Can I get a car loan if I don't have a license?
I don't currently have a license, but I'm in driving school. I'll be done in a few months. I want to take advantage of the Nissan dealer's 0% APR financing.
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Answered on Jul 16, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
“A driver’s license is not a requirement for a car loan. Therefore, the dealer might accept you for a car loan if your income and credit score are good.
That said, it’s perfectly within the rights of the lender to turn you down if you don’t have a license.
Your best bet is to explain the situation with the lender. You might be surprised how willing they are to work with you on the loan.”
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