A lien can be placed by us in your vehicle’s name when utilizing your automobile as collateral. Liens are placed on automobiles which were used as security. A lien is the right to help keep control of property owned by another individual until a financial obligation owed by that person is paid down.
What exactly is a lien for?
The name of this vehicle which you have is with in your title, however, if there is a lien regarding the name, the vehicle title loan lender adds their name to your name to obtain protection under the law on that automobile. The great thing that we don’t keep your vehicle while you are repaying the loan with us is. […]