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. This document is a debt payoff letter from a debtor to a creditor.Enclosed with this letter, you will find a formal payoff statement confirming the full satisfaction of your loan. How to fill out the Payoff Request Letter Templates? Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started. To receive a copy of a loan payoff statement, please fill out the below request form.