Your car title is the most important document relating to your car and the only actual proof of ownership. With that in mind, it’s important that you look after it and try to avoid these 5 common mistakes that can get you in trouble with your Tennessee car title.

Don’t try to make corrections to your title. Doing so will void it. In a similar vein, if your car title is damaged in any way, you’ll need to have it replaced at the Tennessee Department of Motor Vehicles (DMV) as soon as possible.

Common Tennessee Car Title Mistakes

There are a lot of pitfalls when it comes to using your title properly, and maintaining this crucial document is important to avoid legal troubles. The rest of this article will go through the 5 most common car title mistakes, and how you can use your Tennessee car title properly.

1. Keeping A Damaged Title

Your Tennessee car title must be in proper condition, whether you’re selling the car or keeping it. A damaged car title can obscure information, with tears obfuscating the document or water blurring it.

If your Tennessee car title has water damage, is burned, or has any kind of tear in it, take it to your DMV along with your ID and money for the replacement fee to have the issue seen to.

Your car title must be in pristine condition to be legal, especially if you’re trying to sell your car. Make sure you check your car title for damage from time to time and always ensure the car title is in proper condition when buying a car. A damaged car title or a title with misinformation can be a warning sign of a scam, so be alert.

2. Correcting Errors On Your Title

Your Tennessee car title cannot be changed without going to the DMV. That means that if you try to whiteout and correct some of the information, the title will be considered void. You might also end up in a little legal trouble if you go about changing information on your title the wrong way.

3. Having The Wrong Buyer Names

As mentioned above, all information on the title should be correct before you try to make a sale or buy a car. If the title of the car you’re buying has the wrong information on it, you need to have it corrected before you purchase the car.

As soon as you take ownership, you are responsible for all of the information on the title being correct and can be held legally accountable. Sometimes, a wrong buyer name can be a result of an innocent circumstance wherein a buyer backs out after already signing the title.

If the seller isn’t willing to change the information on the Tennessee car title, you should be wary of a scam attempt.

4. Failing To Transfer Your Title

Whether you’re buying or selling, you must transfer the title to the new owner. Failing to transfer your title can result in some legal headaches that you really don’t want to deal with, so always make sure that you are the listed owner of the vehicle you’re driving and that all of the information is correct when you make a transfer, whether you’re buying or selling.

If you notice something’s wrong, don’t panic! Just take it over to the DMV to get it fixed as soon as you can.

5. Not Using Your Car Title For A Title Loan

One of the best things about owning a car that most people don’t realize is that you can use the title to get a secured loan that can help you out in a pinch.

If you need money for medical bills, emergency travel, or important home or auto repairs, a car title loan is available to help you out.  Tennessee Title Loans, Inc. offers loans from $300 to $2,500, and all you’ll need to get started is your driver’s license, lien-free vehicle title, a quick inspection of your vehicle, and proof of income.

Once you’ve finished applying for your car title loan in Tennessee, you’ll meet with a representative to walk you through the process and let you know if you qualify and how much you qualify for. Assuming you are approved, you can get the cash you need the same day or the following business day.

Contact Tennessee Title Loans, Inc. Today!

This article can help you recognize and avoid common mistakes when dealing with your Tennessee car title. And, if you’re struggling to pool your resources due to a sudden major expense, car title loans in Tennessee are an option to handle those big bills before they get out of hand. Even if you have bad credit, you can still apply for a loan. To get your expenses taken care of, consider getting in touch with Tennessee Title Loans, Inc. by submitting an application today!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.