Electronic Lien and Title (ELT)
Electronic Lien and Title, or ELT, programs are growing in popularity around the country. DMVs are saving money and going green by producing and mailing fewer titles, lenders are enjoying the ease of use, fraud protection and the reduction in paper storage and consumers are happy to receive a clear title directly from the DMV when their load has be repaid.
PDP Group is an experienced, approved vendor for all active ELT programs.
We work with any DMV that is considering the move to ELT in order to stay current on possible requirements and legislation and to be ready to "hit the ground running" when the state is ready to implement.
The most popular transactions supported by Electronic Lien and Title programs are:
Lien Notification
The state notifies the lender (through the PDP system) that a lien has been successfully filed on a vehicle. The notification includes all of the information that would print on a paper title. The electronic notification is the official title record until a paper title is printed.
Paper Title Requests
Sometimes, business cannot be transacted without a paper title. When you need a title in your hand, a request is sent to the DMV (through the PDP system) to print and route the paper document.
Lien Satisfaction
When a lien has been satisfied, electronic notification and release instructions are forwarded to the DMV (through the PDP system). The DMV will remove your interest from the title and print a new title. The DMV will route according to your direction.
Whether you are looking for full administration of your electronic titles or just need a conduit through which you can work with the DMV, PDP has a solution for you.