Wondering, how do I get the finance company name off my car title??

[a kennedy]

Made the last payment before the actual time frame of original contract, and now want to get the name off the title, how do I do it?? Tried calling the financial company and there’s at least a 30 minute wait time because I’m number bazillion in the waiting line. Called the dealership and they said call the finance company…….anyone know how to get this done?? Or guess I’ll call finance company and just make sure my phone battery is at maximum strength. 😡.

[kozar]

1. Fin company

Will need to release the lien



Koz

[33taw]

3. After the finance company releases the lien, your State DMV can issue a title in your name.

(most states).

[cloudbase]

2. I've always paid mine off early,

and the finance company routinely lets my state DMV know, and they send me a title free of liens. It just takes a little time, perhaps a bit more these days.

[unblock]

4. You need a lien release from the finance company. It typically takes 2-3 weeks or so.

Most of that time is just delaying so they're damn sure the last check doesn't bounce, combined with there being no real incentive for them to be prompt.

I just did this for my car. I now have the original title they were holding, but with a dated stamp and signature that says the lien was released.

[Kota]

5. They should send you the title with the release signed and dated.

[dflprincess]

9. In Minnesota the car's owner gets the title not the finance company

The title does show the finance company as a lien holder. When the loan is paid, the company will send a letter showing they no longer have a claim on the vehicle.

[3Hotdogs]

6. Give 'em 6 weeks. If not, call state

Consumer affairs office

[question everything]

7. Will your insurance company have better luck?

After all the finance company has first priority if you total the vehicle?

[dflprincess]

8. The finance company will send you a release letter

You can go to the state to get a new titlle or just keep the release with the copy of the title you currently have. When you trade in or sell the car just present both the title and the release letter. That's what i've done in the past.

[Randomthought]

10. Yes

The finance company will send a release letter. I just keep the letter with the title in box at bank.