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North Carolina Joins Electronic Title and Lien Parade

Legislation just signed in North Carolina directs the Division of Motor Vehicles (aka NC DMV) to start an electronic titling and lien program by July 2014. Within a year of implementation, banks, credit unions and other automotive lenders in the state will begin to replace their paper liens with an electronic exchange of data with the NC DMV. North Carolina would be the 20th state to do so. Continue reading

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