A lender's payoff statement or letter will show the amount you need to pay to completely close out the loan. Creating a payoff letter is essential to any loan or mortgage repayment process.Our free templates and this guide can help you get started. Here's everything you need to know about drafting and filing an Answer to a credit card debt lawsuit, with sample Answers included. You can search for, get copies of, or update property ownership records, such as deeds and mortgages. A deed is often referred to as a title. See a sample Answer Form for Consumer Credit Transaction. This is an example of a payoff letter used in a syndicated loan transaction. A poor credit score impacts your ability to obtain a loan, buy a house, or even get a job. Credit card lenders in the period. (2001-2002).