Electronic Lien & Titling: Cost-Effective, Superior Service Through Industry Leader PDP Group
The Virginia Department of Motor Vehicles mandates electronic liens and titles for all financial institutions that issue 50 or more liens and titles annually.
To aid our credit unions in meeting this requirement, the Virginia Credit Union League has partnered with PDP GROUP, INC., an experienced ELT vendor.
We also strongly encourage credit unions that currently contract with other providers to compare PDP's fees and services. Our credit unions are seeing 20% to 40% savings when partnering with PDP compared to other providers.
What is Simply ELT?
Simply ELT is PDP Group's secure, user-friendly, web-based electronic title management system. Simply ELT allows you to receive electronic titles, view, print paper and release your lien electronically, while decreasing turn time and reducing fraud. Reporting, training and customer service are built in to Simply ELT at no additional costs.
- Title origination and release is just one fee
- Complementary paper title requests
- Automated validation and correction assessment at no charge
- No enrollment costs
- No user fees
- No monthly minimums
- No long term contract or termination fees
What does it cost?
Simply ELT offers a low, per-title rate with volume based discounts. With Simply ELT, you only pay for what you do.
"Simply ELT is easy to navigate, works to resolve any problem in a timely manner, while staying on top of keeping me informed along the way" - A Top 100 Community Bank
Do I have to enroll in every state?
No. Simply ELT allows you to choose in which state(s) you wish to enroll. We recommend enrolling in the mandatory ELT states at the minimum. There are no additional costs to do so and you are ready in case you need it.