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What do you do if your finance company contacts you to tell you that you still owe money on a car you have paid off and you have the title for?

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Wiki User
2011-09-13 10:24:14
2011-09-13 10:24:14

If you have a receipt for the payment and the release papers from the bank I don't see the problem. Have you gone in to talk to the bank. Is the bank still listed as lien holder on the title?

AnswerTell the bank to prove it. If they can't, forwarn them that you charge $100.00 for a processing fee to provide records that they are unable to maintain. Don't let poorly organized banks cause you any grief for their lack of competence.
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