In most states the lender holds the title on your vehicle until it has been paid off. Once you have paid off the loan, the bank will do one of 2 things. In states where the lien holder keeps the title, they will release the lien on the face of your title. They will either send it to you, or send it to the appropriate dmv office for them to release the lien in the state system. If you live in a state where you hold the title, they will mail you the appropriate lien release form.
Whatever the law is in your state, be sure that you follow up on the process. Too many banks lose or misplace titles, or simply do not follow through on the paperwork.
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TO APPLY CONTACT:
Peter James
General Manager
zion capital investment, Canada
Email: zionloanfirm.ltd@aol.com