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Re: Is a $5,000 loan too much for a 19 year old?
You should have no problems getting a loan for just $5000. I'm 18 and I got approved for $17,000 without a co-signer...however the interest rate was like a credit card. Try and make it a 2 year loan and just try and pay it off in a year if they don't have penalties, that way if you find that it's taking every dime you own you can just pay the minimum payments.
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