My finance company recently charged off my car loan.If I pay the balance off, shouldnt I receive the title?

Question

Oh & I still have the vehicle in my possession

Answer 1

Good question. When you call to make the settlement offer to pay them in full, make the title part of the deal.

You probably shouldn't wait too long. They may have the repo man looking for you.

Answer 2

If you pay the balance and whatever collection expenses your state permits the finance company to impose, you should receive the title.

Answer 3

No no longer quickly. while you're keen to pay the comparable exorbanent costs as in the previous they are going to happlily settle for it! The perogitve right here is yours, -- first of all you could advance (or drop) the deductable (that facilitates a sprint), and you will even drop finished, fire and so on. - which will cut back it way down! besides the undeniable fact that in case you only carry "criminal accountability" insurance, -- in case you destroy the motor vehicle (and that isn't any longer somebody els'es fault), you don't get any funds to interchange it or restoration it! i'm of the previous schooll (began utilising in 1952)- I even have continuously used the "one hundred% down - no ordinary funds plan",- the older used vehicles I tension in lots of cases can get replaced with the quantity of funds i did no longer spend on comprhensive and so directly to insure them! case in point I hit a deer with wifes motor vehicle 2 weeks in the past ( first deer I even have hit in my existence), -- I convey mutually no insurance - on it! besides the undeniable fact that I paid $a million,six hundred for it 4 years in the past, -"entire insurance" with $a million,000 deductable, - costs approximately $a million,200 a one year, - as destructive to $480 for "minimum criminal accountability" (required by way of Texas State regulation), -- now shall we see $800 X 4 years, = $3,200. i ought to have offered and paid for 2 of those vehicles in that factor! the wear on the motor vehicle (in accordance to physique keep estimate is $a million,200), -besides the undeniable fact that the motor vehicle continues to be driveable, I have been given a headlight on the junkyard, and streighrtened the hood up adequate that it's going to open and close, and have been given fender bent back out to approximate shape, and am nonetheless utilising the motor vehicle! perhaps next one year i'm going to sell it to my grandson (new driving force) and enable him destroy it the the remainder of how! because new drivers must be taught what to no longer do with vehicles! This one happens to be sufficiently great and powerful adequate to stay to tell the story hitting a deer at 50mph, -- perhaps that is going to save him alive too! besides, - as quickly as we get waiting to make a "long holiday someplace", - we can only get yet another "stable motor vehicle" we live in united states of america, and there are countless deer circulating in fall, - so perhaps that is going to stay to tell the story a pair extra in the previous that's thoroughly "long previous!"