A lender's payoff statement or letter will show the amount you need to pay to completely close out the loan. If I pay the credit card off in full, with ONE payment, will that hurt my credit score?I know having a long payment history sometimes helps you. Ideally, you would pay off your credit card balance before the statement is even issued. Be sure to include your parcel or account number in the email. To successfully tackle your credit card debt, you need to come up with a clear plan. How to pay off credit card debt this year? Here are a few tried-and-true tips to help pay down your credit card debt. A payoff letter shows the remaining balance on your mortgage, including fees, interest, etc. Learn more about what a payoff quote is and how to request one.