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Dear Driving for Dollars, We have repaid the lien-holder bank on my car finance, which is likely to deliver me personally documents saying that I have completely compensated the loan. What’s the procedure to obtain the name from right here? вЂ” Don
Dear Don, the procedure differs based on a state, but usually the holder that is lien necessary to inform your stateвЂ™s Department of Motor Vehicles, either electronically or by publishing documents that states you’ve got reduced your loan. Typically, there clearly was a little bit of a wait for the lien owner to achieve this simply because they first wish to ensure that your check clears, after which they should prepare the documents to inform their state. In a few continuing states, when the cars division is notified, it will probably immediately mail you the name. Various other states, youвЂ™ll need certainly to head to a situation automobiles agency workplace to obtain the name.
To master the procedure in a state, check out your stateвЂ™s motor cars internet site.
a total set of web sites by state are available at Dmvlist.com.
At driving for Dollars if you have a car question, e-mail it to us.