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How to get a lien lifted from a used car Advertiser Disclosure Advertiser Disclosure We are an independent, advertising-supported comparison service. Our mission is to help you make better financial decisions by offering interactive financial calculators and tools, publishing original and objective content. This allows you to conduct research and compare data for free to help you make financial decisions with confidence. Bankrate has agreements with issuers such as, but not limited to American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Make Money The deals that are displayed on this site come from companies who pay us. This compensation can affect the way and when products are featured on the site, such as the order in which they appear in the listing categories in the event that they are not permitted by law. This applies to our mortgage or home equity, and also other products for home loans. But this compensation does not influence the content we publish or the reviews that appear on this website. We do not cover the vast array of companies or financial offerings that could be open to you.



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3 min read . Published January 19, 2023
Written by Rebecca Betterton Written by Auto Loans Reporter

Rebecca Betterton is the auto loans reporter for Bankrate. She has a specialization in helping readers in navigating the details of taking out loans to buy a car.







Editor: Rhys Subitch Edited by Auto loans editor

Rhys has been editing and writing for Bankrate from late 2021. They are passionate about helping readers gain the confidence to take control of their finances by providing concise, well-studied and well-organized facts that break down otherwise complex subjects into digestible pieces.









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An lien can be described as, in its most basic form it is an insurance policy a lender utilizes to safeguard its own interests in the event that a borrower fails to pay on a vehicle that is financed. A lien is the lender's legal claim to the vehicle, and is in effect until the loan has been fully paid. If you have recently taken out a title, take these steps to put yourself in a better financial situation. What exactly is a car lien? While the thought of a lien on your car may feel daunting, it is not uncommon. Vehicles financed with the help of a loan are generally placed under a lien until the loan is paid in full. This "insurance policy," put in place by the lender provides it with the legal right to hold the title of the vehicle until the balance of the loan is paid in full. A lot of drivers don't understand how a lien works until they try to and discover that they are not in a position to. If there is a lien that is on a vehicle, lenders or creditors can if the loan is not paid off or falls into default. Along with affecting the ability to sell a car the lien can also affect the cost of . How to tell if a car is under the sway of a lien? When purchasing an used vehicle is to request that the seller provides you with a letter from the lender which states that it has released the lien removed. If the seller provides you with a title, make sure you check with the local Department of Motor Vehicles first to ensure there is no lien. In some cases you might be able to access the DMV website to search online for a lien using the 17-digit (VIN). This number is usually located in different places, like the lower left of the vehicle's windshield. In many cases when you receive a title for the used car there is a good chance that the lien was fully paid -- it's just not issued in the proper way. This could be due to an error in the bank, or it can get hidden in the confusion of a merger . Look out for it when you work with the buyer. Where can you find information about lien Lien information is available by a variety of ways, including: Department of Motor Vehicles Utilizing the vehicle's identification number you can check a vehicle's lien status at the Department of Motor Vehicles. In many locations you can conduct a lien search on the internet by using the DMV website. You may also be able to call or visit your nearest DMV to obtain the information about your lien. Reports on the history of your vehicle: Numerous online websites offer vehicle history reports for a nominal fee. These websites, like VIN Smart and AutoCheck, offer full reports on the history of your vehicle as well as details about the lien. How do you remove a lien from the title of a car a used car should not come with any obligations associated with it, and especially not the lien. Although it may take some legwork and perhaps a couple of weeks, you can probably resolve your issue for a minimal or no cost. Contact the seller when buying a pre-owned car from a dealer, be sure to discuss with the salesperson whether there's a lien attached to the car. In these cases, the dealership typically handles clearing up the lien. If you're financing your purchase using the help of a loan then your lender becomes the . If you are , ask that they provide you with evidence that the loan was fully paid like the canceled check or a full-payment letter. The seller is responsible to pay off the loan to be able to transfer the title of the car. This requirement can be included in your purchase contract. It's an excellent idea to reach out to the lender directly yourself and check the lien status. You can even do it prior to finalizing the purchase. You can inquire about the total amount to be paid to clear the car as well as other stipulations which could impact the sale. Request a lien removal If the bank that holds the lien is one which has failed (or is an affiliate of one) You can reach FDIC Federal Deposit Insurance Corp. directly to request a release notice. The FDIC can help you obtain an order for a lien when you have verified that the failed bank was placed under FDIC receivership. It has a search feature that lets users search the database of these banks. The FDIC maintains separate lists of failed banks , including details about whether the bank was bought by another financial institution. If you have the documents that you need, you'll be able to make it available to DMV and DMV and . The bottom line is simply, it's hard to take pleasure in your new car when there's a lien attached to it. Make sure the previous owner has paid the amount owed, to ensure that the vehicle is fully yours -- it's not the banks.


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Writen by Auto Loans Reporter

Rebecca Betterton is the auto loans reporter for Bankrate. She has a specialization in helping readers with the details of using loans to buy the car they want.



Editor: Rhys Subitch Edited by Auto loans editor

Rhys has been writing and editing for Bankrate from late 2021. They are passionate about helping readers gain the confidence to control their finances by providing precise, well-studied information that breaks down otherwise complex topics into manageable bites.






Auto loans editor




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