A lender's payoff statement or letter will show the amount you need to pay to completely close out the loan. 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.For vehicle and motorcycle loan payoffs, please provide us a signed authorization of certificate of title release if the title is not to be sent to you. Sufficient income, credit and a history of paying debts on time are among the top criteria lenders seek in an applicant. Important information about transferring the vehicle's title to your name and placing PNC's lien on the title. Your account number is at the top of your monthly statement and on the payment coupon at the bottom of the statement. Online. When you take out an auto loan, your lender will be listed as a lienholder on the title. Include your vehicle account number with your payoff payment to avoid any processing delays. PSECU loan payment is easy. Make a PSECU payment here.