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. 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. First, get a piece of paper and a pencil or pen. Then write your request on the paper. The letter should have a formal, respectful and positive tone. It should also include all key information that the creditor or collection agency needs to know. Leverage Columbia Bank's Mobile App to Bank on the Go. You can check balances, pay bills, deposit checks and so much more. Can't afford federal student loan payments?