Quote:
Originally Posted by arpad_m
I've paid off all my vehicles. The general process is that I request a 10-day payoff quote from the lender, then make an online payment to that exact amount, that's pretty much it from my end.
The lender then notifies me about the payoff, cancels the loan and sends the title in the mail. This is the original title with the lien still on it, which they also add a payoff note to. If you want a "squeaky clean" title, that is, one with no lien and payoff notes, you go to your DMV and request one in exchange for the original title.
|
I have never had to go to DMV for a title transfer. The loan company has always taken care of it. Maybe it's a California
thing