Is it possible to refinance a car? Even when the state keeps your title for the current lender?
Big Joe asked:
Someone told me that it’s possible to refinance a car. But North Carolina State destroys your title until it’s paid off. Can I refinance my car without my title?
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Someone told me that it’s possible to refinance a car. But North Carolina State destroys your title until it’s paid off. Can I refinance my car without my title?
Caffeinated Content
Tags: Current, North Carolina State, Refinance Car
September 29th, 2008 at 8:34 am
I have never heard of this but have you called them just to recheck if this is true.
The only reason I ask is that someone can be added to a title for many reasons including refinancing, so why would they destroy the title ???
NCDMV’s Customer Service Office 919-715-7000
October 2nd, 2008 at 4:54 pm
What are you talking about? Why would the State destroy your title? Actually, why would they even have the title? It should be in the hands of whomever gave you the loan unitl it’s paid off, then it will be transferred to you.
You need to provide more information on your situation.