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phil-l t1_j6nogc1 wrote

Keep that letter with the vehicle's title. Depending on how your state handles vehicle titles, your title probably shows a lienholder. That letter is proof that the lien was satisfied. My state has a two-part title system; after paying off the loan, the lender gives the lien-holder portion of the title to the vehicle owner. If the vehicle owner later sells a car that had been financed earlier, both portions of the title are required to complete the transaction.

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GoddessOracle OP t1_j6noyhk wrote

Gotcha, was worried I royally fucked up but it seems like its not too big of a deal that I didnt get them removed yet. Thank you for the info!

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phil-l t1_j6nrbiy wrote

In my state, I believe you can submit the original title and lien release - and get a new title that doesn't show a lienholder. I've never bothered doing this, and have sold cars that had originally been financed. I simply supplied both parts of the title when selling; no problem.

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