Legal Question in Consumer Law in Illinois

New Car Loan

Is a co-signer required to have a drivers license in order to be on a loan?


Asked on 10/10/08, 1:05 pm

1 Answer from Attorneys
Motty Stone Law Offices of Motty Stone

Re: New Car Loan

You do not need to have a driver's license to own a car (or to cosign for one). The loan company may have its own requirements, but I would not know what to tell you without seeing the paperwork. If you want someone to look over the loan documents before you sign anything, please feel free to give us a call.

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Answered on 10/12/08, 8:30 pm


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