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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 goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free and help you make sound financial decisions. Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Earn money The products that appear on this site come from companies that compensate us. This compensation can affect the way and when products are featured on the site, such as for instance, the order in which they appear within the listing categories in the event that they are not permitted by law. This applies to our mortgage, home equity and other products for home loans. This compensation, however, does not influence the information we publish, or the reviews you read on this site. We do not cover the universe of companies or financial offerings that could be available to you.



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3 min read Published on 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 to navigate the ins and outs of securely taking out loans to buy an automobile.







Edited by Rhys Subitch Edited by Auto loans editor

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









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A lien is, at its simplest it's an insurance policy can be used by a lender uses to protect itself in the event of a default by a borrower on a vehicle that is financed. A lien is the legal right of the lender to the vehicle and it remains in place until the loan has been fully paid. If you have recently taken out a title, you should take these steps to place yourself in a less precarious financial position. What exactly is a car lien? Although having a lien on your car may feel daunting, it is not uncommon. Vehicles that are funded by a loan are generally placed in a lien till the loan is paid in full. This "insurance policy" set up by the lender, gives it the legal right to retain the title of the vehicle until the amount of the loan is paid in full. Many drivers do not fully understand how a lien works until they are attempting to understand it and realize that they are not capable of. If a lien is that is on a vehicle the lender or creditor can take over the loan has not been paid back or is in default. In addition to affecting the capacity to sell a car the lien can also affect the cost of . How to tell if a vehicle is encased in a lien When buying a used car it is always recommended to request that the seller provides you with a confirmation letter from the lender stating that the lien has been lifted. If the seller is providing you with a title, make sure you check with the local Department of Motor Vehicles first to confirm that there isn't a lien. In certain instances, you may be able to access the DMV website to search online for a lien by using the 17-digit (VIN). This number may be found in various places like the lower left of the windshield. When you receive a title for the car you've used, the chances are that the lien was paid in full -- but it hasn't been issued in the proper way. This could be because of an error by the bank, or it can get lost in the shuffle of a merger or . Keep an eye out for these issues when working with the sellers. How to locate lien information Information on lien status can be tracked down through a variety of methods, such as: Department of Motor Vehicles Utilizing the vehicle's identification number you can check the lien status of your vehicle through the Department of Motor Vehicles. In many places you can conduct a lien search on the internet using the DMV website. You may also be able to call your local DMV to inquire about the lien information. Vehicle history report: Various websites on the internet offer history reports for a fee. They include VIN Smart and AutoCheck, offer full reports on the history of your vehicle together with the information about lien. How to remove a lien from the title of a car an used vehicle shouldn't come with any strings attached -- especially not the lien. Even though it could take some legwork, and quite possibly several weeks, you can probably resolve your issue at little or no cost. Contact the seller When purchasing a used car through the dealer, make certain to ask the salesperson whether there is a lien on the car. In these cases the dealership usually handles the process of clearing the lien. If you're financing the purchase through the help of a loan then your lender becomes the . If you are , ask for evidence that the loan was paid in full by means of canceled checks or a paid-in-full letter. It is the responsibility of the seller to repay the loan so that they can transfer the title to the vehicle. You can include that requirement in your purchase agreement. It's recommended to reach out to the lender directly yourself and check the status of the loan. You can even do it prior to completing the purchase. Ask about the total amount to be paid to clear the vehicle as in addition to other terms that might affect 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 contact the Federal Deposit Insurance Corp. directly to request a release notice. The FDIC can help you obtain the lien if you've confirmed that the bank that failed was placed in FDIC receivership. It has a search feature that allows users to check the database of such banks. The FDIC also maintains an individual list of banks that have failed, which includes information on how the institution was acquired by a financial institution. If you have the documents that you need, you'll be able to make it available to the DMV and . The bottom line is simply, it's hard to enjoy your new ride when there's an obligation on it. Make sure the previous owner pays the amount owed, so that the car is completely yours and rather than the lender's.


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Writen by Auto Loans Reporter

Rebecca Betterton is the auto loans reporter for Bankrate. She is a specialist in helping readers to navigate the details of borrowing money to purchase an automobile.



The edit was done by Rhys Subitch Edited by Auto loans editor

Rhys has been writing and editing for Bankrate since late 2021. They are committed to helping readers gain confidence to manage their finances with clear, well-researched information that breaks down otherwise complex subjects into bite-sized pieces.






Auto loans editor




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