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. Enclosed with this letter, you will find a formal payoff statement confirming the full satisfaction of your loan.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. Verify with your lender that the final payment has been received and processed. Keep a copy of your loan payoff statement and receipts as proof. You must fill out the Application for Vehicle Transaction(s) (VSD 190). How do I obtain a Payoff Letter or a Lien Release? 1. How do I pay my City of Chicago unified utility bill? At Ascentra Credit Union, our motto is listening, caring, doing what's right.