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Dear Driving for Dollars, i’ve paid down the lien-holder bank on my auto loan, which is planning to send me personally documents saying that i’ve completely paid the mortgage. What’s the procedure getting the title from right here? вЂ” Don
Dear Don, the method differs according to a state, but usually the lien owner is needed to inform your stateвЂ™s Department of automobiles, either electronically or by publishing documents that states you have got paid down your loan. Typically, there clearly was a little bit of a wait for the lien owner to get this done simply because they first wish to make sure that your check clears, after which they should prepare the documents to alert their state. In certain states, after the automobiles division is notified, it’s going to immediately mail you the name. Various other states, youвЂ™ll need to head to a situation cars agency workplace to obtain the name.
To understand the method in a state, visit your stateвЂ™s motor cars internet site.
an entire selection of internet sites by state are obtainable at Dmvlist.com.
At driving for Dollars if you have a car question, e-mail it to us.