IF you are NOT on the TITLE, contact the lender, explain the deal and ask them to repo for you, take the buyer OFF the loan and let you take possession. That will NOT get the payments off you but will give you room to work. You are not the first person to have the problem and most lenders will ways to solve it.
Your license can be canceled if you do not have proof of insurance or if you have unpaid tickets or fines. Your license can also be canceled if you are behind in child support payments in Florida.
No, you can not. In order to obtain insurance policy, you need to be in possession of a valid driver's license.
Having your license in suspended status will affect the insurance, some will not even insure until the license is reinstated - but the reason it was suspended will not affect your insurance due to the fact that it was not a movingviolations.
The increase in your insurance payments vary from company to company. Call your insurance agent, they can give you an estimate.
You don't need a license to get a loan. Your credit rating will determine whether you need a cosigner or not.
It depends on the state, however, the general rule is, that if you are the registered owner of a vehicle and have your keys in your possession, yes, you may be ticketed for not having insurance and/or driving license. It is called intend to drive.
Generally not. As long as you had a valid drivers license you really should not have gotten a ticket in the first place but we will assume that in your city, town, or county it is a violation not to have your drivers license in your possession. If this is the case most insurance companies only rate for moving violations and do not count procedure violations such as this.
You need a lisence to drive the car, but not to cosign a loan.
It is driver's license because the license belongs to the driver. The 's shows possession.
i bet that you have a suspended license
depends.. =]
No. You need not get insurance when you get a drivers license, but you must get insurance when you buy your own vehicle