You can. . . when you're 18 years old. And you'll find plenty of opportunities for such things as installment payments on large purchases or loans, apartment rentals, employment contracts, and insurance or medical payments. However, there are some important things to remember when considering signing a contract:

• Do not sign anything until you are sure you understand the agreement.
• Read the contract completely before you sign it.
• Talk to the other party about altering or removing provisions that you disagree with.
• Do not sign a contract with blank spaces - either fill them in or cross them out.
• Be sure to keep a complete, signed copy of the contract.

But I didn't know . . .

You failed to meet your part of the contract? That's the very reason it's important to read contracts carefully.

• You may work out an agreement to pay your debt over a period of time.
• You can be sued and be required to appear before a judge.
• If you lose your case, you may be reuired to pay the judgment plus interest.