Cosigner for a Car Loan With No Drivers License
by Jarrard G.
(New Orleans, Louisiana)
Question: Can someone be a cosigner for a car loan with no drivers license? The only person I can find that will cosign my loan does not have a valid drivers license.
Answer: Hi Jarrard,
Yes, but it will really depend on the lender and what their guidelines are. Most lenders will require that the primary borrower have a valid drivers license (not all), but many will only require some kind of official ID for a cobuyer or cosigner.
This is true with different types of lenders, with non-prime and prime lenders often being flexible with the second customer.
This is really going to need to be something a dealer that can pull credit (to determine what lender will work best for your situation) will have to help you with.
Simply fill out this
quick auto loan application and a dealer that specializes in these types of situations should be in touch with you shortly to discuss the details of your loan.
Hope this helps,
Justin