Why do you have to be 18 to take out a loan from the bank?
Minors can't sign contracts and make them binding.
That is the age of majority. And in addition many people under age 18 do not have the means to repay a loan.
The age of 18 worldwide is considered to be a time when a person can make their own decisions professionally. Since taking a loan is kind of a big deal, you will need to be 18 for it.
because that is the permit age and if your under 18 its not really safe for you