Navigating Fraud: Fake Car Titles & Erasing Liens
Download MP3 Welcome again to Car Titles Today! In this episode, we cover critical topics related to vehicle titles:
- Fake Titles: Learn how to identify and avoid fraudulent car titles. We discuss recent news stories, including cases where individuals used obsolete or duplicate titles to commit fraud.
- Example: A person allegedly used a duplicate title to get a title loan and sold the vehicle with the original title, risking the buyer's ownership.
- Preventing Title Fraud: Discover practical steps to ensure the title you receive is legitimate and current. Verifying the authenticity of a car title can save you from future headaches.
- Obtaining Titles Legally: Understand the importance of using the correct methods to get a vehicle title. We highlight cases where individuals faced legal consequences for using fraudulent documents to obtain titles.
- Erasing Liens: Explore ways to remove a lien from your vehicle title. We discuss a case from the Attorney General's office in Pennsylvania where consumers received refunds and had their liens erased due to unlawful interest charges by predatory lenders.
- Settlement examples: Auto Equity Loans ($700,000), Approved Financial ($2.2 million), Cash Point ($4.3 million).
- Insurance and Titles: Address the common misconception that having insurance on a vehicle can help you obtain a title. Insurance companies do not require a title to issue a policy, and having insurance does not prove ownership or bring you closer to getting a title.
- Tips for Buyers: Get crucial advice on verifying ownership and ensuring you receive a legal title when purchasing a vehicle from private sellers.
For more information and live consultations, visit our websites:
Stay informed and protect yourself from vehicle title fraud with our expert advice!
