Lien holder is any entity that may have an interest in the vehicle. Usually this is the financing company of the vehicle. Once the vehicle is paid off the financing company releases it's lien and you have what is called a "Clean title". A clean title is basically where you're the registered owner as well as the legal owner of the car. When you are financing a vehicle, and a lien holder is on the title, you are merely the registered owner, and the lien holder is the "legal owner" of the vehicle. That's how when you default on an auto loan a company can repo the vehicle because they are the legal owners of said vehicle. Hope that helps.
ace9848 wrote:What is a lien holder ?Now you really know how clueless I am. I am hoping that since I don't know what one is, that I don't have one.
ace9848 wrote:What does "clean title history" mean?