The Vehicle Payoff Sample Letter form is a crucial document for individuals aiming to transfer their vehicle loan to the State Department Federal Credit Union. How to fill out the Payoff Request Letter Templates?Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started. Customize and Download this "Professional Auto Loan Payoff Letter". Looking to Pay Off Your Auto Loan? Please complete the following information to receive a payoff quote from Bay Federal Credit Union. A payoff letter provides instructions on how to pay off a loan with a lump sum before the loan term ends. Learn how payoff letters work. If you're worried about how to get out of debt, here are some things to know — and how to find legitimate help.