The Expert Podcast

Understanding Yendo Lien Release: What You Need to Know


Listen Later

Introduction:

  • 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.
...more
View all episodesView all episodes
Download on the App Store

The Expert PodcastBy Various