How to fill out the Payoff Request Letter Templates? Do you need a loan payoff request form?Use a standard business letter format with your name, contact information, and the date at the top. Looking for a payoff amount? This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. A payoff agreement is an informal contract in which a creditor agrees to accept the balance of a debt owed as full payment. WE SPECIALIZE IN DELINQUENT AND DEFAULTED PRIVATE LOANS Student Loan Refinance For Struggling Borrowers Lower your interest and reduce your total debt. How long does it take to fill out the form to apply for an auto loan from Navy Federal? It typically takes less than 10 minutes to complete an application.