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.First, get a piece of paper and a pencil or pen. Then write your request on the paper. To receive a copy of a loan payoff statement, please fill out the below request form. How do I get an auto loan payoff quote? Explore a personal loan near you on or offline that meets your immediate needs from Mariner Finance, a personal loan company, today! If you know you're not going to be able to keep up with your loan payments, you might be better off selling the car yourself and paying off the debt. What loan amounts do you offer? Loan servicing and loan modification information from Carrington Mortgage.