$10,000 loan for an 18 year old??

[LadyRaven]

I got offered a credit card at 18 with 1k limit with no income :-). I owned two cars by the time I was 19 paid in full and now have a mortgage with DP we own everything in the house, we own both our cars and have all our bills in credit from good budgeting.

[Banx]

Unfortunately I have no advice... But I wouldnt let her spend the money and either cancel the loan or pay it back with the money borrowed.....

Truth is.. I was 18... got approved for 10K personal loan.....

Crashed the car a year later - lost my job (not saying this will happen to your daughter of course.. this is just my story)

I had to go bankrupt as I couldnt pay for the loan and I had physio etc to pay for too

I REGRET GETTING THE LOAN

I am sorry your going through this situation and hoping it doesnt come back to bite her in the bum....

xox wishing you all the best