In addition to needing good credit references and/or secured collateral to get a loan, you also face a legal obstacle in most states.
If you're under 18, you do not need to honor any legal contracts you enter into. You can choose to disaffirm any contract before you reach 18. <insert long legal argument regarding government paternalism here>
In other words, if you do find someone to loan you money, at any time before you turn 18, you can disaffirm the contract, and just get stuck with paying back the original principal balance. Which means that you don't have to pay any interest or fees. Which means the company loaning you money gets screwed.
So guess why nobody is going to lend you $3000?
You should check out your local state law to find out how much of the above applies to your situation.
If you're under 18, you do not need to honor any legal contracts you enter into. You can choose to disaffirm any contract before you reach 18. <insert long legal argument regarding government paternalism here>
In other words, if you do find someone to loan you money, at any time before you turn 18, you can disaffirm the contract, and just get stuck with paying back the original principal balance. Which means that you don't have to pay any interest or fees. Which means the company loaning you money gets screwed.
So guess why nobody is going to lend you $3000?
You should check out your local state law to find out how much of the above applies to your situation.
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