THESE COMBINED SOLUTIONS OFFER NUMEROUS ADVANTAGES, INCLUDING: The Electronic Lien and Title (ELT) program provides a robust platform for lenders to securely and efficiently file, confirm, store, manage, and release liens electronically. ELT is integrated with the Global Lender Registry (GLR), serving as a comprehensive database to help dealers locate lenders with greater ease. ELECTRONIC LIEN AND TITLE (ELT) Faster & More Secure Lien Releases: Lien releases are securely expedited through ELT, ensuring faster processing times. Elimination of “Lost” Titles: A reliable and easily accessible digital repository safeguards lien and title documentation, effectively eliminating concerns related to the misplacement of titles. Reduced Costs: ELT significantly diminishes costs associated with the printing and handling of paper documents, presenting a more cost-effective approach to lien management. What to Know ELT & GLR TRANSFORMING VEHICLE TITLE MANAGEMENT IN ILLINOIS IL SOS AND CHAMP UNVEIL NEW ELECTRONIC SYSTEM GLOBAL LENDER REGISTRY (GLR) Comprehensive Lender Database: Access an extensive list of lenders spanning multiple states, ensuring you find the right match for your needs. Consistent Lender Data Across Applications: Our standardized data set ensures your information remains consistent across all types of liens, enhancing accuracy and efficiency. Seamless Dealer Processing and Intelligent System: Even if a lender is not yet in our system, the process remains smooth with a temporary lender code, ensuring no delays in your deals. Additionally, our platform continuously improves with use and feedback, providing the most accurate lender recommendations over time. © 2024 CHAMP Titles®. All rights reserved.
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