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Usually, when you make your last payment, the financing company will send you a document indicating the loan is paid in full and that the lien on the title may be discharged. You take your title documents to the motor vehicle office along with the discharge papers to prove that the ownership papers may now be issued without the notification that there is a lien on the car. The motor vehicle office issues a "clean" certificate of title. You now have clear title.
What else can I help you with?
Can I get my name off the title and loan of my ex-son in law's van if he still has a loan on the van?
The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.
If you moved to another country but still have a car loan can you refinance that loan in someone else's name?
The "someone else" needs to apply for a loan to pay off your car loan. With your loan paid off, you can sign the title over showing it free & clear. Don't sign off on the title until you know the loan is paid--or you could find that you no longer own the car but still have a loan to pay.
Can you sell a vehicle if the cosigner refuses to sign off on the loan?
The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.
How do you get a payoff citibank auto loan letter The loan was opened Nov.1996 and was paid off in 1997?
I need to clear the title on my pontoon boat that was paid off in 1995. I have a copy from NBD Loan Office with a stamp saying it was paid but Michigan Secretary of State says I need a letter from NBD.
How do you get your auto deed once my loan has been paid off?
Call the finance company. If the loan is paid off, they should just mail you the title. Sometimes it takes 30 or 60 days.
Can I get my name off the title and loan of my ex-son in law's van if he still has a loan on the van?
The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.
You paid your car loan off can you sell it while waiting on the title?
No, you cannot sell a car without a clear, lien free, title. Wait for the clear title or you are asking for problems.
Bought a car out of state but loan is with your bank Who receives the title?
The bank receives the title until the loan is paid. If the loan is paid off then you receive the title.
If you moved to another country but still have a car loan can you refinance that loan in someone else's name?
The "someone else" needs to apply for a loan to pay off your car loan. With your loan paid off, you can sign the title over showing it free & clear. Don't sign off on the title until you know the loan is paid--or you could find that you no longer own the car but still have a loan to pay.
What are your rights as the owner of a car if car company signed the title over to you with a letter stating that the loan is satisfied and car is paid off by mistake in Texas?
Legally, if you received any notification fro the lender that the loan was paid in full, and you received a clear title from the lender, the loan is paid in full and you have a clear title. Ethically, you may have problem. Morally, you may need to work with the company to correct the error.
Can you sell a vehicle if the cosigner refuses to sign off on the loan?
The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.
How do you clear your title from ford motor credit?
If you have paid the loan off call Ford Motor Credit and ask for a lean release on the title. Then take the lean release to your local DMV and they will clear the title.
How do you get your car title from Bank of America?
The only way to get your car title back from the Bank of America is to pay of the loan that the title is collateral for. If the loan is paid off, they will send you the title in the mail.
How do you get a payoff citibank auto loan letter The loan was opened Nov.1996 and was paid off in 1997?
I need to clear the title on my pontoon boat that was paid off in 1995. I have a copy from NBD Loan Office with a stamp saying it was paid but Michigan Secretary of State says I need a letter from NBD.
When getting an auto loan, is the title different in California than paying cash for a car?
Yes, taking out an auto loan means that there is a lienholder on the title of the vehicle. Once the loan is paid off, the lienholder is removed and it is owned free and clear.
Can you scrap your car if it has a loan on it with out going to jail?
You can do anything you wish with the car if you have clear title. But in most cases the title has the loan holder's name on it. They have to be paid off before you can dispose of the vehicle. You may not go to jail, but you are still liable for the remainder of the loan.
If your car was repossessed and you paid the loan off do you get the title?
If your car was paid off, then why was it repoed? Or if you mean you paid it off after it was repoed, then if the loan company accepted your money,then they have to give you the car and title back. I would call them and get it back or your money back.
