ELT Program Benefits

Electronic Lien and Title programs allows lienholders to reduce or eliminate paper titles by replacing them with electronic titles. Benefits include:

• Secure online storage
• Easier lien management
• Faster and more-secure releases
• Reduced paper and mailing costs
• Reduced fraud

Lienholders who participate in ELT programs are no longer required to:

• Retrieve a title from a conventional file when the lien has been satisfied
• Physically satisfy (sign off) the lien on a title or lien release
• Mail a title to a customer
• Apply for a duplicate title to replace a lost title

Lower the cost of mailing, handling, retrieving and storage of paper titles. ELT also allows electronic access to title records which speeds up notification of lien satisfaction and the timeliness of data exchange. Other benefits include improved data accuracy and reduction in title-related fraud.