How long does it take to get a title from the loan company?
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How long does it take to get a title from the loan company?
I am supposed tobe buying a car but the owner still hasnt gotten the title from the loan campany apparently. Its been two weeks, any idea how long this usually takes?
#6
Depends on where it was financed...
If it was financed at a local institution, they will typically clear the funds and release the title quickly (less than a week).
If it's something like VW credit or other large financing institution, it can take somewhere around a month. They are slow to verify that the funds cleared, and then they have to submit a request for the title (stored off site managed by a 3rd party). Once they get it, they close out their paperwork and mail out the title.
If it's something like VW credit or other large financing institution, it can take somewhere around a month. They are slow to verify that the funds cleared, and then they have to submit a request for the title (stored off site managed by a 3rd party). Once they get it, they close out their paperwork and mail out the title.
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