Electronic Lien and Title

Streamline Your Lien & Title Management

The Rhode Island Division of Motor Vehicles is pleased to announce the upcoming launch of our new Electronic Lien and Title (ELT) Program, designed for lenders throughout the state. By transitioning from paper-based lien and title transactions to a secure digital platform, the ELT Program aims to enhance compliance, simplify processes, and strengthen security for all financial institutions.

How to Pre-Enroll

The ELT Program is currently under development, and we anticipate releasing the official Go-Live date soon. Lenders who are interested in early enrollment are encouraged to connect with us by emailing enroll@champtitles.com or by calling (216) 423-6163. Financial institutions will have two enrollment options:

1. ELT Service Provider
   Ideal for lienholders handling larger transaction volumes or those operating in multiple states.
2. Lien Management Portal
   Perfect for institutions that prefer to manage their electronic liens directly, without using a service provider. This user-friendly, web-based portal allows straightforward oversight of lien activities.

Benefits of the ELT Program

The ELT Program provides a secure and fully digital solution for completing lien transactions, significantly reducing the risk of fraud. Through this system, lenders can electronically verify lien details, complete necessary updates, and promptly release liens once loans are satisfied.

Key Advantages of the ELT System Include:

• Enhanced Document Security
  By eliminating paper records, transactions are processed swiftly and securely. This minimizes paperwork, physical transit, and the possibility of document tampering or loss.
• Faster Processing
  Lien and title transactions move more quickly, benefiting everyone involved in vehicle ownership or sales, including Rhode Island DMV customers, financial institutions, car dealerships, insurance providers, and fleet managers.
• Cost and Time Savings
  The reduction in printing, physical storage, and manual shipping of documents leads to significant savings for lenders and other stakeholders.
• Improved Efficiency for Rhode Island DMV
  Electronic processing streamlines operations within Rhode Island DMV agencies, resulting in a better customer experience and enabling staff to finalize vehicle transactions more efficiently.

We look forward to offering a more secure, convenient, and efficient solution for managing lien and title transactions across Rhode Island.  Pre-enroll today to take the first step towards a seamless transition to electronic processing.

For questions or assistance, please contact us by emailing enroll@champtitles.com or calling (216) 423-6163.