Learn the facts about how a car loan can affect your credit. Any time you take out a loan your credit score will be affected. Pay your loan on time and itâll have a positive impact on your score, but just one or two late payments can have the opposite result. Why is this so important? Credit scores can not only make or break whether or not you get a loan, but they also affect the interest rate.
If you are the parent getting SSI, you should tell the court that your only income is SSI and you are unable to pay child support. You should get a statement from the Social Security Administration that you receive SSI, and give this statement to the court.
In most circumstances, you must pay child support until your child reaches the age of 21. The age of majority is 18 for custody, visitation, and other purposes, but remains 21 for purposes of paying child support.Unless thereâs some kind of agreement otherwise, parents have no duty to support an adult child.n our example, the court would multiply $50,000 x .17 = $8,500. That product ($8,500) is the basic child support obligation. You would be responsible for 40% of that figure ($3,400) because your income ($20,000) makes up 40% of the combined parental income ($50,000).