you may finance a vehicle in your name. finance companies do not do gifts(the repayments need to come from your bank account not his). If you take out a loan for your son and he has bad credit, you have to understand that you are responsible for that loan and if he does not pay it back you are the one that is punished. make sure that you think long and hard about this and do not make the decision from the heart, make it fromt he head.
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