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Cars and Transportation
Reply to "Selling a car I owe money on?"
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[quote=Anonymous]Contact your lender for the payoff amount snd instructions. Purchaser likely will have to meet you at the credit union so title can be transferred or lien release obtained. Depending on the lender the purchaser may present the cashier’s check for the full amount to the lender, which will then transfer any positive equity to you or present two checks, one payable to you snd the other to the credit union. If the purchaser is financing then the teo lenders handle almost everything. [/quote]
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