You have several ways to contact us when you need a question answered or have a problem. This is an example of a payoff letter used in a syndicated loan transaction.This payoff letter (including the defined terms such as Lenders,. What is a cease and desist letter in relation to debt collection? A payoff letter provides instructions on how to pay off a loan with a lump sum before the loan term ends. Learn how payoff letters work. Don't worry credit isn't an issue. For example, Freddy is served with a Summons and Complaint for his credit card debt on April 1, 2022. Who wouldn't want to save money, right? Call Center: 817.884.1470.