.
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