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Can you cosign for a auto loan in Pennsylvania without ever having a drivers license?


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Answered 2007-03-23 14:32:46

Cosigning on a loan has nothing to do with having a drivers lincense. You are just agreeing to pay the loan if the primary person does not. You are not driving the car. The only thing a lender is interested in is your ability to pay the loan.

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Related Questions


Does a cosigner need a driver's license?

You need a lisence to drive the car, but not to cosign a loan.


Can you cosign for a car if you do not have a license?

Yes. The ability to legally operate a vehicle is not a prerequisite for ownership of one.


Can someone without a job co-sign on a car?

Yes, a person without a job can cosign on a car loan. However, the person must have great credit before they can cosign.


Can your husband cosign on a car loan with a suspended license?

ok Should not be a problem. A car loan is about credit, not driving.



What is the cosign of pi?

The cosign of pi is -1


How many time can you cosign a car?

how many times can someone cosign a car


If you're currently unemployed and your fiance wants to cosign and make the payments on a used car but he lost his license due to a DWI can he still cosign for you?

Whether he lost his licence doesn't matter. What matters is that he is making money and is able to pay if you default on the loan. It also helps if he has good credit.


Do you have to be a relative to cosign?

no.my father cosigned for me,but the bank told me that anybody could cosign..good luck to you.


Cosign lease extension?

If I cosign an apartment lease for a friend can I file bankruptcy against the landlord to get out of the lease.


When might two people need to cosign an agreement?

Two people would need to cosign an agreement when for example, parents need to cosign the loan application for their child or to help a friend in need.


What is the cosign of 20?

about 0.4080820618


How does cosigning for an auto loan affect your ability to get your own auto loan?

Never cosign a loan. While I agree that one should NOT cosign. cosigning can hurt or help. Remember that if they do not pay you have to. Cosigning will affect your credit and count towards your debt to income ratio and show as an open joint auto loan. You might be turned down to get your own auto loan without a cosigner if you cosign.


Can a minor cosign on a loan?

absolutely not. Minors are not able to cosign any loans, only an adult (eighteen years or older) is aloud to cosign a loan. the law states that any minor is not responcible for the repayment of any loan.


When you cosign for someone how long are you required to be their cosigner?

For the length of the contract you sign. If you cosign on a 3 yr loan, you are responsible for the debt for 3 years.



Can a minor cosign a loan with someone other than his or her legal guardian?

If you are a minor, you cannot LEGALLY cosign or sign any loan/contractual agreement.


Can an employer co-sign for a student loan?

Yes, an employer can cosign for a student loan. Any one can cosign for a student loan if they meet the requirements.


Your ex cosigned car lease How do you remove her from lease without losing vehicle?

You can have another person cosign for that person. As long as your the primary you wont need her to get her off the lease.


Can a Boy of 13 14 15 16 or 17 years of age Bank at a Citizens Bank in Philadelphia?

Not without a parent/legal guardian to cosign when opening the account.


Can a retired grandparent cosign?

That's up to the lender.





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