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Can I put a car loan in my name and register it in my spouse's name?
I want to buy a car for my spouse as a gift, but I need a small loan to do so. However, I want it to be her car so I want her name to be on the title. Am I allowed to do this?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Generally speaking, this will not be an option. When you get a car loan, the lender wants to see your name on the
title
and registration
.An option to consider instead: Put both your name and your spouse’s name on the title. Having both of your names on the title does not mean that both of your names have to be on the
car loan
, so this will likely be your best option.View full answer
- Gregory R.
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