 TITLE: How to Qualify for a Car Loan CONTENT: Be Able to Prove Your Identity and Residence\n--------------------------------------------\nIf you're getting a loan from the bank or credit union you use regularly, you may not need to provide this information. If you're working with a lender for the first time, however, you may need to provide a government-issued ID and proof of residence.\nThis is primarily because the lender wants to know where the car will be parked in case you default on payments and it needs to repossess the vehicle.\nAgain, requirements can vary by lender, but in general, a driver's license or other government-issued ID with your current address can satisfy both. If you don't have that, you can also provide a utility bill, lease agreement or bank statement with your address on it to prove your residence. END