This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,.Just sign in, select the "Financial Aid" tile, then "Financial Aid Home," then "New Loan Request" from the main drop-down menu. This program will help you write a letter that formally requests the money you are owed. This is called a Demand Letter. Create a Loan Payoff Letter online and download it as a PDF or Word document. Customize and print a blank Loan Payoff Letter for free. Notably, that subdivision also explicitly limits the effectiveness of a payoff demand statement to 30 days, a time period exceeded in this case. Contra Costa County. This is a standard form of payoff letter.