Can a driver's license be used for a loan?

1 Answers
DelJackson
07/30/25 9:38am
No, although a driver's license is also a type of valid identification, an ID card must still be used as the valid document for a loan. Overview: The full name of a driver's license is the motor vehicle driver's license, also known as a 'driver's license.' It is a certificate required by law for individuals who operate motor vehicles. Driving a motor vehicle requires certain driving skills, and those lacking these skills may cause traffic accidents if they drive recklessly. Driving without a license is prohibited. Notes: The permission to drive a vehicle is granted through the issuance of a driver's license. This indicates that obtaining a driver's license is a formal process that must be issued by a specialized authority.
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