From April 1st, the adult age will be reduced to 18 years old, and from 18 years old you will be able to make loan contracts by yourself.
The credit union in Shingu City, Wakayama Prefecture, where public transportation is scarce, has decided to reduce the target age of private car loan contracts to 18 years or older in order to meet the demand for purchasing cars for employment.
With the revision of the Civil Code, the adult age will be reduced to 18 years old from the new year, and it will be possible to make card loan contracts from 18 years old without the consent of parents.
However, banks and credit unions headquartered in Wakayama Prefecture have decided to maintain the current condition that the target age is 20 years or older for almost all loan contracts because there is a risk that they will not be able to repay.
Under these circumstances, Shingu Shinkin Bank, which has its head office in Shingu City, said that it is necessary to respond to the actual situation in areas where public transportation is scarce, so for private car loans, the target will be reduced to 18 years old or older so that contracts can be made. I decided.
Shinkin banks have a need to buy a car when they get a job after graduating from high school, and since it is clear how to use the funds, they will carefully listen to the balance of income and expenditure before conducting the examination.
Koji Kuchichi, General Manager of Sales Promotion Department of Shingu Shinkin Bank, said, "In areas where it is inconvenient without a car, we have lowered the target age by limiting it to cars that are necessary for daily life such as employment in the local area. For those with little social experience. I would like to give a more polite explanation to him. "