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installment loan requirements

Lienholders.The Electronic Lien and Title Program (ELT)

Lienholders.The Electronic Lien and Title Program (ELT)

The Electronic Lien and Title Program (ELT) is just a paperless method that allows TxDMV and a standard bank or lienholder to change vehicle name information electronically. The electronic name is produced and held by TxDMV within the state automobile database.

Title applications are submitted and prepared through the county tax office that is local. Under ELT, each time a lien was pleased, the lending company must submit an electronic launch of lien. The lienholder is then taken off the record, gets a digital notification and a paper name is delivered to the property owner.

  • Electronic Lien notifications
  • Electronic Lien releases
  • Conversion of electronic titles to paper titles
  • Certified Lienholders
  • Certified Vendors
  • Consumption Type
  • Change Request Form
  • Provider Level Agreement
  • TxDMV Technical specs
  • Each time a Paper Title is essential for accurate documentation with a dynamic Lien, the Lienholder Can Request a Printed Title.

    Advantages

  • Cost benefits as electronic documents will likely not need the handling that is same storage space and mailing as paper titles
  • Reduces administrative burden for processing and filing paper titles
  • Improves information precision
  • Improves timeliness of information trade
  • Enhances data and types safety
  • Provides better customer care
  • Participation in ELT

    Lienholders and providers thinking about taking part in ELT solutions have to: