This form is a sample letter in Word format covering the subject matter of the title of the form.
This form is a sample letter in Word format covering the subject matter of the title of the form.
In almost all cases the answer to that question is yes, a balance transfer does count as a payment. The balance transfer will be treated like any normal payment made to the credit card company that receives it. Your credit card company will receive the payment, via the banking system in the normal way.
To get a payoff letter, ask your lender for an official payoff statement. Call or write to customer service or make the request online. While logged into your account, look for options to request or calculate a payoff amount, and provide details such as your desired payoff date.