total loss on vehicle and I have a title loan

by Tabatha
( greenville, South Carolina, United States )

I wrecked my suv about 1 month ago. I received an offer for settling with a total loss. The insurance company has already picked up the vehicle. Problem is, I have a title loan on the car. They requested I send my title in signed over to them. I have found my original title. The title loan place has a duplicate, because at the time the original was lost. My plans are to send my original title to the insurance company and then pay the loan off. Can I get in trouble for doing it this way? I really need the money now, and this would be the fastest route. I'm in South carolina, don't know if this matters.

Reply from

Let the insurance company know about the lien and ask them. The lien should be recorded so they should find out about it anyway. It's best to be upfront.

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