How to get your car title back from Yendo
Paying off and closing your account is simple, but the title step depends on your state. Here's how it works.
- Pay to $0
- Close the account
- Lien released
End result
A clear title
The car is fully yours again.
In short: Pay your balance to $0, ask Yendo to close the account, and wait for the lien release. Depending on your state, Yendo either returns the title or sends you a release to take to your DMV.
Step by step
Pay the balance to $0
Include any interest that posts after your last statement. Pending purchases need to clear too.
Contact Yendo to close the account
Use the Yendo app or customer support and ask specifically for the lien to be released when the account closes.
Wait for the lien release
Processing times depend on your state's motor vehicle agency. Ask Yendo for an estimate and a confirmation in writing.
Get your title, or update it at the DMV
In title-holding states, Yendo returns the physical title. In other states, you receive a lien release document to present at your DMV for a clear title.
If you want to sell or trade in your car
You generally can't transfer a clear title while Yendo's lien is on it. Pay off and close the account first, or ask the buyer or dealer how they handle liens, as some dealers pay off lienholders directly as part of a trade-in. Get any arrangement confirmed with Yendo before you sign.
If you want to refinance your auto loan
A new auto lender will want to be the lienholder. Talk to Yendo and the new lender before starting, since the Yendo lien may need to be cleared first.
Will closing hurt my credit?
Closing any credit card can lower your available credit and affect your utilization ratio. Your payment history stays on your report, and positive history continues to help. If you have other cards, keep their balances low after closing.
Common questions
How long does it take to get my title back from Yendo?
It depends on your state's motor vehicle agency. Ask Yendo for an estimate when you close the account.
Can I get my title back without closing the account?
Generally no. The lien stays in place while the account is open, because the car secures the credit line.
Photos via Unsplash.