Question by Big Joe: Is it possible to refinance a car? Even when the state keeps your title for the current lender?
Someone told me that it’s possible to refinance a car. But North Carolina State destroys your title until it’s paid off. Can I refinance my car without my title?
Best answer:
Answer by UCANTCME
I have never heard of this but have you called them just to recheck if this is true.
The only reason I ask is that someone can be added to a title for many reasons including refinancing, so why would they destroy the title ???
NCDMV’s Customer Service Office 919-715-7000
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Mortgage Bond Prices Show Refinancing Limits: Credit Markets
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