Reviewed by Shannon Martin, Licensed Insurance Agent.
“There are no laws regarding a lender’s ability to extend a car loan to a person without a driver’s license. As long as you aren’t the person driving the car at present, there’s nothing wrong with that.
without a license. Most insurers won’t provide insurance without a license, and you can’t finance a car without insurance. If you do find an insurer, you’re going to need full coverage and your rates are going to be expensive.”
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.