If you're looking to get a car loan without a license, here are a few things to keep in mind:
* Consider a lender that specializes in subprime loans. These lenders are more likely to be willing to lend to people with less-than-perfect credit or who don't have a driver's license.
* Get a co-signer. If you have someone who is willing to co-sign your loan, it can help to improve your chances of getting approved. A co-signer is someone who agrees to repay the loan if you default.
* Be prepared to make a larger down payment. Lenders may require a larger down payment from borrowers without a license. This is to help reduce the risk of the loan.
* Expect higher interest rates. Borrowers without a license may be charged higher interest rates than those who do. This is because they are considered a higher-risk borrower.
If you're considering getting a car loan without a license, it's important to compare offers from multiple lenders to find the best deal possible. You should also make sure that you're comfortable with the terms of the loan before you sign anything.
