Can a Title Loan Office Refuse to Sign a Satisfaction of Lien Before Title Is Received Back from DMV?

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After realizing the loan company was charging 300% intrest, I paid the loan off and now the loan company says it will take 6 to 8 weeks for them to get the title back.Another loan company advised me to get a “satisfaction of lien” form filled out but the lady says she cant do this. What should I do?

One thought on “Can a Title Loan Office Refuse to Sign a Satisfaction of Lien Before Title Is Received Back from DMV?

  1. Check with your governmental office that handles title transfers. They can tell you what is possible and legal.

    If there is any way you can get by without borrowing again, please try to do so. It is like quicksand….

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