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.To receive a copy of a loan payoff statement, please fill out the below request form. Take your statement and explain you want to payoff the loan. An auto loan payoff letter is just a way to prove that you have paid in full for a car. If you are selling your vehicle, often the buyer will ask to. How do I get an auto loan payoff quote? My question is what is the best way to make this paymemt? The primary mission of Publix Employees Federal Credit Union is delivering the best value for lifelong relationships one member at a time. Serving New Jersey since 1927, Columbia Bank offers personal and business banking services to our customers.