Complaint Review:
Title Max
Removing a Lien
When you pay off your car loan, you can remove
your lienholders name from the title. To do so:
1.
Have your lienholder complete the section of the title
that shows the lien is released, or obtain a statement from your
lienholder on company letterhead that includes:
Your name and address, and the names and
addresses of all secured parties.
The vehicles make, model, and year, as well
as the vehicle identification number.
A statement that youve satisfied the lien.
2.
Bring the title, the
lienholders letter if applicable, and the fee of $18 to yourCounty
Tax Commissioners tag office to apply for a new title.
NOTE: The lien will
remain on record until you apply for a new title. For more information about
removing liens, visit the states Lien or Security Interest Release.
So don't let Titlemax come back after 30 days and Repo your car when you paid it off! Any company who treats people like trash and is the loan shark crime. I would bet they would hit you with a fee after loan is paid because you did not do the transfer or they want more money to handle it. We shall see today.