Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Will a lienholder ever send the title before the loan is paid off?

April 26, 2017cars Insurance lienholder loan paid registration send title Transportation

0

Posted

Will a lienholder ever send the title before the loan is paid off?

1 Answer

0

Posted

We all make mistakes. I’m I loan officer and can imagine this happening accidentally a few different ways. If you have more than one loan with this institution, they could have pulled the wrong file and sent you the title when it was the other loan that was actually paid off. Or someone else’s payment could have been applied to your loan etc. Your best bet is to contact the bank, if it was an error and they realize it, they may not contact you and just get a replacement title from the registry and charge the fees to your account.