A vehicle payment plan agreement is a contract between a buyer and seller of a vehicle that agrees to installment payments. A 10 day payoff is crucial to getting your old loans paid off during a refinance.Learn how it works from start to finish. Use our free payment plan agreement form to spell out all the terms and conditions of a loan if you need to establish a payment schedule with someone. A loan servicer is the entity that handles all billing and accepts loan payments. 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. Set up automatic payments. With automatic payments, your payment is debited monthly from your checking or savings account. This Payoff Request Form is essential for borrowers seeking to obtain a payoff amount for their loans. How do I view my upcoming scheduled payments in the Customer Portal?