Can I have a cosigner who doesn't have a valid driver's license?

I want to buy a new car, but need it financed. However, my only cosigner doesn't have a valid driver's license. Will this pose a problem?

“You should probably call the lender to get an answer. If the cosigner still has a valid form of identification (state ID or passport), you’ll probably be fine.
However, some lenders put the cosigner down as a driver on the account, and thus, they need a valid driver’s license. The only way to find out for sure is to ask your lender before you go in for closing.”
Eric Schad
Answered on Apr 27, 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.

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