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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 aim is to assist you make better financial choices by offering interactive financial calculators and tools as well as publishing unique and impartial content. This allows you to conduct your own research and compare data for free and help you make informed financial decisions. Bankrate has partnerships with issuers, including but not restricted to, American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Make Money The deals that are displayed on this site are from companies who pay us. This compensation may impact how and where products appear on this website, for example the sequence in which they appear within the listing categories and other categories, unless prohibited by law. Our mortgage and home equity products, as well as other products for home loans. However, this compensation will affect the information we provide, or the reviews that appear on this website. We do not include the vast array of companies or financial deals that could be available to you.



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

Rebecca Betterton is the auto loans reporter for Bankrate. She is a specialist in helping readers in navigating the details of using 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 dedicated to helping readers gain confidence to take control of their finances with precise, well-studied facts that break down 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 can be used by a lender employs to safeguard itself if a borrower defaults on a vehicle that is financed. The lien represents the legal right of the lender to the vehicle, and it remains in place until the loan has been paid in full. If you recently on the title, take these steps to put yourself in a safer financial position. What is a lien on a vehicle? While having a lien on your vehicle could be intimidating, it is not uncommon. Vehicles financed with the help of a loan are typically put on a lien for a period of time until loan is fully paid. This "insurance policy," implemented by the lender allows it to have the legal ability to keep the vehicle's title until the balance that is owed on the loan is paid. Many drivers do not fully understand how a lien works until they attempt to do so and discover that they are not able to. If a lien is that is on a vehicle the lender or creditor can be able to claim the loan has not been completed or has fallen into default. Additionally, it affects the potential to sell a car the lien can also affect the cost of . How to tell if a car is in the midst of the sway of a lien? When purchasing a second-hand car, it's always best to have the seller provide you with a letter from the lender which states that their lien was released. If the seller is providing the title, check with your local Department of Motor Vehicles first to make sure there's no lien. In some cases it is possible to use the DMV website to search online for a lien using the 17-digit (VIN). The VIN number can be found in a variety of places, like the lower left of the car's windshield. If you are issued a title to the car you've used there is a good chance that the lien was paid in full -- it's just not released in a proper manner. This could be because of a bank error or be lost in the shuffle of a merger . Be aware of this when working with the seller. Where to find lien information Information on lien status can be found by a variety of ways, such as: Department of Motor Vehicles Utilizing the vehicle's identification number, you can verify the lien status of your vehicle through the Department of Motor Vehicles. In many areas you can do a lien search online through the DMV website. You may also be able to contact or visit your nearest DMV to obtain lien information. Report on vehicle history: Many websites online offer vehicle history reports for a nominal fee. These websites, like VIN Smart and AutoCheck, provide full vehicle history reports as well as details about the lien. How to get a lien removed from the title of a car a used car is not a good idea if there are strings associated with it, and particularly not an obligation to pay. While it might take some legwork, and quite possibly several weeks, you can probably solve your problem at little or no cost. Contact the seller before buying a used vehicle through an agent, make sure to inquire with the salesperson whether there's a lien attached to the vehicle. In these cases the dealer typically takes care of clearing up the lien. If you're financing the purchase using an loan then your lender becomes the . If so, request to provide proof that the car loan was fully paid, such as the canceled check or a full-payment letter. The seller is responsible to repay the loan to be able to transfer the vehicle's title. This requirement can be included in your purchase contract. It's also a good idea to contact the lender directly yourself and check the status of the loan. You can even do it before finalizing the purchase. You can inquire about the total amount due to release the car as and other conditions that could affect the sale. Request a lien removal If the lienholder is a bank that has failed (or is an affiliate of one) Contact The Federal Deposit Insurance Corp. directly to request a release notice. The FDIC will assist you in obtaining the lien if you've verified that the failed bank was placed in FDIC receivership. It has a search feature which allows users to search the database of such banks. The FDIC maintains a separate list of failed banks , including details about whether the bank was acquired by another financial institution. Once you have the documentation you need, you can submit it to the DMV and . The bottom line is simply that it's not easy to enjoy your new ride if there is an obligation on it. Be sure that the previous owner pays the amount owed, so that the car is fully yours -- it's not the banks.


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Authored by Auto Loans Reporter

Rebecca Betterton is the auto loans reporter for Bankrate. She has a specialization in helping readers in navigating the ways and pitfalls of using loans to buy an automobile.



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

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






Auto loans editor




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