Understanding Yendo Lien Release: What You Need to Know
Download MP3Introduction:
- Hello, this is Dave at Car Titles Lately.
- Lately, we've been receiving more requests for lien releases on vehicles from a lender called Yendo.
About Yendo:
- Yendo is an innovative lending institution.
- They offer a line of credit tied to your vehicle, similar to a credit card.
- They hold the title of your car and provide you with a credit card to borrow against or pay down.
Important Considerations:
- Always ensure you get a lien release from Yendo when you close the account or pay it off to zero.
- If you don't get a lien release, the lien will remain on the vehicle.
Recent Issues:
- We’ve had inquiries from people who had a loan with Yendo, paid off their credit card, but didn’t cancel it.
- When their car was totaled, they needed a title to get insurance money.
- If the card is still active, Yendo will still hold a lien on the vehicle.
Advice and Assistance:
- Ensure you receive a lien release document when closing your account.
- For help with the paperwork or lien release, visit our website for assistance.
- If you need private consultation, ActualHuman.com offers live one-on-one video consultations with experts.
Community Engagement:
- We’re interested in hearing your experiences with Yendo.
- Share your comments on how your dealings with Yendo have gone and if you’ve had success getting lien releases.
Closing Thoughts:
- Yendo’s unique approach to vehicle lending has been featured in various media and publications.
- For more insights and information, check out other videos on our channel to help resolve your specific situation.
