Reviewed by Shannon Martin, Licensed Insurance Agent.
Congratulations! Paying off a loan is really exciting.
After you pay off your loan, your lien will be satisfied. This means that the lienholder will send you the title or title release documents. Once you receive the documents, you’ll be able to
Paying off your car loan will definitely lower your monthly bills. If you’d like to lower them even further, take a look at your car insurance. Many people pay too much for their insurance policies, but the
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.