Take your statement and explain you want to payoff the loan. 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. 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? Using a credit card to pay off a car loan typically has to be done via a balance transfer. This process involves moving debt from one place to another. Get answers to frequently asked questions about OnPath FCU in Louisiana.