Understanding Yendo Lien Release: What You Need to Know

The Expert Podcast

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.