Most lenders will allow a co-signer to sign for a car loan without a valid driver's license. However, some form of identification will be required to prove identity of the co-signer.
You don't need a license to get a loan. Your credit rating will determine whether you need a cosigner or not.
No you need a valid DL for the loan officer to see...or you could have someone co-sign a loan for you...
You will need to present a valid identification card (passport or drivers license) and a valid pay stub and checking account statement. This is to ensure you will not default on your payday loan.
One has nothing to do with the other. The lender doesn't care if you have a license, he wants a cosigner because you don't have a good credit record. Just getting a DL says you are not quite old enough to legally borrow money unless you have COLLATERAL.
You need a lisence to drive the car, but not to cosign a loan.
can a car loan company put a lien on drivers license
In order to be qualified for refinance auto loans, most companies require that you be over the age of 18, that you posses a valid drivers license, you must be a current US Citizen, you must have a yearly salary of 26,000 or act as a cosigner, and you must have proof of a current auto insurance.
There are numerous requirements when applying for a car loan. You need to have decent credit rating, a steady job, you need to be the legal age required to drive and a valid drivers license.
The lender will evaluate the cosigner's ability to repay the loan. As long as the cosigner is mentally competent, his health is not normally an issue. If the family had gone to court to have a conservator or guardian appointed for the grandfather BEFORE the loan was signed, it would not be valid.
A license is not required to purchase a ca; however, you will have to have a valid license to get insurance. Most lenders require A valid license before they will loan money on a car.
yes you can get a auto loan without a license but you can not get auto insurance with out one and you can't complete the loan closing without insurance.
No.